OUTWARD BILL COLLECTION

Collect payment efficiently from your buyer's bank through

our Services.

Highlights & Benefits



Collect payment easily and efficiently from your buyer’s bank through our Outward Bill Collection. Our service supports the management and handling of all export documents that are presented to RHB in accordance with terms stipulated in the transaction between parties.



Documents against Acceptance (DA)


Export document is sent to your Buyer's bank. Document is released when your buyer has accepted the bills of exchange/drafts and agree to pay on a fixed future date.

 



Documents against Payment (DP)


Export document is sent to your Buyer's bank. Document is released when your buyer pays.

 



Collect payment easily and efficiently from your buyer’s bank through our Outward Bill Collection. Our service supports the management and handling of all export documents that are presented to RHB in accordance with terms stipulated in the transaction between parties.



Documents against Acceptance (DA)


Export document is sent to your Buyer's bank. Document is released when your buyer has accepted the bills of exchange/drafts and agree to pay on a fixed future date.

 



Documents against Payment (DP)


Export document is sent to your Buyer's bank. Document is released when your buyer pays.

 

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

Important Notice

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

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