Export Services
Convert trade receivables into cash, manage working capital and minimise risk
Overview
Our comprehensive suite of export solutions support your sale of goods and services by unlocking tied-up cash, mitigating risks, and providing working capital solutions. This way, you can expand to new markets and grow your business confidently.
Why Choose UOB
Extend your connections through UOB Group's extensive network
Enjoy direct links with worldwide trading parties through the UOB Group’s extensive network of regional offices and worldwide correspondent relationships.
In-country advisory expertise
Gain direct access to advisory expertise on trade solutions, local market knowledge and regulations.
Export financing
Improve cash flow with Export Financing and free up your funds for other business purposes
Minimize your risk
Add our confirmation to the Export Letter of Credit to mitigate risks of dealing with less familiar counterparties, financial institutions, or higher risk countries.
Multiple product suite
Manage the potential foreign exchange and interest rate exposure that you may face by bundling our wide range of trade solutions with global market-related products such as FX Deliverable Forward, Interest and Currency Swaps, and Commodities Derivatives.
UOB Infinity
Allows seamless electronic submission of applications, monitoring of DHL document shipment status and timely update of transaction records.
UOB eAlerts
Receive trade alerts on the status of your import transactions.
Why Choose UOB
Extend your connections through UOB Group's extensive network
Enjoy direct links with worldwide trading parties through the UOB Group’s extensive network of regional offices and worldwide correspondent relationships.
In-country advisory expertise
Gain direct access to advisory expertise on trade solutions, local market knowledge and regulations.
Export financing
Improve cash flow with Export Financing and free up your funds for other business purposes
Minimize your risk
Add our confirmation to the Export Letter of Credit to mitigate risks of dealing with less familiar counterparties, financial institutions, or higher risk countries.
Multiple product suite
Manage the potential foreign exchange and interest rate exposure that you may face by bundling our wide range of trade solutions with global market-related products such as FX Deliverable Forward, Interest and Currency Swaps, and Commodities Derivatives.
UOB Infinity
Allows seamless electronic submission of applications, monitoring of DHL document shipment status and timely update of transaction records.
UOB eAlerts
Receive trade alerts on the status of your import transactions.
Type of Solutions
Export Letter of Credit Advising
UOB, the Advising Bank, will authenticate your Letter of Credit before releasing the LC to you. With this, you can be assured of the authenticity of your LC, giving you greater peace of mind. You will receive a notification from us when we receive the LC.
Export Letter of Credit Discounting/Negotiation
You can instruct UOB to present relevant documents to the buyer’s bank on a date set by you. Upon payment or acceptance of drafts payable, the buyer’s Bank will present the documents to the buyer, giving you greater peace of mind.
Export Transferrable Letter of Credit
If you are a middleman/reseller in a transaction, you can request for UOB to transfer your Export Transferrable LC to the final seller. This will eliminate the hassle of issuing an LC to purchase the goods before selling them against an Export LC, thereby helping you quickly secure the goods you have purchased.
Export Letter of Credit (LC) Confirmation
If you are unfamiliar or uncertain about the credit rating of the LC issuing bank or the operating environment the bank is domiciled in, you can request for your buyer to allow UOB to confirm the letter of credit. Obtain greater peace of mind when we mitigate the risks associated with the transaction.
Export Documentary Collection
You can instruct UOB to present relevant documents to the buyer’s bank on a date set by you. Upon payment or acceptance of drafts payable, the buyer’s Bank will present the documents to the buyer, giving you greater peace of mind.
Export Bill Purchase
UOB can provide an advance to you by financing your export bills at full value, before you receive payment from your buyers. The advance will be based on your facility with UOB.
Export Packing Credit
UOB provides pre-shipment financing to facilitate the purchase of raw materials and the preparation of goods for shipment. An Export LC or Purchase Order should accompany the application of the packing credit. Receipts from the Export proceeds will ultimately be used to pay off the financing.
Open Account Trade Finance
Improve your cash flow with short-term trade financing. Based on valid supporting documents, UOB will provide Open Account Financing for the credit period offered by the seller to the buyer, enhancing your relationship with your buyer.
To borrow or not to borrow? Borrow only if you can repay!
Apply Now
Call/Fax Us
Please call us at (852) 2910 8888 (Monday to Friday, 9am-5pm, excluding public holidays) or fax to us at (852) 2910 8899.
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