Import Documentary Collection
Intermediary services that facilitate trade settlement between buyer & seller
![](/iwov-resources/sg/ocbc/business/img/smes/trades/import-documentary-collection/icon-protect_umbrella-grey.png)
Protect your interest
Rely on OCBC as a trusted intermediary to handle your documents.
Rely on OCBC as a trusted intermediary to handle your documents.
![](/iwov-resources/sg/ocbc/business/img/smes/trades/import-documentary-collection/icon-address_concern-grey.png)
Address your risk concerns
Ensure goods have been shipped before making payment.
Ensure goods have been shipped before making payment.
![](/iwov-resources/sg/ocbc/business/img/smes/trades/import-documentary-collection/icon-request_finance-grey.png)
Request for financing
Convert your import documentary collection into trust receipt for your working capital needs.
Convert your import documentary collection into trust receipt for your working capital needs.
![](/iwov-resources/sg/ocbc/business/img/smes/trades/submit-instructions.jpg)
![](/iwov-resources/sg/ocbc/business/img/smes/trades/track-transactions.jpg)
![](/iwov-resources/sg/ocbc/business/img/smes/trades/faster-processing-submit-docs-online.jpg)
![](/iwov-resources/sg/ocbc/business/img/smes/trades/view-history.jpg)
![](/iwov-resources/sg/ocbc/business/img/smes/trades/submit-instructions.jpg)
Submit instructions online
Provide payment or acceptance instructions digitally, at your convenience.
![](/iwov-resources/sg/ocbc/business/img/smes/trades/track-transactions.jpg)
Track transactions in real time
Get an overview of your trade finance portfolio and obtain status updates of your trade finance applications submitted via OCBC Velocity.
![](/iwov-resources/sg/ocbc/business/img/smes/trades/faster-processing-submit-docs-online.jpg)
Quicker processing without hard copy
Submit your supporting documents online for quicker processing.
![](/iwov-resources/sg/ocbc/business/img/smes/trades/view-history.jpg)
View your history instantly
Retrieve an electronic version of your advices anytime, anywhere on OCBC Velocity.
![Don’t have OCBC Velocity?](/iwov-resources/sg/ocbc/business/img/digital-business-banking/banner-digital-business-banking.jpg)
Don’t have OCBC Velocity?
Apply for OCBC Velocity to perform your first trade finance transaction and manage your trade finance portfolio on-the-go.
Fees and charges
Documentary collection
commission
0.125% of the bill amount.
Minimum fee of S$75 applies.
Presentation fee
No charge for first presentation.
S$25 for each subsequent presentation.
Documents released
free of payment
S$75 plus expenses
Protest fee
S$100 plus expenses
Holding fee
(for unaccepted / unpaid bill)
S$30 per month
Commission-in-lieu-of-exchange
0.125% of the bill amount.
Minimum fee of S$75 applies.
Pay or accept the Import Documentary Collection on OCBC Velocity today
Visit a Trade Service Centre to collect your trade documents from OCBC
Need help? Call us at +65 6318 7777. Mondays – Fridays, 9am to 6pm (excluding public holidays)
Shipping Guarantee / Air Waybill
Take the delivery of the goods before receipt of the Bill of Lading / Air Waybill
Trust Receipt
Free up your funds for business purposes
Invoice Financing (Purchase)
Finance your purchases for better cash flow management