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Trust Receipt-i (TR-i)
A facility based on the Shariah concept of Murabahah. This refers to the sale and purchase of an asset where the acquisition cost and the markup are disclosed to the purchaser. Under Murabahah transactions, customer will be appointed as an agent by the Bank to acquire the required asset.
Features
Financing up to 100% of invoice value.
No minimum financing amount and tenure.
Available in Ringgit Malaysia (RM) and selected foreign currencies.
Benefits
Settlement Flexibility
Flexibility in making early or partial payments.
Fixed Profit
Profit rate is fixed and determined upfront.
Utilisation Flexibility
Enjoy the flexibility in utilisation of the facility.
Important Information
• Product Disclosure Sheet
• Application Form
• Fees and Charges
• Trade Finance Cut-Off Time
• Letter of Hypothecation
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