Back-to-Back Letter of Credit
Secure the goods with your buyer’s Letter of Credit as collateral
Mitigate payment and funds receipt risk
Assures your seller of payment by relying on our credit-worthiness and matching against funds receipt from your buyer’s Letter of Credit.
Assures your seller of payment by relying on our credit-worthiness and matching against funds receipt from your buyer’s Letter of Credit.
Facilitate complex structure
Secure goods from seller based on contract with buyer.
Secure goods from seller based on contract with buyer.
Seamless online experience
Apply and manage your trade finance transactions on desktop or mobile and get real-time status updates.
Apply and manage your trade finance transactions on desktop or mobile and get real-time status updates.
Apply for Back-to-Back Letter of Credit online
Save time with customer templates. Customise transaction templates for regular transactions with your suppliers and buyers.
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.
Fees and charges
Export Letter of Credit bill processing
Take your business to the next level with us
Our trade finance specialists are here to understand your business requirements.
Speak to us today and apply.
Mondays – Fridays, 9am to 6pm (excluding public holidays)
Transferable Letter of Credit
Secure the goods from your seller by transferring your buyer's Letter of Credit
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.