Export

Gain advantage through efficient documentation processes and electronic collection solutions

Through Commercial Banking, we offer integrated physical and electronic collection solutions to significantly reduce Days Receivable and improve workflow management.

We offer simple, customised, end-to-end solutions through our award-winning products and e-delivery tools to help clients achieve their objectives and optimise their working capital.

Letters of credit advising

We will verify authenticity of the L/C before we advise you on it. Electronic notification with full text of the L/C can also be sent through our Trade Services Platform, an electronic delivery system.

Letters of credit confirmation

For clients less comfortable with the risk of the L/C’s issuing bank or the country, we can add our confirmation on the L/C, hence transferring the risk to us.

Export bills for collection

We can handle your export documents (D/A or D/P) sent for importers’ acceptance. We will then route payments to you upon receipt of funds from the presenting bank.

Export bills under L/Cs

As a trade bank, we have professional checkers who will check relevant documents to ensure compliance to the terms and conditions of the L/C. This aids in protecting your interests as an exporter, and also helps in presenting clean bills to secure fast payment from the issuing bank.

Packing loans

Short-term, pre-shipment financing can be extended to enable exporters to procure raw materials for the manufacture of finished goods for export.

Export bills negotiation/discounting

Short-term, post-export financing can be arranged to improve your cash flow pending payment from the L/C issuing bank.