BANKER'S ACCEPTANCE (PURCHASE)
Finance your purchase and imports with short-term trade financing
Meet your suppliers' payment terms confidently and promptly while retaining working capital for your business growth.
Pay suppliers on time
Free up your cashflow while paying your supplier on time.
Free up your cashflow while paying your supplier on time.
Gain access to working capital and less expensive funding (compared to bank-based borrowing e.g. Base Lending Rate)
Free up your funds for other business purposes.
Free up your funds for other business purposes.
Finance direct payments to suppliers
OCBC Bank will pay your suppliers directly without the need for additional payment steps on your part.
OCBC Bank will pay your suppliers directly without the need for additional payment steps on your part.
Step 1
Step 2
Step 3
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.
Quicker processing without the need for hardcopy documents
Submit your supporting documents online for quicker processing.
View your transaction history instantly
Retrieve an electronic version of your advices anytime, anywhere on OCBC Velocity.
Go Digital
Don't have OCBC Velocity?
Apply for OCBC Velocity and manage your trade finance portfolio on-the-go.
Trade transaction application
Log on to OCBC Velocity to apply or submit your completed application form to our Business Banking Service Desk.
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, cut-off time is 12pm.
or call us at +603 8317 5200.
Monday to Friday 9am to 6pm
(Excluding public holidays)
Invoice Financing (Purchase)
Finance your purchases to improve your cashflow
Import Letter of Credit
Assures payment when the seller's documents meet the conditions in the Letter of Credit
Foreign Currency Trade Finance (Purchase)
Easily finance your purchases in foreign currencies with a loan from OCBC
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