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Bills Negotiation (FBN/DBN)
A short-term advance offered by the Bank against your sales or export compliant documents presented under Letter of Credit (LC) issued by banks acceptable to us.
Features
Available in Ringgit Malaysia (RM) and other major foreign currencies (as per LC).
Financing without recourse for LC confirmed by us.
No additional facility or security required.
Benefits
Ready Access Credit
Ready access to credit facility without requirement for additional securities.
Competitive Pricing
Immediate advance at a competitive pricing.
Competitive Advantage
Free up your credit lines while increasing sales capacity from added liquidity.
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Facility whereby the bank purchases your outward bills for collection and credits your account immediately.
A short term financing solution to finance your sales or export of goods to local or international buyers.
A flexible solution for financing of goods and services under your exports or local sales trade transactions.
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