Foreign Bills of Exchange Purchased-i (FBEP-i)

FOREIGN BILLS OF EXCHANGE PURCHASED-i (FBEP-i)

This facility applies the Shariah principle of Tawarruq (buying and selling of a commodity), where we buy and sell you an asset, which you agree to pay for on a deferred basis, and you sell the asset to get cash which you can use to pay us. With FBEP-i, we will finance your sight or usance export documents, with recourse.

Features & Benefits

Maximum Financing Value

Improved Cash Flow

Type of products / services	Fees & Charges	Cut-off time for transaction to be processed
Collection Service	0.1% flat on Collection value RM denominated Collection - Minimum RM50; Maximum RM500 FCY denominated Collection - Minimum RM50; Maximum RM100	Monday to Friday: 4:00 p.m. same day
Documentary Credit – documents examination fee	RM50 flat
Commission in lieu of exchange	0.1% flat on FCY settlement value – Minimum RM50; Maximum RM300

Type of products / services

Fees & Charges

Cut-off time for transaction to be processed

Collection Service

0.1% flat on Collection value
RM denominated Collection - Minimum RM50; Maximum RM500
FCY denominated Collection - Minimum RM50; Maximum RM100

Monday to Friday: 4:00 p.m. same day

Documentary Credit – documents examination fee

RM50 flat

Commission in lieu of exchange

0.1% flat on FCY settlement value – Minimum RM50; Maximum RM300

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FOREIGN BILLS OF EXCHANGE PURCHASED-i (FBEP-i)

Features & Benefits

Features & Benefits

Eligibility

Fees and Charges

For More Enquiries

FOREIGN BILLS OF EXCHANGE PURCHASED-i (FBEP-i)

Features & Benefits

Features & Benefits

Eligibility

Fees and Charges

For More Enquiries

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