IMPORT DOCUMENTARY COLLECTION-i (WAKALAH)
Intermediary services that facilitate trade settlement between buyer and seller
Protect your interests
Rely on OCBC Al-Amin as a trusted intermediary to handle your documents.
Rely on OCBC Al-Amin as a trusted intermediary to handle your documents.
Address your risk concerns
Ensures goods have been shipped before making payment.
Ensures goods have been shipped before making payment.
Request for financing
Convert your import documentary collection into trust receipt for your working capital needs.
Convert your import documentary collection into trust receipt for your working capital needs.
Step 1
Pre-shipment
Step 2
Post-shipment
Step 3
Post-shipment
Step 4
Post-shipment
Step 5
Post-shipment
Submit instructions online
Provide payment or acceptance instructions digitally, at your convenience.
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.
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.
Don’t have OCBC Velocity?
Apply for OCBC Velocity and manage your trade finance portfolio on-the-go.
Fees and charges
Pay or accept the Import Documentary Collection-i with OCBC Velocity today.
or call us at +603 8314 9090
Shipping Guarantee-i/Air Waybill Endorsement-i
Take the delivery of the goods before receipt of the Bill of Lading/Air Waybill.
Import Letter of Credit-i
Assures payment when the seller’s documents meet the conditions in the Letter of Credit-i.
Invoice Financing-i (Purchase)
Finance your purchases to improve your cashflow.