Export Services

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  • Bankers Acceptance (BA)

    A bill of exchange drawn by customers to their order, payable on a specific future date and accepted by the bank for the purpose of financing trade transactions i.e. export, import or domestic

    Key info:

    Minimum amount of financing:
    RM50,000 or equivalent

    Minimum financing period:
    21 days

    Maximum financing period:
    365 days

  • Onshore Foreign Currency Loan (OFCL)

    A facility in foreign currency to finance the import of goods from foreign suppliers and export of goods to foreign buyers

    Key info:

    Minimum financing amount:
    USD$50,000 or equivalent

    Minimum financing period:
    14 days

    Maximum financing period:
    180 days for USD
    1,2,3 or 6 months for other currencies

  • Option Financing Facility (OFF)

    A trade finance package offered to Exporters/Local Suppliers whose exports/local sales are against acceptable Letter of Credit (LC).

  • Export Credit Refinancing (ECR)

    A short-term trade financing scheme granted to direct and indirect exporters

  • Outward Documentary Collection (ODC)

    A bill sent to the buyer's bank (local/overseas) to obtain payment/acceptance from the buyer, deliver documents against payment or deliver documents against acceptance and/or to obtain payment on the maturity date

  • Bills of Exchange Purchased (BEP)

    A facility whereby the bank purchases your outward bills for collection under open account basis and credits your account immediately with the proceeds, which would be used to liquidate the advance

  • Bills of Exchange Purchased / Authority to Purchase (BEP/AP)

    A facility whereby the bank negotiates/purchases your documents upon negotiation of the letter of credit (LC), and credits your account immediately with proceeds if documents submitted comply with the terms and conditions

  • Multi Currency Trade Financing (MCTF)

    A scheme allowing Malaysian SME exporters access to Pre and Post-Shipment working capital trade financing facility from banks without any collateral. The MCTF scheme requires no collateral as financing is based solely on export Letter of Credit (LC).

  • Exim Overseas Guarantee Facility (EOGF)

    A guarantee facility provided specifically to support government strategies in enhancing access to financing for Malaysian contractors on overseas projects/contracts.

    Key info:

    Financial Amount
    Up to RM100 million or its equivalent in Foreign Currency per project/contract

    Repayment Period
    Up to 10 years, inclusive of grace period if any.

    Facility Limit
    Up to 90% of contract value

  • Indirect Exporters' Financing Scheme (IEFS)

    A scheme to support Malaysian exports by providing backward linkages financing facility, post-delivery financing to Indirect Exporters and a cost effective and easily accessible financing without collateral or recourse.

    Key info:

    Percentage of Cover:
    Up to 90% of the bank's loss.

    Percentage of Financing:
    Up to 100% of invoice value.

  • Open Account Loan (OAL)

    A trade financing facility for financing of your purchases/imports/sales/exports under Open account terms

    Key info:

    Minimum financing amount:
    RM30,000

    Margin of advance:
    Up to 100% of buyer’s/supplier’s invoice amount or part thereof

    Maximum financing period:
    Up to 180 days subject to customer’s usual trade cycle

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