INWARD BILL COLLECTION

Optimise your internal processes for handling import documents with RHB's Inward Bill Collection services

Highlights & Benefits

Enhance the security and efficiency of your import trade operations.



Easily manage your incoming documents

 

Let RHB manage your Inward Bill Collection by receiving your incoming documents from the seller for either Payment on Sight, or Payment at Future Date.

 



Documents against Payment (DP)

 

The Import documents are released to you upon your payment to the seller. 

 



Documents against Acceptance (DA)

 

The Import documents are released to you upon acceptance of the bills of exchange/drafts where you agree to pay the seller on a fixed future date.

 



Easily manage your incoming documents

 

Let RHB manage your Inward Bill Collection by receiving your incoming documents from the seller for either Payment on Sight, or Payment at Future Date.

 



Documents against Payment (DP)

 

The Import documents are released to you upon your payment to the seller. 

 



Documents against Acceptance (DA)

 

The Import documents are released to you upon acceptance of the bills of exchange/drafts where you agree to pay the seller on a fixed future date.

 

Rates & Charges

Inward Collection Bill

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

 

Presentation Fee

First Presentation

Free

Subsequent Presentation

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

Enquire about Inward Bill Collection services now.

Important Notice

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

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