Apply for a trade finance service

Last updated: Nov 2024

You can apply online for a banker’s guarantee. 

This feature is currently available on the desktop version of IDEAL. You need to use a desktop or laptop computer for this.

1. Log into DBS IDEAL.  
    
2. Go to the main menu, and select Trade Finance. 
    
3. Go to the menu at the top, and select Issue new Banker’s Guarantee. 
    
4. Select the banker’s guarantee beneficiary from the existing beneficiary list or enter the details of a new beneficiary. 
    
5. Upload the guarantee format document, which contains the clauses and terms of guarantee. 
    
6. Enter the Guarantee details (such as the Guarantee amount, Effective and Expiry date, Contract details). Upload supporting documents, if any. 
    
7. Select delivery method for delivering the banker’s guarantee to the beneficiary or yourself. You can also collect it from a bank branch.  
    
8. Select the account to deduct Bank charges from. 
    
9. Enter Contact person information. We will contact this person for any clarification about this application. 
    
10. Enter a Customer reference to track this transaction. We will add one if the field is left blank. 
     
11. Select Review to review the application details. 
     
12. Select Submit to submit the application for approval. 
     
13. The request will be sent to designated approvers (based on the transaction approval policy set up by your company). 
     
14. All approvers will need to review and approve the request to complete this transaction.
      

You can apply for invoice financing online. 

This feature is currently available on the desktop version of IDEAL. You need to use a desktop or laptop computer for this.  

1. Log into DBS IDEAL.  
    
2. Go to the main menu, and select Trade Finance.
    
3. Go to the menu at the top, and select Apply for trade financing.  
    
4. Select the financing type based on the 3 questions asked:
   • Are you importing or exporting goods/services?
   • Have the goods been shipped/services rendered?
   • What type of financing do you require? 
    
5. Upload the summary listing invoice (SLI) data file* or enter financing details like the finance amount, finance period and financing start date. 
   
   *The summary listing invoice (SLI) requires additional subscription. Contact your RM for more information.  
    
6. Select the account to be debited upon loan maturity. 
    
7. Select Disbursement method and indicate disbursement instruction. 
    
8. Upload supporting documents, if any. 
    
9. Enter Contact person information. We will contact this person for any clarification about this application. 
    
10. Enter a Customer reference to track this transaction. We will add one if the field is left blank. 
     
11. Select Review to review the application details. 
     
12. Select Submit to submit the application for approval. 
     
13. The request will be sent to designated approvers (based on the transaction approval policy set up by your company). 
     
14. All approvers will need to review and approve the request to complete this transaction.
      

You can apply for other trade finance services online.  

This feature is currently available on the desktop version of IDEAL. You need to use a desktop or laptop computer for this.  

1. Log into DBS IDEAL.  
    
2. Go to the main menu, and select Trade Finance. 
    
3. Go to the menu at the top, and select the product you want to apply for. 
    
4. Enter the transaction details and upload supporting documents, if any. 
    
5. Select the account to deduct Bank charges from. 
    
6. Enter Contact person information. We will contact this person for any clarification about this application. 
    
7. Enter a Customer reference to track this transaction. We will add one if the field is left blank. 
    
8. Select Review to review the application details. 
    
9. Select Submit to submit the application for approval. 
    
10. The request will be sent to designated approvers (based on the transaction approval policy set up by your company). 
     
11. All approvers will need to review and approve the request to complete this transaction.