Smarter way to manage your cash
A cash management tool designed with industry partners and experts, to help companies better manage their cash, increase business certainty and improve their returns
Smarter way to manage your cash
A cash management tool designed with industry partners and experts, to help companies better manage their cash, increase business certainty and improve their returns
Designed to be different. For the industry
Easy
Smart Application. Minimal documents
Enabled by technology, you can sign up today in the next 10 mins with little documents to provide.
Honest
All in single fee
No other hidden fees. A convenience fee when you use the service. Better cashflow management with predictability.
Flexible
Grows with your business
Just add and manage your new or existing contracts whenever you need. Focus on growing your business.
Check eligibility
Find out whether you are eligible in 60 seconds with no commitment
Apply online
When you are ready, sign up at banco, complete your online application with help from the banco team
Submit Invoice
Digitally sign your documents, submit your invoices and funds will be deposited to your account on the same day.*
FAQ
Q: How do I know if I am eligible for InvoicePaid+?
You can check if you are eligible for InvoicePaid+ via our website at https://www.banco.com.sg/invoice-paid/
Otherwise, you may provide your contact details to business@banco.com.sg and our business team would get in touch with you to check your eligibility.
Q: What do I need to provide to sign up for the service?
You just need to provide:
1) Service Contract(s)
2) 12 months' bank statements
3) Photocopy of Identity Card or Passport for both shareholders and directors.
We will also require your CorpPass for the e-KYC process. If you do not have a CorpPass, please visit the CorpPass website to set it up.
Q: How much does it cost to use the InvoicePaid+ service?
We only charge a single convenience fee for the InvoicePaid+ service.
There would not be any other charges e.g. account setup fee, annual fee, disbursement fee.
Q: Do I need to provide physical copies of my invoices or company documents?
The InvoicePaid+ service is completely digital and we accept soft copies of your invoices or company documents.
Adjust the sliders to see how much you can get upfront and the estimated
Convenience fee
*The figures generated by this calculator are intended as a guide only, based on a 60 days payment terms and varies based on the information you provide. This shall not, and is not intended to, constitute a commitment that rates offered to you will necessarily be better than those generated by the calculator, and, in particular, is not a commitment to provide any financing. Rates will be determined according to, among other things, our analysis of your risk profile. Any financing is subject to such terms and conditions, disclaimers and lending criteria as may be set by Invoicepaid+ from time to time.
Calculation
*The figures generated by this calculator are intended as a guide only, based on information that you provide. This shall not, and is not intended to, constitute a commitment that rates offered to you will necessarily be better than those generated by the calculator, and, in particular, is not a commitment to provide any financing. Rates will be determined according to, among other things, our analysis of your risk profile. Any financing is subject to such terms and conditions, disclaimers and lending criteria as may be set by Invoicepaid+ from time to time.