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Find out moreFINANCIAL SUPPLY CHAIN MANAGEMENT
SUSTAINABLE TRADE FINANCE
Johor-Singapore SEZ
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Benefits
Take possession of goods faster
Minimise potential damage to perishable goods due to delays in receipt of documents.
Access goods for sales or production
Collect goods to begin sales/production. Payment only upon document presentation.
Avoid demurrage charges
Collect goods upon arrival at port to avoid incurring additional demurrage charges.
Rates & fees
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Services
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Fees
| Services | Fees |
| Issuance Fee (first 3 months) | 0.1% flat with min RM100.00 |
| Late Redemption Fee (after 3 months) | 0.5% p.a. with min RM100.00 |
| Advance Endorsement Fee | 0.1% flat with min RM100.00 |
| Services |
| Issuance Fee (first 3 months) |
| Late Redemption Fee (after 3 months) |
| Advance Endorsement Fee |
Click here for other charges applicable to all trade products.
Shipping Guarantee / Endorsement of Transport Documents
Without Original Bill of Lading
Indemnity by the Bank favouring Shipping Company to release goods in lieu of Original Bill of Lading.
With Air Waybill (AWB)
Bank will endorse the copy of AWB enabling importer to take delivery of goods.
With Bill of Lading
Bank endorses the 1/3 Original Bill of Lading that customer receives to take delivery of goods.
UOB Infinity Trade
Apply for a Shipping Guarantee on our Infinity Trade Platform
Step 1
Log in via UOB Infinity.
Step 2
Select Trade Services.
Step 3
Select Shipping Guarantee, complete the application and press submit
Frequently asked questions
How does a Shipping Guarantee support the buyer's transaction?
In International trade, the underlying goods may arrive at the buyer's country before the complete set of transport documents are received and processed through the banking system.
Under such circumstances, a Shipping Guarantee enables the buyer to take possession of the goods.
Where can I submit my Shipping Guarantee application?
You may submit your application online via UOB Infinity or submit your application at any of our Trade Counters. Click here to find the Trade Counter nearest to you.
Additional information
Product Disclosure Sheet
You may refer to the Product Disclosure Sheet under Trade Services section.
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