Import Services

  • import-servicesimport-services

    Enhance sourcing capabilities with comprehensive import solutions

Overview

Our comprehensive suite of import solutions supports your procurement of goods and services from around the world by providing liquidity, risk mitigation and working capital. This way, you can expand to new markets and grow your business confidently.

Why choose UOB

world-hand

Extend your connections through UOB Group’s extensive network

Show moreShow less
group

In-country advisory expertise

Show moreShow less

Enjoy direct links with worldwide trading parties through the UOB Group's extensive network of regional offices and worldwide correspondent relationships

 

Gain direct access to advisory expertise on trade solutions, local market knowledge and regulations

 

features

Leverage UOB's strong credit rating

Show moreShow less

Multiple-product suite that addresses various risk elements

Show moreShow less

Enhance the acceptability of your business proposition and secure your deal by applying for a Letter of Credit from UOB

 

Manage your potential foreign exchange and interest rate exposure that you may face while conducting international trade by bundling our range of trade solutions with Global Markets-related products such as FX Deliverable Forward, Interest and Currency Swaps, and Commodities derivatives

 

monitor-transaction

Manage trade transactions more efficiently

Show moreShow less

Take advantage of our electronic channels to help you manage your trade transactions more effectively

  • UOB Business Internet Banking Plus (BIBPlus) - Allows seamless electronic submission of applications and timely update of transaction records. Find out more

  • UOB eAlerts - Receive trade alerts on the status of your import transactions. Find out more

Type of solutions

import-services

Import Letter of Credit

Show moreShow less
payments-2

Trust Receipt

Show moreShow less
money-statement

Invoice Financing

Show moreShow less

 

Enhance the acceptability of your business proposition and secure your deal by applying for a Letter of Credit (LC) which leverages UOB’s strong credit rating. Manage your payments more efficiently with the assurance that the goods will be shipped before payment is made.

 

Unlock your liquidity with short-term financing which allows you to settle your import payments and take possession of goods on trust for resale before paying the bank at maturity.

Obtain favourable credit terms and manage your cash flow better with Invoice Financing against supporting trade documents (eg. commercial invoices, transport documents etc.).

portfolio

Import Documentary Collection

Show moreShow less
vehicle

Shipping Guarantee

Show moreShow less

 

Take possession of the title of your goods with Documentary Collection as soon as you provide acceptance/payment upon receipt of the commercial documents from the seller.

 

With UOB’s Shipping Guarantee, you can take possession of your goods prior to receipt of original shipping and transport documents. This helps to avoid unnecessary demurrage costs due to delays in the arrival of import documents.

Apply Now

Download Form

Trade Services Forms

Download

Apply Online

For existing BIBPlus users, you may apply online.

Apply now

Call Us

Call us at 1800 226 6121

(Mondays to Fridays, 9.00am to 6.30pm, excluding public holidays)

Email us