OUTWARD BILL COLLECTION

Streamline payment collection from overseas buyers

Highlights & Benefits

RHB's comprehensive Letter of Credit services help both importers and exporters conduct business efficiently and safely.

 

Reduce administrative stress


RHB's Outward Bill Collection services support you in managing export documents efficiently, easing the administrative process of collecting payments due from your buyer's banks.



Documents against Acceptance (DA)

 

Export documents are sent to your buyer’s bank and released upon your buyer’s acceptance, with payment committed on a specified future date.

 



Documents against Payment (DP)

 

Export documents are sent to your buyer’s bank and released upon receipt of your buyer’s payment.

 

 

Reduce administrative stress


RHB's Outward Bill Collection services support you in managing export documents efficiently, easing the administrative process of collecting payments due from your buyer's banks.



Documents against Acceptance (DA)

 

Export documents are sent to your buyer’s bank and released upon your buyer’s acceptance, with payment committed on a specified future date.

 



Documents against Payment (DP)

 

Export documents are sent to your buyer’s bank and released upon receipt of your buyer’s payment.

 

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

Enquire about Outward Bill Collection services now.

Important Notice

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

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