INWARD BILL COLLECTION

Facilitate your trade with our inward bill collection services.

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. 

 



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

 
Handling Charges
1/8%, Min S$90 for both SGD & FCCY

 

Presentation Fee

First Presentation

Free

Subsequent

S$30 Each

Docs released free of payment
(withdrawal / cancellation)

1/8% Flat, Min S$90

Holding Fee

S$50 per month
Sight Bills - 1 month Grace
Term Bills - 1 month Grace

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

Important Notice

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

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