HomeTrade & FSCMImport/BuyerImport Bills for Collection
Import Bills for Collection

Import Bills for Collection

The bank ensures transport documents are released only upon payment or buyer acceptance.

Overview

The bank will notify the arrival of shipping documents including the payment condition to importer. There are 2 payment conditions.
• Document against Payment (D/P): document will be released to importer upon payment.
• Document against Acceptance (D/A): document will be released to importer upon acceptance.

Benefits

Improve liquidity

Improve liquidity

Enhance buyer or importer’s liquidity.

Multi-currency support

Multi-currency support

Be able to request T/R in either Thai Baht
or foreign currency.

At a glance

  • Features
  • Descriptions
Features Descriptions
Key features • UOB can deliver the original shipping documents to release goods immediately as soon as buyer or importer submit the completed T/R documents under L/C or B/C payment method. • Convenient and secure online service via BIB Plus
Features
Key features

Ready to apply?

Ready to apply?

Leave us your details and we will get in touch with you as soon as possible. Alternatively,
you may call Corporate Care Centre.

Additional information

Quick product overview
chevron

Download the product fact sheet for Import Bills for Collection.

Terms and Conditions

To ensure security and reliability in transactions, the bank operates under the following conditions:
chevron

1. Document Delivery

The bank will release shipping documents to the importer only when the specified conditions are met, in two formats:

  • Document against Payment (D/P): The importer must make full payment before receiving the documents.
  • Document against Acceptance (D/A): The importer must provide an acceptance to pay on the due date stated in the bill of exchange.

2. Eligibility

  • Applicants must be a registered business entity with a business account and an approved trade finance credit line from the bank.
  • Required documents must be prepared as specified by the bank, such as collection instructions and shipping documents.

3. Notification and Processing

  • The bank will promptly notify the importer upon the arrival of documents, along with payment terms.
  • All processes will comply with the bank’s regulations and international trade rules.

4. Additional Requirements

  • Services involving credit facilities must be pre-approved.
  • Fees and other conditions are subject to the bank’s published schedule.

You may also like

Shipping Guarantee

Shipping Guarantee

Issuing shipping guarantee to release the goods before receiving transport documents.

Outward Remittance

Outward Remittance

Transferring money abroad for payment of goods and services or other purposes to recipients worldwide.

Trade Finance for Buyer

Trade Finance for Buyer

Short-term credit for domestic and international buyers covering all payment methods.

We are here to help

Have questions?

Have questions?

Speak with us

Speak with us

Visit your nearest branch

Visit your nearest branch