INVOICE FINANCING-i (SALES) (TAWARRUQ)

Unlock your cash flow with advance payment for your sales

Why you will love this

Finance your sales on an open account basis

Free up your funds for other business purposes

Grow your business with better cash flow management

Based on the Shariah principle of Tawarruq

Apply now

Take charge of your sales financing and grow your business with better cash flow management.

FEATURES AND BENEFITS
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Greater liquidity

Bridge your cash flow gaps with cash advances from your sales.

Bridge your cash flow gaps with cash advances from your sales.

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Improve customer relationships

Offer longer payment terms to key customers without affecting your cash flow.

Offer longer payment terms to key customers without affecting your cash flow.

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Quick access to funds

Enjoy faster access to cash, with a shorter turnaround time from request to disbursement.

Enjoy faster access to cash, with a shorter turnaround time from request to disbursement.

INVOICE FINANCING-i PROCESS
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HOW IT WORKS

Step 1

Submit the application along with your invoice(s) and other supporting documents.

Step 2

We provide financing for you to receive advance payment for your sales.

Step 3

You will pay your financing on maturity date.
DIGITALISE YOUR TRADE FINANCE ON OCBC VELOCITY
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Track transactions in real time

Get an overview of your trade finance portfolio and obtain status updates of your trade finance applications submitted via OCBC Velocity.

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Save time with customised templates

Have the option to customise transaction templates for regular transactions with your buyers.

Quicker processing without the need for hardcopy documents

Submit your supporting documents online for quicker processing.

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View your transaction history instantly

Retrieve an electronic version of your advices anytime, anywhere on OCBC Velocity.

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OCBC VELOCITY

Don’t have OCBC Velocity?

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

Learn more
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

View latest 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

Accepted Bill-i (Sales)

Improves your cash flow by turning your receivables into cash.

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Export Letter of Credit-i

Assures payment when the seller’s documents meet the conditions in the Letter of Credit-i.

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Export Documentary Collection-i

Intermediary services that facilitate trade settlement between buyer & seller.

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OUR AWARDS AND ACCOLADES

Best Services (Asian Banks) 2021

Asiamoney Trade Finance Survey.

Best in Treasury and Working Capital-SMEs – Malaysia

The Asset Triple A Treasury, Trade, SSC and Risk Management Awards.

Best Sustainable Trade Finance Solution in Malaysia 2020

Alpha Southeast Asia Best Deal & Solution Awards.

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