Trade products offered

• Jaguh Serantau (Financing with profit rate subsidy)
• Business Exports Program (BEP)(Developmental Program)

Eligibility Requirements

Jaguh Serantau

1. SMEs including Large Enterprise with 51% or more of the equity held by Bumiputera.
2. Shariah-compliant business.
3. Product or services are having presence regionally or export-ready for regional market.
4. Minimum of two (2) years in operations.
5. Minimum 5% annual revenue growth and profitable for the last two (2) years of operation (except for the financial year ended 2020 and 2021, which are adversely affected by the COVID-19 pandemic period/ Movement Control Order).

BEP

1. Minimum 3 years in business (evidenced by audited accounts)
2. At least 60% Bumiputera owned Sdn Bhd company and management controlled company
3. NOT a subsidiary of Public Listed Company (PLC), Multi-National Company (MNC), Government/ State Linked Company (G/SLC) or company under Menteri Kewangan DiPerbadankan (MKD)
4. Good financial standing
5. Open to all industries and sectors which applicable
   
   

Documents required

Jaguh Serantau

1. Copy of valid business registration.
2. Copy of identity card for all directors/shareholders/partners/owners/ guarantors.
3. Certified secretarial document.
4. Audited accounts or recent management accounts.
5. Bank account statement for the last 6 months.
6. Business plan.
7. Other relevant documents required by the Bank

BEP

1. Copy of valid business registration.
2. Copy of identity card for all directors/shareholders/partners/owners/ guarantors.
3. Certified secretarial document.
4. Audited accounts or recent management accounts.
5. Bank account statement for the last 6 months.
6. Business plan.
7. Other relevant documents required by the BankCompany profile
8. Audited Financial statement (last 3 years)
9. Copy of Form 9 (certificate of Registration)/ Form 13 (Certificate of Incorporation on Change of Name of Company)
10. Copy of latest Corporate Information obtained from Companies Commission Malaysia (CCM)
11. Export Business Plan
12. Export Revenue Statement (last 3 years)

Interest/ profit rate (range)

Jaguh Serantau
As per SME Bank's Risk-based Pricing (BFR+0% p.a. to BFR+2.5% p.a.), with 1.5% p.a. profit rate subsidy by the Government

Fees and charges

Jaguh Serantau
Existing fees and charges which have been approved earlier by Bank Negara Malaysia

Process of approval

Jaguh Serantau
Financing application will be processed and the decision thereon shall be informed within 30 working days from the date of complete information having been received by the Bank

BEP

1. Export Readiness Assessment by SME Bank and/or, MATRADE and KUSKOP
2. Evaluation by secretariat
3. Presented for deliberation in BEP Project Working Committee (PWC) Meeting
4. Presented for approval in BEP Project Steering Committee (PSC) Meeting

Remarks

Jaguh Serantau

• https://www.smebank.com.my/en/financing/products/ijarah-thummal-bai-financing-itbf-I
• https://www.smebank.com.my/en/financing/products/commodity-murabahah-term-financing-i-cmtf-i

Trade products offered

1. Bank Guarantee,
2. Letter of Credit,
3. Shipping Guarantee,
4. Trade Working Capital Financing Purchase
5. Trade Working Capital Financing Sales

Eligibility Requirements

Companies (Sdn Bhd and Berhad status) that are incorporated in Malaysia in line with Bank's mandated role (i.e., any business activity related to food and agriculture and or any other business runs at gazetted land area)

Documents required

Application Documents:

1. Financial Statement,
2. 3 years Audited Account, Company's profile and other documents required by the Bank
   

Disbursement documents

1. TWCF: Invoice, transport documents, Bank's statement (reimbursement) and other supporting documents required by the Bank.
2. LC : Proforma Invoice, Insurance (whenever applicable) and any supporting documents required by the Bank.
3. BG: Sales contract or any other documents required by the Bank

Interest/ profit rate (range)

COF, BFR and Concessionary Fund

Fees and charges

Disbursement charges:

1. LC: 0.1% per month with minimum RM50.00
2. BG: 1.25% per annum with minimum of RM 50.00
3. Stamp Duty RM10.00
4. Rentas: RM5.00 per transaction

Process of approval

Subject to credit assessment process and approval level

Remarks

• https://www.agrobank.com.my/products-services/trade-finance/

Trade products offered

1. Bank Guarantee,
2. Letter of Credit,
3. Shipping Guarantee,
4. Trade Working Capital Financing Purchase
5. Trade Working Capital Financing Sales

Eligibility Requirements

Companies (Sdn Bhd and Berhad status) that are incorporated in Malaysia in line with Bank's mandated role (i.e., any business activity related to food and agriculture and or any other business runs at gazetted land area)

Documents required

Application Documents:

1. Financial Statement,
2. 3 years Audited Account, Company's profile and other documents required by the Bank
   

Disbursement documents

1. TWCF: Invoice, transport documents, Bank's statement (reimbursement) and other supporting documents required by the Bank.
2. LC : Proforma Invoice, Insurance (whenever applicable) and any supporting documents required by the Bank.
3. BG: Sales contract or any other documents required by the Bank

Interest/ profit rate (range)

COF, BFR and Concessionary Fund

Fees and charges

Disbursement charges:

1. LC: 0.1% per month with minimum RM50.00
2. BG: 1.25% per annum with minimum of RM 50.00
3. Stamp Duty RM10.00
4. Rentas: RM5.00 per transaction

Process of approval

Subject to credit assessment process and approval level

Remarks

• https://www.agrobank.com.my/products-services/trade-finance/

Trade products offered

1. Letter of Credit-i
2. Trust Receipt-i
3. Credit Bills Negotiation-i
4. Outward Bills Purchased-i
5. Letter of Credit Advising-i
6. Inward/Outward Bills for Collection-i
7. Invoice Financing-i
8. Accepted Bills-i
9. Foreign Currency Trade Financing-i
10. Bank Guarantee-i
11. Standby Letter of Credit-i
12. Shipping Guarantee-i

Eligibility Requirements

1. Incorporated under Business Act/Companies Act/Limited Liability Partnership Act/respective authorities for Sabah and Sarawak/respective statutory bodies for professional services providers
2. More than 50% of turnover are export business
3. Collateral: Guarantee by Credit Guarantee Corporation/Syarikat Jaminan Pembiayaan Perniagaan Berhad/fixed deposit/property
4. Financing is of Shariah-compliant activities acceptable to AmBank Islamic Berhad
5. Other criteria which AmBank Islamic Berhad may impose from time to time

Documents required

1. Certified true copy of the company’s latest M&A, Annual return, Form 24 and Form 49 or the relevant constitution documents.
2. Certified true copy of the company’s latest 2 years audited financial statements and latest management account;
3. Certified true copy of the directors/ guarantors’ NRIC and Borang BE for the past 2 years;
4. Debtor and Creditor Aging, if any;
5. List of on-going projects and tendered projects with details such as Project Description, Awarder, Amount, Project Duration and Commencement Date, if any;
6. Projected Cash Flow; and
7. CCRIS Consent Letter
8. Any other document which AmBank Islamic Berhad may require on case to case basis

Interest/ profit rate (range)

BFR/COF-i + (1.0% - 2.5%) p.a.

Fees and charges

1. Facility agreement as per Stamp Act 1949
2. Other Fees and Charge as per AmBank Islamic Berhad's Standard Trade Tariff at the link below:-

Process of approval

Ranging from 30 - 45 days from the application day (subject to complete information and documentation submitted).

Remarks

• https://www.ambankgroup.com/eng/islamic/IslamicBanking/ProductsServices/BusinessInstitutional/TradeServices/Documents/AmBITradeTarifTable.pdf

Trade products offered

1. Letter of Credit-i,
2. Trust Receipt-i,
3. Accepted Bills-i,
4. Bank Guarantee-i

Eligibility Requirements

1. Sole-Proprietor / Partnership / Private Limited Company
2. Business in operation for at least 3 years
3. Minimum 2 years relationship with Maybank or minimum 3 years with other Financial Institutions

Documents required

1.Certified photocopies of:

• Memorandum & Article of Association
• Business Registration
• Form D
• Form 9
• Form24 & 49

2.Company and Holding Company profile, Particulars of Directors / Main Shareholders and a photocopy of each Director's NRIC

3.Certified photocopies of the last 3 years of Audited Financial Accounts and latest Management Accounts, and the last 6 months of Bank Statements from other banks.

*Terms and conditions apply. All application is subject to the Bank's credit assessment

Interest/ profit rate (range)

• Trust Receipt-i: BFR + 0% to 2.00% p.a.
• Accepted Bills-i (AB-i): ABi COF + 0.75% to 1.00% p.a.

Fees and charges

1. Stamp duties: as per Stamp Duty Act
2. Trading Fees: RM15 per every RM1.0mil, in respect of Commodity Murabahah transaction
3. Documentation fee: maximum of RM5,000 for in-house financing documentation
4. Other actual cost & expenses e.g. legal fees etc.

Process of approval

20 days from the application day (subject to complete information and documentation submitted).

Remarks

• https://www.maybank.com/iwov-resources/pdf/business/financing/pds_bizplusi_en.pdf

Trade products offered

1. Letter of Credit
2. Bankers Acceptance
3. Invoice Financing,
4. Import Loan
5. Bank Guarantee,
6. Shipping Guarantee

Eligibility Requirements

1. Locally incorporated
2. Minimum 3 years of business operations (For partly secured facilities)
3. At least 51% shareholding are Malaysian owned

Documents required

1. Audited Accounts
2. Latest 6 months bank statements
3. Company Constitution Documents

Interest/ profit rate (range)

COF + % (as low as 1.25%)

Fees and charges

Stamp duties 5% of the facility granted

Process of approval

20 days upon submission (subject to complete information and documentation submitted).

Remarks

• https://www.sc.com/my/business-banking/loans-and-working-capital/working-capital/

Trade products offered

1. Outward Bills for Collection
2. Inward Documentary Credit
3. Without Recourse Export Financing
4. Foreign Bills Purchased/ Discounted
5. Multi-Currency Trade Loan
6. Domestic Bills Purchased/ Discounted
7. Bankers Acceptance
8. Export Credit Refinancing Pre & Post Shipment
9. Accounts Receivable Purchase
10. Bank Guarantee
11. Standby Letter of Credit
12. Quick Guarantee

Remarks

• https://www.cimb.com.my/en/business/solutions-products/trade-finance/export-trades-cimb.html
• https://www.cimb.com.my/en/business/solutions-products/trade-finance/guarantees-cimb.html

Trade products offered

1. Outward Bills for Collection-i
2. Inward Documentary Credit-i
3. Without Recourse Export Financing-i
4. Foreign Bills of Exchange Purchased-i
5. Multi-Currency Trade Financing-i
6. Domestic Bills of Exchange Purchased-i
7. Accepted Bills-i
8. Accounts Receivable Transfer
9. Bank Guarantee-i
10. Standby Letter of Credit-i Quick Guarantee-i

Remarks

• https://www.cimb.com.my/en/business/solutions-products/trade-finance/export-trades-cimb.html
• https://www.cimb.com.my/en/business/solutions-products/trade-finance/guarantees-cimb.html

Trade products offered

1. Bank Guarantees,
2. Supplier Financing,
3. Vendor Financing,
4. Invoice & Export Financing,
5. SBLC Issuance

Eligibility Requirements

Companies that are incorporated in Malaysia who are directly or indirectly involved in export activity and international trade and Non-Resident Companies with Trade facilities requirements onshore.

Documents required

Typically Financial Statement for 3 years and Management Account every 6 months. Summary of invoices and actual invoices depending on facilities required.

Fees and charges

Stamp duties as per LHDN charges, Arrangement Fee for selected facilities.

Process of approval

Average of 60 days from the application day (subject to complete information and documentation submitted).

Remark

Not Available

Trade products offered

1. Trade Time Loan (TTL)
2. Onshore Foreign Currency Loan (OSFCL)
3. Bankers Acceptances
4. Trust Receipt (TR) Loan
5. Bank Guarantees
6. Shipping Guarantees
7. Export Letters of Credit
8. Export Collections

Eligibility Requirements

Companies that are incorporated in Malaysia who are directly or indirectly involved in export activity and international trade. May require additional KYC requirements as provisioned from time to time.

Documents required

Please refer to the respective product disclosure sheets for documentation requirements.

Fees and charges

Please refer to the respective product disclosure sheets for pricing information.

Process of approval

Process of approval varies depending on exporter. KYC needs to be in place. Pls contact Relationship Manager for further guidance or refer to products disclosure sheets.

Remark

• https://www.citigroup.com/citi/about/countries-and-jurisdictions/malaysia.html#Trade-Finance-and-Services

Trade products offered

1. Letter of Credit
2. Import Collection
3. Export Letter of Credit
4. Export Collection
5. Bank Guarantee
6. Supplier Financing
7. Accounts Receivables Purchase / Promissory Notes Financing

Eligibility Requirements

Local and Multinational Corporate Companies in Malaysia.

Documents required

Audited Financial Statement

Company Constitution Documents

*Additional documents may be required subject to the Bank's credit assessment

Fees and charges

Stamp duties as per Stamp Duty Act

Process of approval

30 days from the application day (subject to complete information and documentation submitted).

Remark

• https://country.db.com/malaysia/documents/other-information/Deutsche-Bank-Malaysia-Schedule-of-Charges.pdf

Trade products offered

Bankers Acceptances (BA) / Foreign Currency Trade Financing (FCTF)

Eligibility Requirements

Companies that are incorporated in Malaysia who are directly or indirectly involved in export activity and international trade.

Documents required

Audited Financial Statement

Company Constitution Documents

*Additional documents may be required subject to the Bank's credit assessmentAudited Financial Statements for the last 3 years / Corporate Profile (M&A, Forms 24, 44 and 49 / Details of existing borrowing / Listings of suppliers and etc

Fees and charges

Stamp Duties : As per Stamp Duty Act 1949 (Revised 1989)

Disbursement Fee : Include fees for registration of charge and Power of Attorney (for property with individual or strata title and for property under master title respectively), land search, bankruptcy search and other related charges.

Valuation Fee : Payable on professional valuation done on properties charged to the bank

Process of approval

2 to 3 months

Remark

• https://malaysia.icbc.com.cn/en/column/1438058492123824181.html

Trade products offered

1. Advising of Export L/C

   Facilitating the advising of a Letter of Credit issued in your favour by its correspondent banks (Letter of Credit Issuing Bank), located locally or abroad. The Bank acts as an intermediary i.e. Advising Bank, whose primary role is to authenticate the said Letter of Credit upon receipt from their correspondent bank prior to advising the instrument to you, without any further engagement on its part.
   

2. Export LC Discounting

   Supplier gets paid early based on L/C and acceptance from Issuing Bank
   

3. Outward Export Documentary Collections (DA/DP)

   A transaction whereby the exporter entrusts the collection of payment to the exporter's bank (remitting bank), which sends documents to the importer's bank (collecting bank), along with instructions for payment.
   

4. Negotiation of Export Bills without LC

   Prefinance of financial documents (for example an invoice) under usual reserve which are due in the future. Discounting is with recourse: if the bank is not able to recover the funds at maturity, banks client (beneficiary) will be debited again.
   

5. Bank Guarantee (BG)

   A definite undertaking by the bank (guarantor) to pay the beneficiary a certain sum of money within a specified period if the applicant (principal) fails to fulfill his contractual or other obligations of an underlying transaction.
   

6. Account Receivable Purchase Scheme (APRS)

   whereby MUFG Bank purchase trade receivables at a discount from our customer (the "Seller"), on a non recourse basis in a manner of legal true-sale. The receivables are owed by pre-agreed obligors which are customers of MUFG.
   

7. Onshore Foreign Currency Loan (OFCL) - Trade

   A trade financing facility for financing of exports and domestic sales under Open account terms.
   

8. Bankers Acceptance (BA) - Sales

   A short term working capital facility extended by MUFG Bank (Malaysia) Berhad to a Customer (Seller) facilitating the financing of their sale/ export of goods. BA is a usance

   Bills of Exchange (BA Draft) drawn by the Customer on and accepted by the Bank to finance sale to resident, or export to non-resident supported by documentation evidencing the movement of goods between the two parties

Eligibility Requirements

Companies that are incorporated in Malaysia who are directly or indirectly involved in export activity and international trade.

Documents required

(1) Export LC to be advised to MUFG Bank (M) Bhd through swift add. BOTKMYKX.

(2) and (3) Companies must be a client of MUFG Bank (M) Bhd

(4), (5), (6), (7) and (8) Companies must be a client of MUFG Bank (M) Bhd and Credit facility need to be set up for this.

Fees and charges

(1) Customer: MYR50.00 + courier charges, Non-customer: MYR100.00 + courier charges

(2), (3) and (4) Handling commission for Foreign Currency: 0.1% (min MYR100.00, max MYR200.00) + courier charges + cable charge (MYR30.00 per cable),

Handling Commission for Ringgit: Commission In-Lieu of Exchange - 0.1% (min MYR100.00, max MYR500.00) + courier charges + cable charge (MYR30.00 per cable). Please refer to our Tariff and Charges as at June 2022 at www.bk.mufg.jp/malaysia/productsandservices/productsservices_commercial/index.html

(5) BG commission at 1.2% per annum (min MYR100.00 per BG) + courier charges (if required)

(6), (7) and (8) Please refer to our Tariff and Charges as at June 2022 at https://www.bk.mufg.jp/malaysia/productsandservices/productsservices_commercial/index.html

Process of approval

(1) and (3) N/A

(2) T + 1 basis subject to available limits for issuing bank.

(4) Upon setting up of credit facility, bills can be discounted on T + 1 basis.

(5) Upon setting up of credit facility, BG can issued on T + 1 basis subject to acceptable BG wording.

(6) Upon setting up of credit facility, ARPS can be drawdown on T + 2 basis.

(7) Upon setting up of credit facility, OFCL Trade can be drawdown on T + 2 basis.

(8) Upon setting up of credit facility, BA sales can be drawdown on T + 2 basis.

Remark

(1) and (5) https://www.bk.mufg.jp/malaysia/productsandservices/others/index.html

(2), (3), (4), (6), (7) and (8) Nil

Trade products offered

1. Letter of Credit
2. Inward Bills for Collection
3. Outward Bills for Collection
4. Shipping Guarantee, Endorsement of Airway Bill/Parcel Post Receipt/Bill of Lading
5. Bank Guarantee/Standby Letter of Credit
6. Bankers’ Acceptance
7. Onshore Foreign Currency Loan
8. Invoice Financing, Trust Receipt
9. Foreign / Domestic Bill of Exchange Purchased
10. Foreign / Domestic Bill of Exchange Purchased- Authority to Purchase
11. Advance Against Trade
12. Export Credit Refinancing

Eligibility Requirements

Companies that are incorporated in Malaysia who are directly or indirectly involved in export activity and international trade. The companies must satisfy the bank's credit underwriting policies and complies with the bank's compliance / due diligence procedures

Documents required

As per PDS, for drawdown on the transaction basis, application forms, invoice, transport documents and other satisfactory documentary evidence of the trade transaction

Fees and charges

Stamp Duties : As per Stamp Duty Act 1949 (Revised 1989)

Disbursement Fee : Include fees for registration of charge and Power of Attorney (for property with individual or strata title and for property under master title respectively), land search, bankruptcy search and other related charges.

Valuation Fee : Payable on professional valuation done on properties charged to the bank

Process of approval

2 to 3 months

Remark

• https://malaysia.icbc.com.cn/en/column/1438058492123824181.html

Trade products offered

1. Letter of Credit (LC)
2. Inward Bills Collection (IBC)
3. Shipping Guarantee (SG) / Advance Endorsement (AE)
4. Letter of Credit Advising (LA)
5. Letter of Credit Transfer (LT)
6. Letter of Credit Confirmation
7. Outward Bills Collection (OBC)
8. Bank Guarantee (BG)
9. Standby LC (SBLC
10. Banker's Acceptance (BA)
11. Trust Receipt (TR) / Foreign Currency Trust Receipt (FCTR)
12. Invoice Financing (IF) / Foreign Currency Invoice Financing (FCIF)
13. Packing Credit (PC)
14. Bills of Exchange Purchase (BEP)
15. Credit Bills Purchased (CBP)
16. Export Credit Refinancing (ECR)
17. Factoring
18. Supplier Finance (SF)
19. Account Receivables Purchase (ARP)
20. Dealer/Distributor Finance (DF)

Eligibility Requirements

Companies that are incorporated in Malaysia who are directly or indirectly involved in export activity and international trade

Documents required

1. Company’s profile
2. Registration documents example: SSM; approval from any local authorities such as MITI; MIDA.
3. Bank statement for the past 6 months
4. Annual Report
5. Key suppliers and buyers

Fees and charges

Fees and charges are according to the product features. https://www.uob.com.my/corporate/fees-and-rates/trade-services.page

Process of approval

The process of approving the credit facility is subject to the amount requested and complexity of the case. Generally, the turnaround for approval about a month.Credit cases are process by independent credit approver team

Remark

• https://www.uob.com.my/corporate/transaction/trade-services/export-services.page

Trade products offered

1. Advising of Export L/C

   With a wide network of correspondent banks globally, the Bank can promptly authenticate the inward Letter of Credit received in your favour and advise you in the most expeditious manner
   

2. Bills Negotiation

   Immediate advance to exporters or sellers against presentation of compliant documents against Letter of Credit, without the need of pre-approved trade facilities
   

3. Bills of Exchange Purchased/Discounted (BEP/D)

   Facility whereby the bank purchases your outward bills for collection and credits your account immediately
   

4. Outward Export Documentary Collections (DA/DP)

   Handling of foreign or domestic outward collection documents based on customer’s instructions to obtain payment or acceptance
   

5. Bank Guarantee (BG)

   An undertaking by the Bank to pay an agreed sum to the beneficiary in the event that the Guarantee's applicant fails to perform its obligations
   

6. Bankers Acceptance (BA) - Sales

   A short-term financing for your export or sales of goods to local or international buyer
   

7. Flexi Trade Loan (FTL) - Sales

   A flexible solution which allows you to cover financing for both tangible goods and services under your exports or local sales transactions

Eligibility Requirements

• Malaysian controlled or owned businesses
• Business must be minimum 3 years in operations
• Viable business with proven track record and ability to meet financing obligations
• Key director(s)/management must have minimum 3 years’ experience in the similar line of business
• Confined to the Shariah Compliant business/requirement (For Islamic Facilities)
• Company that is involved directly or indirectly in export activity and international trade

*Terms and conditions apply. All application is subject to the Bank's credit assessment

Documents required

1. 3 years financial Statutory documents of business
2. 6 months bank statements
3. Any other document which the Bank may require on case-to-case basis

*Terms and conditions apply. All application is subject to the Bank's credit assessment

Interest/ Profit Rate (range)

Up to BLR/ BFR + 1.35% p.a.

Up to COF/ iCOF + 2.75% p.a.

Fees and charges

Please refer to the respective Trade product for fees and charges information at https://www.affinalways.com/en/fees-and-charges

Process of approval

30 to 45 days upon submission of Application date (subject to complete information and documentation submitted)

Remark

Please refer to https://www.affinalways.com/en/corporate-trade-finance for detail of Trade products and services