OCBC Bank Islamic Banking offers a wide range of trade finance facilities which provide great solutions for your business requirements.
BIlls for Collection-i (Wakalah)
Service to our customers for import/export trade settlements
Letter of Credit-i (Murabahah/Wakalah)
An undertaking to pay seller/exporter for the importation of goods.
Trust Receipt-i (Murabahah)
Financing of domestic or international trade documents drawn against Letter of Credit-i.
Bills Exchange Purchased-i
Financing to exporters/sellers who is need immediate funding in exchange for export documents.
Bank Guarantee-i
Guarantee payment to the beneficiary in the event of customer's non-performance of contract with beneficiary.
Shipping Guarantee-i
Service to our customer (importer) to secure delivery of goods immediately before receipt of the shipping documents.
Accepted Bill-i
Financing of domestic or foreign trade transactions as per Bank Negara Malaysia guidelines based on Murabahah (cost plus profit sale) and Bai Al-Dayn (debt trading) contracts.
LC Advising-i
A trade service provided by the bank to check on the authenticity of LC drawn in favour of Exporter and to advice the Exporter whether to accept or to reject the LC.
LC Confirmation-i
A trade service provided by the bank to promise payment to Exporter in the event that there is non-payment from the Importer.
Outward Bill for Collection-i
This service provides exporters with a relatively easy, flexible and costeffective way to manage collections while allowing them to exercise certain
controls over the release of documents.
Export Bill Purchase-i
Short-term trade financing based on the Bai Al-
Dayn (Debt Trading) principle, which allows exporters to receive immediate value
for goods shipped.
