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MY - EN

Features & Benefits

Faster
Cost-Saving
Improved Cash Flow

Eligibility

Applicable for importers

Fees and Charges

Type of product / service Fees & Charges

Cut-off time for transaction to be processed

Issuance 0.1% flat on Invoice value for 3 months – Minimum RM50 Monday to Friday: 4:00 p.m. same day
Cancellation after 3 months 0.5% per annum on Invoice value, upfront for 3 months and subsequently 3 months thereafter until Shipping Guarantee-i is returned – Minimum RM50

With effect from 1 October 2025, the above fees/ charges will be subject to Service Tax at the rate of 8% or any prevailing rate that may be set by the Malaysian Government from time to time and are to be paid by you unless specifically exempted.

 

Financial services products that relate to subject matter, goods or land situated outside Malaysia or is related to export of goods (exported out of Malaysia), are excluded from Service Tax.

 

For more details, please refer to CIMB website for FAQ on SST (“Sales and Service Tax”). Please note that only Service Tax applies to financial services.

For General Charges, please refer to General Charges@Trade