INVOICE FINANCING (SALES)
Unlock your cash flow with advance payment for your sales
Take charge of your sales financing and grow your business with better cash flow management.
FEATURES AND BENEFITS
Greater liquidity
Bridge your cash flow gaps with cash advances from your sales.
Bridge your cash flow gaps with cash advances from your sales.
Improve customer relationships
Offer longer payment terms to key customers without affecting your cash flow.
Offer longer payment terms to key customers without affecting your cash flow.
Quick access to funds
Enjoy faster access to cash, with a shorter turnaround time from request to drawdown.
Enjoy faster access to cash, with a shorter turnaround time from request to drawdown.
INVOICE FINANCING PROCESS
HOW IT WORKS
Step 1
Step 2
Step 3
DIGITALISE YOUR TRADE FINANCE ON OCBC VELOCITY
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.
Save time with customised templates
Have the option to customise transaction templates for regular transactions with your buyers.
Quicker processing without the need for hardcopy documents
Submit your supporting documents online for quicker processing.
View your transaction history instantly
Retrieve an electronic version of your advices anytime, anywhere on OCBC Velocity.
Go Digital
OCBC VELOCITY
Don't have OCBC Velocity?
Apply for OCBC Velocity and manage your trade finance portfolio on-the-go.
BEFORE YOU APPLY
Trade transaction application
Log on to OCBC Velocity to apply or submit your completed application form to our Business Banking Service Desk.
Fees and charges
Trade services cut-off time
Same day processing if your application is submitted by 3pm (for applications that are in order).
For transactions that involve a bank-to-bank transfer, cut-off time is 12pm.
apply for Invoice Financing (Sales)
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Account Receivable Purchase
Improves your cashflow by turning your receivables into cash
Export Letter of Credit
Be assured of payment when your documents meet the terms and conditions in the Letter of Credit
Export Documentary Collection
Intermediary services that facilitate trade settlement between buyer & seller
Best Services (Asian Banks) 2021
Asiamoney Trade Finance Survey
Best in Treasury and Working Capital-SMEs – Malaysia 2021
The Asset Triple A Treasury, Trade, SSC and Risk Management Awards
Best Sustainable Trade Finance Solution in Malaysia 2020
Alpha Southeast Asia Best Deal & Solution Awards