Benefits
Cost reduction
Reduce cost and time when you submit your application online.
Full support
Receive up to 100% of invoice value for domestic and cross-border invoices.
Flexible terms
Credit terms structured in accordance to your working capital requirement.
How does invoice financing work?
Import Finance - Invoice Finance.
- Buyer sends Purchase Order to Supplier for purchase of goods.
- Supplier ships goods and forwards the invoice(s) requesting for payment.
- Buyer submits financing application form, contract/PO, invoices and transport documents to UOB
- UOB makes payment on behalf of Buyer to Supplier
- On financing due date, UOB debits Buyer’s account at UOB for settlement..
Fees
For fees related to Trade Services, remittance fees and other service fees, please contact your nearest UOB China branch or you can call UOB China at 400 886 2821.
Click here to view Wholesale Banking Cash Management and Trade Finance Service Tariff.
UOB Infinity Trade
Apply for Invoice Finance for both imports and exports on UOB Infinity Trade Platform
Step one
Log in via UOB Infinity.
Step two
Select Trade Services.
Frequently asked questions
Where can I submit my Invoice Financing application form?
You may submit your application at any of our Branches. Click here to find the Branch nearest to you.
What are the required supporting documents for invoice financing application?
- Application form
- Contract/PO, invoice and transport document
- An import invoice financing facility granted by the Bank
- Proceeds of the import finance will be paid to the exporter as entrusted payment
