Shipping Guarantee | Air Waybill Endorsement | DBS SME Banking HK

Shipping Guarantee/Air Waybill Endorsement

Take your cargo early to avoid demurrage charges

Shipping Guarantee/Air Waybill Endorsement

Take your cargo early to avoid demurrage charges

At a Glance

A Shipping Guarantee/Air Waybill Endorsement will enable the release of your cargo without original Bill of Lading/Air Waybills and you can take your cargo quickly to avoid incurring demurrage charges.

Efficient

Take the cargo before receipt of shipping documents and expedite your business activity

Cost-effective

Avoid expensive demurrage charges if your goods are released in a timely manner

Speedy turnaround

Get your Shipping Guarantee/Air Waybill Endorsement issued in just 30 minutes, so you can tend to your business needs right away

Features & Benefits

Expedite goods collection

Save the transit time of shipment documents and avoid unnecessary delays

Convenient

Apply for a Shipping Guarantee/Air Waybill Endorsement online through DBS IDEAL

How to Apply

If you need a Shipping Guarantee/Air Waybill Endorsement from DBS Bank, please submit the following documents at any of our Trade Collection Branches or SME Banking Centres:

Application form
Copy of the shipping document
Indemnity letter from the shipping company

Download PDF

Application for Shipping Guarantees (“SG”) / Release of Good

Pledge and Trust Receipt Application Form

Trade Finance Service Fee Schedule

FAQs

	What is Shipping Guarantee/Air Waybill Endorsement?
	A Shipping Guarantee/Air Waybill Endorsement is a written guarantee endorsed by a bank. It is issued to the importer in order for them to pick up goods from the shipping company in the event that the cargo arrives before the required shipping documents.

What are the benefits of a Shipping Guarantee/Air Waybill Endorsement?

A Shipping Guarantee/Air Waybill provides businesses of all sizes a multitude of benefits, including:

Gaining possession of goods without the need of transport documents
Defers payments that need to be made until the supplier’s documents are obtained
DBS Bank’s Shipping Guarantee/Air Waybill is recognised and accepted by all major shipping companies around the world
Prevents delays and provides a streamlined process for businesses to grow
Businesses do not have to pay storage or demurrage charges
Shipping Guarantee/Air Waybill can be issued right after an application has been submitted to DBS Bank

	Do I need a credit facility to apply for a Shipping Guarantee/Air Waybill Endorsement?
	You don’t need a credit facility if you apply for a Shipping Guarantee/Air Waybill Endorsement under a Documentary Credit. However, if you apply under our Inward Bill Collection (DA/DP), we’ll utilise your existing credit limit with us. Please call DBS BusinessCare at 2290 8068 for more information.

	How long does it take to process?
	We can process your Shipping Guarantee/Air Waybill Endorsement in just 30 minutes if we receive the application before 6pm.

	How do I redeem it?
	Once you’ve paid for the documents, you will need to submit the original bills of lading to the shipping company in order to redeem your Shipping Guarantee. For Air Waybill Endorsement, DBS will close the transaction record after receiving the original air waybill.

	How do I cancel it?
	The Shipping Guarantee/Air Waybill Endorsement will be cancelled once the original Shipping Guarantee/Air Waybill is returned to DBS.

	What can I do if my loan application is not accepted? Is there a process to review the decision?
	If you have any questions or need to discuss the result of your loan application, please contact our "SME Credit Approval Review Hotline" at 2290 8050 or email to [email protected]

Get in Touch

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Shipping Guarantee/Air Waybill Endorsement