Inward Bill Collection (DA/DP)
Facilitate your trade activities with our documentary collection service.
Save time and take delivery of your goods quickly and efficiently with our Inward Bill Collection services. We act as your agent, handling the processing of documents and payments to your sellers on your behalf. This is a common payment mechanism for buyers which enables you to focus on building your business.
Documents against Acceptance (DA)
For Documents against Acceptance, UOB releases the import documents to the buyer upon his acceptance of the bills of exchange/draft.
Documents against Payment (DP)
For Documents against Payments, UOB releases the import documents to the buyer once he has paid the bill amount.