BANKER'S GUARANTEE / STANDBY LETTER OF CREDIT
Provides payment assurance to grow your business with your important partners
Guarantee performance or financial payment
Provide assurance to your beneficiary, reducing the need for high security deposits.
Provide assurance to your beneficiary, reducing the need for high security deposits.
Smoothen your transaction terms
Ensure payment to your beneficiary.
Ensure payment to your beneficiary.
Seamless online experience
Apply and manage your trade finance transactions on desktop or mobile and get real-time status updates.
Apply and manage your trade finance transactions on desktop or mobile and get real-time status updates.
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Apply for Banker's Guarantee / Standby Letter of Credit online
Save time with customer templates. Customise transaction templates for regular transactions with your suppliers and buyers.
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 5pm (for applications that are in order).
or call us at +603 8317 5200.
Monday to Friday 9am to 6pm
(Excluding public holidays)
Banker's Acceptance (Purchase)
Greater assurance to secure your business deal
Foreign Currency Trade Finance (Purchase)
Easily finance your purchases in foreign currencies with a loan from OCBC
Import Letter of Credit
Assures payment when the seller's documents meet the conditions in the Letter of Credit
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
For OCBC customers
If you have trade credit facility with OCBC, please log in to OCBC Velocity to apply for a Banker's Guarantee / Standby Letter of Credit.
For new customers
If you do not have trade credit facility with OCBC, please download and complete the application forms and submit the completed forms at a Business Banking Service Desk near you or the following address:
OCBC Bank (Malaysia) Berhad
Central Services Department
2nd Floor
Menara OCBC
18, Jalan Tun Perak 50050 Kuala Lumpur