Trust Receipt
Free up your funds for business purposes
Collect goods first and pay later
Allows the release of goods against buyer’s undertaking to sell the goods and pay OCBC with the sales proceeds.
Allows the release of goods against buyer’s undertaking to sell the goods and pay OCBC with the sales proceeds.
Improve working capital
Access additional financing to improve liquidity needs.
Access additional financing to improve liquidity needs.
Payment to your suppliers
Free up your cash while paying your suppliers in a timely manner.
Free up your cash while paying your suppliers in a timely manner.
Convert to Trust Receipt online
Convert your import bill under Letter of Credit and import documentary collection into Trust Receipt on Velocity.
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.
Quicker processing without hard copy
Submit your supporting documents online for quicker processing.
View your history instantly
Retrieve an electronic version of your advices anytime, anywhere on OCBC Velocity.
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.
Apply for a Trust Receipt on OCBC Velocity today
Need help? Call us at +65 6318 7777. Mondays – Fridays, 9am to 6pm (excluding public holidays)
Import Documentary Collection
Intermediary services that facilitate
trade settlement between
buyer & seller
Import Letter of Credit
Assures payment when the seller’s documents meet the conditions in the Letter of Credit
Digital Business Banking
Take your business forward with OCBC Velocity. Maximise our powerful features and advanced tools to grow your business more effectively in this modern economy.