FINANCING

Banker's Acceptance

A Banker's Acceptance (BA) is a bill of exchange, drawn on and accepted by finance institutions on behalf of their clients, for trade financing. The tenor of financing ranges from 21 to 200 days.

Banker's Acceptance is a discounting instrument and interest is paid up front by deducting from the principal amount. Maybank provides both conventional and Islamic Banker's Acceptance.

Short Term Revolving Credit

Short Term Revolving Credit (STRC) is a financial tool for short-term non-trade-related activities. The tenor ranges from 1 to 12 months.

DEPOSITS

Repurchase Agreement

In a Repo or Repurchase Agreement, the bank sells its money market instruments approved by Bank Negara Malaysia to an investor, with an understanding to buy back the instruments at an agreed price (interest rate) on a specific future date.

A Repo offers flexibility because the tenor ranges from 1 day to 1 year and investors can retire the transaction earlier (Reverse Repo), subject to rate adjustment, should they need the funds prior to maturity. Maybank offers both conventional and Islamic Repo.

Negotiable Instrument of Deposit

A Negotiable Instrument of Deposit (NID) is a financial instrument issued by banks for the deposit of a specific sum of money for a fixed period of time at a prefixed interest rate. An NID can be bought or sold before the date of maturity. Maybank's financial strength and standing assures your investment and returns.

Fixed Deposit

A fixed deposit bears interest at an agreed rate based on a specific maturity date. The tenor may vary from 1 to 60 months. The minimum placement is RM5,000 for 1 to 2 months and RM1,000 for 3 months or longer. A fixed deposit earns higher interest than a savings account and offers protection from interest rate fluctuations.

Money Market Deposits (MMD)

This short term deposit product earns interest is a great option for businesses looking to grow their excess cash flow

Foreign Currency Account

Maybank accepts currency deposits for major foreign currencies like USD, EURO and AUD, besides MYR deposits. Our worldwide branch networking and extensive correspondent banking relationships enable us to quote competitive pricing for tenors ranging from 1 day to 1 year.

View deposit rates

Investment Products

Maybank's strong presence in the market enables us to offer investors interest-bearing investment products on outright sale basis, such as Banker's Acceptance (Maybank and other banks), Private Debt Securities (PDS), Malaysia Government Securities (MGS), Cagamas, Treasury and Bank Negara Bills.

Commodity Murabahah Deposit

Commodity Murabahah Deposit refers to an Islamic deposit that is based on the Shariah concept of Murabahah (cost plus). This is an Islamic money money market instrument whereby the profit is determined upfront via a Murabahah trade and payable on the maturity date, together with the initial principal amount.

Features

  • Minimum Investment RM50,000 , USD 5,000 (Individual) , USD 20,000 (company)
  • Deposit tenure 1 day -12 months,
  • Profit Rate is agreed upfront and paid on the maturity date

Click here for Commodity Murabahah Deposit Product Disclosure Sheet

Click here for the Terms & Conditions

 

Next steps

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Next steps

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Got a question? Call our Helpdesk hotline at 03-2074 7998 during office hours
 
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