OUTWARD BILL COLLECTION

Collect payment efficiently from your buyer's bank through our Services.

Highlights & Benefits



Collect payment easily and efficiently from your buyer’s bank through our Outward Bill Collection. Our service supports the management and handling of all export documents that are presented to RHB in accordance with terms stipulated in the transaction between parties.



Documents against Acceptance (DA)


Export document is sent to your Buyer's bank. Document is released when your buyer has accepted the bills of exchange/drafts and agree to pay on a fixed future date.

 



Documents against Payment (DP)


Export document is sent to your Buyer's bank. Document is released when your buyer pays.

 



Collect payment easily and efficiently from your buyer’s bank through our Outward Bill Collection. Our service supports the management and handling of all export documents that are presented to RHB in accordance with terms stipulated in the transaction between parties.



Documents against Acceptance (DA)


Export document is sent to your Buyer's bank. Document is released when your buyer has accepted the bills of exchange/drafts and agree to pay on a fixed future date.

 



Documents against Payment (DP)


Export document is sent to your Buyer's bank. Document is released when your buyer pays.

 

Rates & Charges

Outward Collections Bill

 

Handling Charges

- for amendments, on bill amount, whichever is higher

1/8% Flat, Min S$90

Holding Fee

S$50 per month
Sight Bill – after 1 month from date of our dispatch
Term Bill – after 1 month from maturity date

Clean Collection / Cheque

1/8% Flat, Min S$20, Max S$100

Important Notice

This advertisement has not been reviewed by the Monetary Authority of Singapore.

You may also be interested in these products
Import Services
icon
Import Letter of Credit
Enjoy the assurance that the goods will be shipped before payment is made to the seller.
Import Services
icon
Inward Bill Collection
Facilitate your trade activities with our inward bill collection services.
Import Service
icon
Invoice financing (Purchase)
Free up your cash flow and focus on growing your business.
Import Service
icon
Shipping guarantee
Save time and money by taking possession of your goods
Export Services
icon
LC Advising & Confirmation
Gain peace of mind as your buyer's Letter of Credit is authenticated and verified.
Export Services
icon
Transferrable LC
Secure your goods by transferring the export Letter of Credit to the final seller.
Export Services
icon
Export LC Negotiation
Receive payment for your goods while you wait for payment from the issuing bank.
Export Services
icon
Export Pre-shipment financing
Global exports become smoother with pre-shipment working capital.
Guarantees
icon
Standby Letter of Credit
Get peace of mind when you make payment to beneficiaries.
Guarantees
icon
Banker's Guarantee
Get peace of mind when you make payment to beneficiaries.
Import Services
icon
Import Letter of Credit
Enjoy the assurance that the goods will be shipped before payment is made to the seller.
Import Services
icon
Inward Bill Collection
Facilitate your trade activities with our inward bill collection services.
Import Service
icon
Invoice financing (Purchase)
Free up your cash flow and focus on growing your business.
Import Service
icon
Shipping guarantee
Save time and money by taking possession of your goods
Export Services
icon
LC Advising & Confirmation
Gain peace of mind as your buyer's Letter of Credit is authenticated and verified.
Export Services
icon
Transferrable LC
Secure your goods by transferring the export Letter of Credit to the final seller.
Export Services
icon
Export LC Negotiation
Receive payment for your goods while you wait for payment from the issuing bank.
Export Services
icon
Export Pre-shipment financing
Global exports become smoother with pre-shipment working capital.
Guarantees
icon
Standby Letter of Credit
Get peace of mind when you make payment to beneficiaries.
Guarantees
icon
Banker's Guarantee
Get peace of mind when you make payment to beneficiaries.
Connect with Us
Please fill in your Business Contact Information below so that we can get in touch with you.

By clicking Submit, I consent to allow RHB Bank Berhad (RHB), RHB Group (including its holding company, subsidiaries and associated companies resulting from merger, sale, acquisition or restructuring) and any permitted third party by RHB to collect, use, disclose or transfer any information provided by me herein in Singapore or elsewhere for the products and services offered by RHB and as may be required by law, as the case may be.