Assure your sellers of payment when UOB issues an LC according to stipulated terms
Sight LC
We pay your seller upon presentation of trade documents from their bank
Usance LC
We pay your seller on a fixed future date after receipt and acceptance of trade documents from their bank
Collect your goods on time as UOB helps to process your import documents.
Documents against Payment (DP)
We release the import documents to you upon your payment.
Documents against Acceptance (DA)
We release the import documents to you upon acceptance of the bills where you agree to pay the seller on a fixed future date.
Take possession of your goods when they arrive at the port prior to receipt of the original shipping documents.
Our Shipping Guarantee Endorsement helps you to avoid incurring demurrage charges.
Financing for the import payments according to your trade cycle, so you can better manage cash flow and obtain favourable credit terms from suppliers.
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.
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
Enhance your business proposition and secure your deals with UOB’s backing
Manage the potential foreign exchange and interest rate exposure while conducting international trade. Our full suite of products include FX Deliverable Forwards, Interest and Currency Swaps, and Commodities derivatives
Terms and conditions of UOB Trade Services apply.
