Trade Working Capital Financing-i (TWCF-i)

This is a financing facility under the Murabahah and Bai’ Dayn contracts, to finance domestic or international trade against Letter of Credit-i or Inward Bills for Collection-i or on Open Account Basis. It enables you to settle payment in a convenient manner and facilitates convenient cash flow management. It provides up to 100% financing of the value of the invoice and ensures that the selling price will not be affected by fluctuations in the base financing rate. We provide both purchases financing and sales financing.


TWCF-i (Letter of Credit)

A financing facility to finance domestic or international trade against Letter of Credit-i issued by the Bank.


TWCF-i (Purchase)

A financing facility to finance domestic or international trade against Inward Bills for Collection-i or on Open Account Basis.


TWCF-i (Sales)

A financing facility to finance sales/export transaction under domestic or international trade against Outward Bills for Collection-i or on Open Account Basis.


Benefits & Features

Benefits of using our products:

  • Enables you to settle payment obligation to the seller or get immediate reimbursement on the advances made to the supplier or even get immediate cash for your credit terms sales
  • Facilitates convenient cash flow management of a business by having a fixed rate financing nature
  • As a prudent and reliable basis for the preparation of the business projection since the payment amount will not be affected by fluctuation in the Base Financing Rate
  • Provide up to 100% financing of invoice value
  • To benefit your unexpected incoming fund, prepayment is allowed

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 Trade Working Capital Financing-i.


Product Disclosure Sheet

Click here to download the PDS for TWCF-i (Purchase)

Click here to download the PDS for TWCF-i (Purchase) – Malay Version

Click here to download the PDS for TWCF-i (Sales)

Click here to download the PDS for TWCF-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 TWCF-i (Sales) (Form BB 48)