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Receive payments quickly and improve your cash flow with our export services.
Service | Details |
Export Letter of Credit (LC) Confirmation | UOB will confirm your LC to help minimize uncertainty over the credit rating of your buyer's bank or any in-country risks. |
Export Bill Purchase | Get a cash advance by financing your export bills at full value, before you receive payment from your buyers. The advance will be based on your facility with UOB. |
Bankers' Guarantee | A Banker's Guarantee is an undertaking given by the Bank (guarantor) to pay the Beneficiary a certain sum of money within a specified period if the Beneficiary certifies that the Applicant (principal) failed to fulfill his contractual or other obligations of an underlying transaction. It is normally used to secure either a financial or performance obligation of the principal. |
Service |
Export Letter of Credit (LC) Confirmation |
Export Bill Purchase |
Bankers' Guarantee |
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