RHB

Benefits

  • Enables buyer to take delivery of goods immediately
  • Eliminates storage, demurrage and handling charges
  • Improves cash flow
    - Allow deferment of payment until presentation of documents by supplier
  • Avoid potential losses - from deteriorating condition of goods

For More Information To Apply

Make An Appointment Call - 63200 625 Email Visit

Benefits

  • Provide comfort and assurance to your business counterparts
    - RHB Bank provides an irrevocable undertaking on your behalf
  • We protect your interest
    - Assistance in vetting and reviewing the content before issuance
    - Allows issuance of 3rd party guarantees

For More Information To Apply

Make An Appointment Call - 6320 0220 Email Visit

Benefits

  • Provide assurance to your suppliers of payment
    - Upon presentation of compliant documents
  • Improve your credibility as a purchaser
  • Allows access to financing options
    - Through our range of import financing products
  • Worldwide issuance of Letter of Credit to suppliers
    - Available in major currencies

For More Information To Apply

Make An Appointment Call - 63200 625 Email Visit

Benefits

  • Improve cash flow
    - To fund working capital requirements
  • Secure better pricing
    - By paying your suppliers early
  • Seize financing opportunities
    - Expand your business, with funds from your exports before payments by your buyer

For More Information To Apply

Make An Appointment Call - 63200 606 Email Visit

Benefits

  • Reduce payment risks
    - For exports at minimal cost
  • Alternative channel of payment
    - To the issuance of Letters of Credit
  • Eliminates the need for credit facilities
  • Simpler and cheaper

For More Information To Apply

Make An Appointment Call - 63200 606 Email Visit

Benefits

  • Competitive advising fees
  • We select the most expedient means to advise you regarding the Letter of Credits

For More Information To Apply

Make An Appointment Call - 63200 606 Email Visit

Benefits

  • Exporters are assured of payment from the confirming bank
    - Upon presentation of compliant documents under the Letter of Credit
  • Allows exporters to trade with unknown bank or high risk countries
  • No recourse to the seller
    - For documents negotiated or discounted under confirmed Letter of Credit

For More Information To Apply

Make An Appointment Call - 63200 606 Email Visit

Benefits

  • Improve cash flow
    - To fund working capital requirements
  • Secure better pricing
    - With your suppliers by paying them early
  • Assurance of payment on the basis of compliance documents
    - Not on the goods or services to which it may relate
  • Added protection without recourse
    - If the Letter of Credit is confirmed by RHB Bank

For More Information To Apply

Make An Appointment Call - 63200 606 Email Visit

Benefits

  • Facilitate financing of underlying trade or related transactions not eligible for financing under conventional instruments
    - Includes: services by transport companies, hotels, ticketing and tour agents, construction companies, cleaning contractors, delivery companies and other service related industries
  • Improves cash flow
  • Access to cheaper financing

* Charges are subject to change. Terms and Conditions apply.

For More Information To Apply

Make An Appointment Call - 63200 606 Email Visit

Benefits

  • Facilitating exporters to obtain payments from the importers
  • Assurance for the importer that necessary documents required for release of goods are in order
    - Prior to acceptance of the bill
  • Simpler and cheaper compared to Letters of Credit
  • Collect goods and payments at maturity
  • Access to financing options

* Charges are subject to change. Terms and Conditions apply.

For More Information To Apply

Make An Appointment Call - 63200 625 Email Visit

Benefits

  • Enables buyers to obtain delivery of goods immediately
  • Eliminates storage, demurrage and handling charges
  • Improves cash flow
    - Allows deferment of payment until presentation of documents by supplier
  • Avoid potential losses
    - From deteriorating condition of goods

* Charges are subject to change. Terms and Conditions apply.

For More Information To Apply

Make An Appointment Call - 63200 625 Email Visit

Benefits

  • Cover financial obligations to your beneficiary in the event of payment default
    - After the beneficiary has secured due performance
  • Proof of non-performance is not required other than a simple written claim.
  • Simple form of security
    - To support open account trading where your supplier can claim on the SBLC in case of non-payment.
  • Possibilities
    - To secure the issuance of guarantees and financial facilities in addition to trade
    - Can be issued to beneficiaries worldwide in major currencies

* Charges are subject to change. Terms and Conditions apply.

For More Information To Apply

Make An Appointment Call - 63200 625 Email Visit

Benefits

  • First beneficiary does not need another Letter of Credit
    - For the purchase of raw materials to manufacture the goods
  • Opens opportunities
    - For middlemen or trading companies to participate in Letter of Credit transactions without trade facilities with the Bank
  • Control transactions better
    - Arrange similar terms in procuring the goods from the second beneficiary to the buyer
  • Can be transferred outside Singapore

* Charges are subject to change. Terms and Conditions apply.

For More Information To Apply

Make An Appointment Call - 63200 606 Email Visit

Benefits

  • Take immediate possession of the goods without having to use your own funds immediately
  • Flexibility in payment
    - Partial repayment and early repayment allowed
  • Allows financing in both SGD and other major foreign currencies
    such as AUD, CAD, EUR, GBP, JPY, USD
  • Improve cash flow and facilitate cash management.

* Charges are subject to change. Terms and Conditions apply.

For More Information To Apply

Make An Appointment Call - 63200 625 Ext.216/222 Email Visit

* Charges are subject to change. Terms and conditions apply. For information on charges, click here.