ACCEPTED BILL-i (SALES) (BAI’ AL-DAYN)

Give your business a boost by financing your sales and exports

Why you will love this

Payable at a predetermined future date to OCBC Al-Amin

Improves cash flow

Easy application

Based on the Shariah principle of Bai’ Al-Dayn (sale of debt or also known as debt trading)

FEATURES AND BENEFITS
icon_receivables

Turn your sales receivables into cash

Finance your sales receivables to enjoy short term financing.

Finance your sales receivables to enjoy short term financing.

icon_funding_rates

Gain access to working capital and competitive funding rates

Free up your funds for other business purposes.

Free up your funds for other business purposes.

ACCEPTED BILL-i PROCESS
altTitle
altTitle
altTitle
HOW IT WORKS

Step 1

Submit the application together with the AB-i draft and supporting documents to OCBC Al-Amin.

Step 2

OCBC Al-Amin will discount your sales invoice.

Step 3

Pay the financing on maturity date.
DIGITALISE YOUR TRADE FINANCE ON OCBC VELOCITY
OCBC VELOCITY

Don’t have OCBC Velocity?

Apply for OCBC Velocity and manage your trade finance portfolio on-the-go.

Before you apply

Trade transaction application

Log on to OCBC Velocity to apply or submit your completed application form to our Business Banking Service Desk.

Trade application forms (EN)

Trade application forms (BM)

Fees and charges


Trade services cut-off time

Same day processing if your application is submitted by 3pm (for applications that are in order).

For transactions that involve a bank-to-bank transfer, the cut-off time is 12pm.

  Trade services cut-off time

or call us at +603 8314 9090


 Operating hours are from 9am to 6pm,
 Monday to Friday (Excluding public holidays)

OTHER PRODUCTS YOU MAY LIKE
OUR AWARDS AND ACCOLADES