SHIPPING GUARANTEE-i (KAFALAH)
Take the delivery of the goods before receipt of Bill of Lading/Air Waybill
FEATURES AND BENEFITS
Reduce unnecessary storage and demurrage costs
Avoid storage and demurrage charges when goods arrive before the transport documents.
Avoid storage and demurrage charges when goods arrive before the transport documents.
Efficient access to goods to capitalise on business opportunities
Facilitate release of goods by providing Shipping Guarantee-i or an Air Waybill Endorsement-i issued by OCBC Al-Amin.
Facilitate release of goods by providing Shipping Guarantee-i or an Air Waybill Endorsement-i issued by OCBC Al-Amin.
Quick turnaround
Fast application process to reduce delays, giving you quick access to your goods.
Fast application process to reduce delays, giving you quick access to your goods.
HOW IT WORKS
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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 on 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.
OCBC VELOCITY
Don’t have OCBC Velocity?
Apply for OCBC Velocity and manage your trade finance portfolio on-the-go.
Before you apply
Fees and charges
Important notice
Apply for a Shipping Guarantee-i/Air Waybill Endorsement-i today.
and submit it at a Business Banking Service Desk near you.Locate a branch
Export Letter of Credit-i
Assures payment when the seller’s documents meet the conditions in the Letter of Credit-i.
Accepted Bill-i (Purchase)
Greater assurance to secure your business deal.
Invoice Financing-i (Purchase)
Finance your purchases to improve your cashflow.