Letter of Credit Negotiation / Discounting | DBS CN Corporate Banking

Letter of Credit Negotiation /Discounting

Convert receivables to cash immediately

Convert receivables to cash immediately

At a Glance

Improve cash flow with Letter of Credit Negotiation/Discounting by receiving immediate credit while you wait for payment from the issuing bank.

Features & Benefits

Our specialists check your export documents for you

Experienced and certified documentary specialists verify that your documents can be negotiated/dispatched promptly

Once the documents are in order, you can convert receivables into cash quickly and easily

How to Apply

Get your documents processed on the same day. Simply submit your application form and documents:

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FAQs

	Do I need a credit facility to apply?
	No. However, this service is subject to issuing bank and country limit availability.

	How do I access the discounting rate?
	Please contact us. We will arrange for a relationship manager to assess your needs and provide a quote.

	How do I check the status of my letter?
	You will be notified once the payment is credited to your account. You can also monitor payments online through DBS IDEAL

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