- Day to Day
- Ways to Bank
- COE Bidding
COE Bidding
Submit and revise COE bids with LTA via IDEAL
- Day to Day
- Ways to Bank
- COE Bidding
COE Bidding
Submit and revise COE bids with LTA via IDEAL
Save time and stress bidding for Certificate of Entitlements (COEs) with DBS IDEAL Open COE (OCOE) service.
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Online
Submit COE bidding electronically to the Land Transport Authority (LTA)
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Easy
Monitor your status and revise any bids if necessary
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Single login
Make bids with a single login through DBS IDEAL, our online banking platform
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Use IDEAL OCOE
Submit, monitor, and revise your bids using Singapore’s most widely used bidding channel for local motor traders.
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Wide range of services
Access COE bidding and DBS FX Online with a single login through DBS IDEAL
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At your convenience
Prepare your COE bids early with the DBS Offline Bidding Editor and Online features
![users](/documents/276102/283011/017.png/d6a55219-5eea-7844-9b43-20a3a867185d?t=1562734364580)
Submit and revise bids easily
Using our Single Reserve Price feature, submit and revise your bids in just a few clicks
Subscription package | Pricing |
---|---|
Software and license fee One-time for new subscribers Includes training for 2 users. | S$865 Up to two PC installations |
Subscription fee Minimum subscription period is 1 year. Payable every quarterly in advance. | S$225 Per quarter per license |
COE Bidding administration fee | S$10 per COE bid submission. S$10 per every subsequent revision. |
Arrange for a Relationship Manager to call you.
Call us at 1800 222 2200 or +65 6222 2200 (from overseas).
What is the bid deposit under the Open Bidding System? | |
The bid deposit is set by LTA and currently stands at:
This deposit will be deducted from your Business Account every time you make a new submission. |
Will I know what bids have been submitted by others? | |
No, bids submitted by other motor traders will not be available. However, you will be able to see the lowest successful bid price accepted by LTA. |
How do I know the status of my submitted bids? | |
Once your bid has been successfully submitted via IDEAL OCOE, you can track its status through the "Bid Enquiry & Revision" menu. |
Is it easy to revise the bid amount? | |
Yes, simply select the unsuccessful bid under “Bid Enquiry & Revision” and enter your new amount. |
That's great to hear. Anything you'd like to add?
We're sorry to hear that. How can we do better?