Highlight & Benefits
Takes care of your incoming documents.
Inward Bill Collection takes care of your incoming documents from the seller for payment on sight or for payment at a future date.
Documents against Acceptance (DA)
Import document is released to you upon acceptance of the bills of exchange/drafts where you agree to pay the seller on a fixed future date.
Documents against Payment (DP)
Import document is released to you upon your payment to the seller.
Rates & Charges
Inward Collection Bill
Presentation Fee |
|
First Presentation |
Free |
Subsequent |
S$30 Each |
Docs released free of payment |
1/8% Flat, Min S$90 |
Holding Fee |
S$50 per month |
Protest Charges + Protest Fee Charges |
S$100 + protest fee |
Invoice Finance Handling |
1/8%, Min S$100 |
Inward Doc Bill
Amount Overdrawn |
1/8% per month on excess portion, Min S$90 |
Drawing against expired LC |
1/8% per month from LC expiry date to payment date, Min S$90 |
This advertisement has not been reviewed by the Monetary Authority of Singapore.