Import Services

  • Ply your trade and reap a golden rewardPly your trade and reap a golden reward

    Ply your trade and reap a golden reward

    Receive a limited edition 999 pure gold bar reward* when you use our trade facility.

     

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    *Terms and conditions apply.

  • Trade finance solutions that support smooth import deliveries  Trade finance solutions that support smooth import deliveries

    Trade finance solutions that support
    smooth import deliveries

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  • Refer a FriendRefer a Friend

    Be rewarded with up to S$250 worth of trade and shopping vouchers.

    Refer a friend

    Terms and conditions apply.

Promotion

Receive a limited edition UOB 999 pure gold bar reward* when you submit new trade bills from 1 July 2021 to 30 September 2021.

Aggregate New Trade Bills Amount

(accumulated across campaign period)
Reward Quantity Applicable to
S$350,000 and above 2g gold bar First 100 customers Existing Trade Customers
5g gold bar First 30 customers New Trade Customers^

 

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^Customers new to UOB Business Banking or with newly implemented trade limits under the eligible trade facilities from 1 June 2021 onwards.

 
  • The 2g gold bar reward is limited to the first 100 existing UOB trade customers, and the 5g gold bar reward is limited to the first 30 new UOB trade customers^
  • Eligible funded trade bills are LC, TR, TR-IF, TR-DA/DP, TR-Pre-shipment, SG, BEP-EIF (against corporate line) and BEP-DA/DP (against corporate line)
  • Only new trade bills submission to UOB during the promotion period are eligible for the promotion reward
  • Each customer is entitled to 1 reward under the promotion
  • The reward is available on a first come first served basis, whilst stocks last
  • Other terms and conditions apply.

Import Services

Import Letter of Credit (LC)

Import Letter of Credit (LC)

Assure your sellers of payment to secure your deals when UOB issues an LC according to stipulated terms.

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Import Documentary Collection (DA/DP)

Import Documentary Collection (DA/DP)

Collect your goods on time as UOB helps to process your import documents.

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Types of LC available:

  • Sight LC
    Issuing Bank (UOB) will pay your seller upon presentation of trade documents from their bank.
  • Usance LC
    Issuing Bank (UOB) will pay your seller on a fixed future date after receipt and acceptance of trade documents from their bank.

 

How it works:

 

 

  • 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.

 

How it works:

 

 

Import Financing

Import Financing

Pay your suppliers on time while freeing up your cash flow, so you can grow your business faster. Learn more about the international trade finance products we offer.

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Shipping Guarantee

Shipping Guarantee

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. 

  • Invoice Financing

Financing for the import payments according to your trade cycle, so you can better manage cash flow and obtain favourable credit terms from suppliers.

  • Trust Receipt

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.

Why choose UOB

Extend your connections through UOB Group’s extensive network

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

In-country advisory expertise

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

Leverage UOB's strong credit rating

Enhance your business proposition and secure your deals with UOB’s backing

Multiple-product that address various risk elements

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

Forms And Fees

Apply Now

Apply online

Visit a UOB Branch

Terms and conditions of UOB Trade Services apply.

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