What is SMBC EBG?
What is SMBC EBG?
SMBC is a participating bank of the Electronic Banker’s Guarantee (eBG) Programme offered by Singapore Customs. SMBC will submit your banker’s guarantee (BG) data electronically through Singapore’s Networked Trade Platform to Singapore Customs, facilitating a more efficient lodgement process.
Is SMBC a member of SMFG?
SMBC is a core member of Sumitomo Mitsui Financial Group (SMFG). 1 All data as of June 30, 2021. Translated into USD at period-end exchange rate. Refer to SMFG Investor Relations for more information.
What is SMBC’s networked trade platform?
SMBC is a participating bank of the Networked Trade Platform (“NTP”) managed by Singapore Customs. Through NTP, you can access a range of Value-Added Services including the Trade Finance Application Portal (“TFAP”) to submit your trade applications digitally to SMBC.
What is SMBC’s virtual account service?
SMBC’s virtual account service allows you to manage large volume of receivables through easy identification and reconciliation of payments from your payers. Unique virtual account numbers assigned by you to your payers will be captured and printed in your account statements.
