Letter of Credit-i (LC-i)
It is an undertaking given by MIB on behalf of the buyer to the seller that it guarantees payment to seller if the terms and conditions are complied. Hence, if the buyer defaults the payment, it is the responsibility of the MIB to make the payment.
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Onshore Foreign Currency Financing-i (OFCF-i)
A Short term facility to finance import and purchase of goods denominated in foreign currency, eg US Dollar, Euro, Japanese Yen, Swiss Francs, Sterling Pound, Australian Dollar, Brunei Dollar, Canadian Dollar, New Zealand Dollar, Singapore Dollar, etc.
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Accepted Bills-i (AB-i)
A short term facility whereby a usance bill of exchange is drawn by the seller, accepted by MIB and payable on a specific future date.
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Trust Receipt-i (TR-i)
A Short term facility to finance buyer’s purchase or import of goods against Inward Documentary Collection-i or Letter of Credit-i (LC-i).
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Open Account Financing-i (OAF-i)
It is targeted for new and existing commercial and Small and Medium Enterprise (SME) buyers who are no longer eligible to enjoy Accepted Bills-i facility.

Inward Bills For Collection (IBC-i)
Handling of inward documents received from a seller for presentation to a buyer, either for payment on sight or acceptance of usance Bills of Exchange for payment at a future date.

Shipping Guarantee-i / Endorsement Transport Document-I (SG-I / ETD-i)
An indemnity given by the buyer, countersigned by MIB, to a shipping company or its agent to allow the shipping company to release the merchandise to the consignee name in the Bill of Lading.
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Inward Letter of Credit-i (Inward LC-i)
It is an undertaking given by MIB on behalf of the buyer to the seller that it guarantees payment to seller if the terms and conditions are complied. Hence, if the buyer defaults the payment, it is the responsibility of the MIB to make the payment.

Onshore Foreign Currency Financing-i (OFCF-i)
A short term facility to finance export and sale of goods denominated in foreign currency, e.g US Dollar, Euro, Japanese Yen, Swiss Francs, Sterling Pound, Australian Dollar, Brunei Dollar, Canadian Dollar, New Zealand Dollar, Singapore Dollar, etc.
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Accepted Bills-i (AB-i)
A short term facility whereby a usance bill of exchange is drawn by the seller, accepted by MIB and payable on a specific future date.
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Bills of Exchange Purchase-i (BEP-i)
A credit facility made available to an exporter/ seller under Outward Documentary Collection-i as a means to provide the working capital needed pending receipt of the sales/export proceeds.

Bills of Exchange Purchase Authorised to Purchase-i (BEP AP-i)
A credit facility made available to an exporter/ seller under export Letter of Credit as a means to provide the working capital needed pending receipt of the sales/export proceeds.

Export Credit Refinancing-i ECR-i (Pre-Shipment)
Export Credit Refinancing-i (ECR-i) Pre-shipment a short term financing to direct/indirect exporters to promote export of manufactured products, agriculture products and primary commodities with funding from EXIM Bank.
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Export Credit Refinancing-i ECR-i (Post-Shipment)
ECR-i Post-Shipment is a short term financing granted to direct exporter who exports eligible products with funding from EXIM Bank.
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Outward Bills For Collection-i (OBC-i)
Handling of domestic sales and export documents, which are presented to the Bank by the seller to collect payment from the buyer through the buyer’s bank.

Open Account Financing-i (OAF-i)
OAF-i is targeted for new and existing commercial and Small and Medium Enterprise (SME) sellers who are no longer eligible to enjoy Accepted Bills-i facility.

Bank Guarantee-i (BG-i)
An undertaking by the Bank to pay the beneficiary an agreed sum, if the buyer fails or defaults in fulfillment of his obligations under the terms and conditions of the contract or agreement with the beneficiary.
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Standby Letter of Credit-i (SBLC-i)
An undertaking by the Bank to pay the beneficiary an agreed sum, if the buyer fails or defaults in fulfillment of his obligations under the terms and conditions of the contract or agreement with the beneficiary.

TradeConnex, a fully functional ‘best in class' web based trade financing service available via Maybank2e.net. It is designed to increase the efficiency of trade finance transactions processing whilst delivering a highly efficient system for reporting and tracing the status of the transactions and its documents. Customer can perform and monitor their trade finance transactions online anytime, anywhere.