Partner: ODeX
Seamless and Secure Purchase Invoice Financing
Partner: ODeX
Seamless and Secure Purchase Invoice Financing
SMEs in the ocean shipping industry in India can now enjoy quick and seamless purchase invoice financing from DBS with a fully digitised documentation process on ODeX.
ODeX is an online document exchange and payments facilitation platform for the ocean shipping industry which includes stakeholders such as liners, port terminals, Container Freight Stations, freight forwarders, Customs Housing Agents, importers and exporters. Users of the ODeX platform can now make payments to their beneficiaries, such as ship liners and container freight stations, more easily with a partnership of ODeX and DBS Bank.
ODeX is suitable for freight forwarders and Customs Housing Agents that are:
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looking to simplify and digitise operational workflows
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looking to get timely financing to reduce delay and additional costs
Easy, unsecured credit
With the ODeX Pay Later powered by DBS, obtain an unsecured credit line of up to INR 50 lakhs for transacting (invoices) on ODeX.
Seamless and secured workflow
An easy and secure digital loan application that is transparent and is paperless.
More convenience
Direct and seamless payments to ship liners with a single-click check out.
Customer testimonial
"This is a unique way of introducing a product! Thank you for providing this new form of ID limit. Happy to join hands with DBS and look forward to more (innovation) in the future."
– Glottis