Export Services

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

Why Choose UOB

Type of Solutions

Export Letter of Credit Advising
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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 Advising Export Letter of Credit Advising

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 Letter of Credit Discounting/Negotiation Export Letter of Credit Discounting/Negotiation

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.

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.

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 Documentary Collection Export Documentary Collection

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.

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.

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

Download Form

Download Form

Trade Services Forms

Apply Online

Apply Online

For existing Infinity users, you may apply online.

Call/Fax Us

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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