- Trade
- Export Services
- Letter of Credit Negotiation / Discounting
Letter of Credit Negotiation / Discounting
Convert receivables to cash immediately
- Trade
- Export Services
- Letter of Credit Negotiation / Discounting
Letter of Credit Negotiation / Discounting
Convert receivables to cash immediately
Improve cash flow with Letter of Credit Negotiation/Discounting by receiving immediate credit while you wait for payment from the issuing bank.
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Hassle-free
Our specialists check your export documents for you
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Thorough
Experienced and certified documentary specialists verify that your documents can be negotiated/dispatched promptly
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Simple
Once the documents are in order, you can convert receivables into cash quickly and easily
![time](/documents/1055266/18798913/002.png/80489b17-dfd3-9a5a-4ae1-8d64728b016c?t=1576047586999)
Fast
Submit documents any time before 1:30 pm to ensure they are processed on the same day. We offer one of the latest cut off times in India for your convenience
![convenient](/documents/1055266/18768628/008.png/71431f91-4722-f01c-aa3b-1db48cdc97ac?t=1576047212046)
Convenient
Free up funds and finance your Export Bills Under Collection (DA/DP) at competitive rates for different foreign currencies with our Post Shipment Financing
Simply visit us at any of our Branches and our Relationship Manager will be glad to assist you.
Schedule a callback via this online form.
Alternatively, you can reach us at 1800 103 6500 / 1800 419 9500
Email: [email protected]
Do I need a credit facility to apply for letter of credit negotiation/discounting? | |
If you do not have any credit limit with DBS, the LC needs to be restricted to DBS. |
How do I access the discounting rate? | |
Please visit us at any of our branches and we’ll arrange for a relationship manager to assess your needs and provide you with a quotation. |
How do I check the status of payment? | |
You can monitor payments through IDEAL, our online banking platform. |
How do I complete the application form? | |
Please visit us at any of our branches and we’ll assist you with your application needs. |
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