Inward Documentary Credit-i (IDC-i)

INWARD DOCUMENTARY CREDIT-i (IDC-i)

The Issuing Bank will instruct the CIMB Islamic Bank to advise the Documentary Credit to the Beneficiary without engagement on the CIMB Islamic Bank part unless the CIMB Islamic Bank has been requested to add confirmation to the Documentary Credit-i. The Inward Documentary Credit-i is extended to the customer based on the Shariah principle of Ujrah (fee) whereby the CIMB Islamic Bank charges the customer commission for its service.

Features & Benefits

Quick Turnaround Time

Authenticity Verified

Type of product / service	Fees & Charges	Cut-off time for transaction to be processed
Advising	RM50 flat (customer) RM100 flat (non-customer) Note=50% refund upon presentation of documents	Monday to Friday: 4:00 p.m.
Confirmation	Subject to arrangement
Transfer & Amendment involving increase in amount and/or extension of expiry date	0.125% per month or part thereof - Minimum RM200
Transfer amendment – others	RM100 flat

Type of product / service

Fees & Charges

Cut-off time for transaction to be processed

Advising

RM50 flat (customer)

RM100 flat (non-customer*)

Note=*50% refund upon presentation of documents

Monday to Friday: 4:00 p.m.

Confirmation

Subject to arrangement

Transfer & Amendment involving increase in amount and/or extension of expiry date

0.125% per month or part thereof -

Minimum RM200

Transfer amendment – others

RM100 flat

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INWARD DOCUMENTARY CREDIT-i (IDC-i)

Features & Benefits

Features & Benefits

Eligibility

Fees and Charges

For More Enquiries

INWARD DOCUMENTARY CREDIT-i (IDC-i)

Features & Benefits

Features & Benefits

Eligibility

Fees and Charges

For More Enquiries

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