A Banker's Acceptance is a negotiable time Bill of Exchange drawn on and accepted by a bank that is payable at a pre-determined future date to the holder in due course of the Bill of Exchange. The Malaysian Ringgit Banker's Acceptance is a short term financing instrument introduced by Bank Negara Malaysia to help business entities in Malaysia to obtain financing for sales/exports or purchases/imports of goods.
It is governed by Bank Negara Malaysia's Guidelines on Banker's Acceptances.
| 
