Accepted Bills-i (AB-i)
AB-i is a money market priced driven instrument which can be drawn to finance domestic purchases or imports and domestic sales or exports. The AB-i may be sold in the secondary market, thus enabling the Bank to provide attractive financing rate.
AB-i (Purchase)
It is a financing facility granted to you to finance your purchase of tradable goods that include raw material, semi-finished and finished goods. Payment to suppliers will be made immediately by the Bank. It is created for both sight and usance bills. In the latter instance, AB-i financing enables extension of credit to you.
AB-i (Sales)
It is a financing facility granted to finance your sales or export of goods on credit terms that include raw materials, semi-finished and finished goods. It is a short term financing facility whereby the Bank purchases the debt which is securitised in the form of Accepted Bills.
Benefits & Features
Benefits of using our products:
- Eligible financing provided at attractive financing rate
- No need for rounding down to nearest thousand as we provide up to 100% financing of invoice value
- Improves your cash flow
- There is no acceptance commission while financing profits are paid at the tail end (i.e. payable upon maturity of the AB-i)
Cut-off time
Application received by 12:30pm* will be processed on the same day.
* Subject to all terms and conditions complied with
Fees & Charges
Click here for view Accepted Bills-i (AB-i).Product Disclosure Sheet (PDS)
Click here to download PDS for Accepted Bills [AB-i] (Purchase)
Click here to download PDS for Accepted Bills [AB-i] (Purchase) – Malay Version
Click here to download PDS for Accepted Bills [AB-i] (Sales)
Click here to download PDS for Accepted Bills [AB-i] (Sales) – Malay Version
Forms
Click here to download the Application Form for Trade Financing-i
Click here to download the Utilization Notice
Click here to download the Contract Note – Export/Sales for AB-i (Sales) (Form BB 48)