INVOICE FINANCING (PURCHASE)
Finance your purchases for better cash flow management
Meet your suppliers' payment terms confidently while optimising working capital for your business growth.
Direct payment to suppliers
Skip additional payment steps with direct remittance from OCBC Bank to your suppliers.
Skip additional payment steps with direct remittance from OCBC Bank to your suppliers.
Build stronger supplier relationships
Pay your suppliers on time while freeing up your cash flow.
Pay your suppliers on time while freeing up your cash flow.
Scale up your business
Drawdown according to your business needs at any point in time.
Drawdown according to your business needs at any point in time.
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Make repeated purchase with ease
Cut short the processing time by saving details of recurring purchases with your suppliers using customised templates.
Track invoice financing 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.
Go Digital
Don't have OCBC Velocity?
Apply for OCBC Velocity and manage your trade finance portfolio on-the-go.
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.
or call us at +603 8317 5200.
Monday to Friday 9am to 6pm
(Excluding public holidays)
Banker's Acceptance (Purchase)
Greater assurance to secure your business deal
Foreign Currency Trade Finance (Purchase)
Easily finance your purchases in foreign currencies with a loan from OCBC
Import Letter of Credit
Assures payment when the seller's documents meet the conditions in the Letter of Credit
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