Letter of Credit Negotiation | LOC Discounting | DBS SME Banking Taiwan

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

Fees

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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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