Outward Bills for Collection-i (OBC-i)

Features & Benefits

Secure Payment

Simplicity

Cost-Saving

CIMB Islamic Bank will ensure that your buyer makes payment or accepts Bills of Exchange, before releasing your documents.

Applicable for sellers dealing in domestic sales and exports

Type of product / service	Fees & Charges	Cut-off time for transaction to be processed
Collection Service	0.1% flat on Collection value - Minimum RM50; Maximum RM100	Monday to Friday: 4:00 p.m. same day
Collection instructions amendment	RM50 flat
Documentary Credit - documents examination fee	RM50 flat
Commission in lieu of exchange	0.1% flat on FCY settlement value – Minimum RM50; Maximum RM300

For General Charges, please refer to General Charges@Trade

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