ACCOUNT RECEIVABLE PURCHASE

Keep your cash flowing smoothly with Account Receivable Purchase

Why you will love this

An alternative source of working capital

Structured as a sale of receivables to the bank

Improves your cashflow by turning your receivables into cash

Improve your cash flow by turning your receivables into cash.

Features and benefits

Quick access to funds

Obtain payment before your invoice due date, so you can use it for other business purposes.

Obtain payment before your invoice due date, so you can use it for other business purposes.

Improve relationships and sales

Allows you to offer competitive credit terms to capture more sales from key buyers.

Allows you to offer competitive credit terms to capture more sales from key buyers.

Reduce payment risks

Protect your business against buyer default risks.

Protect your business against buyer default risks.

HOW IT WORKS

Step 1

Goods are delivered to buyer after a sale is agreed.

Step 2

The invoice is issued to buyer.

Step 3

You sell the receivable to OCBC Bank.

Step 4

OCBC Bank advances payment to you on the receivable it purchases.

Step 5

The buyer makes payment into a designated account with OCBC Bank on the invoice due date.
BEFORE YOU APPLY

Trade transaction form

Submit your completed application form to our Business Banking Service Desk.

  Trade application forms (EN)

  Trade application forms (BM)

Fees and charges

Fees and charges would depend on various factors such as transaction amount, tenor, currency and so forth.

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).

  Trade services cut-off time

or call us at +603 8317 5200.

Monday to Friday 9am to 6pm
(Excluding public holidays)

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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 2021

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