A | B | C – E | F | G – I | K – L | M | N – P | Q – S | T | V – Y

K

Kafalah

A guarantee or surety given by one party who agrees to discharge the liability of a third party, in case of default

Kawanku Phone Banking

A telephone banking service that lets subscribers make payments to Payee Corporations as well as conduct various other banking transactions via public phones and touch-tone phones

Kijang Emas Gold Bullion Coins

Malaysia's very own gold bullion coins that offer a stable store of value with potential for capital appreciation over time. This gold coin is tradable at the market

L

Letter of Credit (LC)

A written undertaking by the Bank made at the request of a customer, i.e. buyer/importer, to honour a draft or other demands for payment upon compliance with the specific condition(s). The Bank will pay on the condition that documents giving the title of the goods and evidencing shipment are present, and all other specific terms and conditions of the LC are fully complied with