Guarantees@CIMB

Bank Guarantee-i (BG-i)

Type of products / services	Fees & Charges	Cut-off time for transaction to be processed
Issuance and Amendment	0.6% up to max 2% per annum - Minimum RM100* (*Min RM200 for BG-i favouring Immigration)	Monday to Friday: 4:00 p.m. same day
Replacement of lost Bank Guarantee-i	RM100 flat
Bank Guarantee-i Claims	RM100 flat

Type of products / services

Fees & Charges

Cut-off time for transaction to be processed

Issuance and Amendment

0.6% up to max 2% per annum -

Minimum RM100*

(*Min RM200 for BG-i favouring Immigration)

Monday to Friday: 4:00 p.m. same day

Replacement of lost Bank Guarantee-i

RM100 flat

Bank Guarantee-i Claims

RM100 flat

Note:

For general charges, please refer to General Charges@Trade.

Quick Guarantee-i (QG-i)

Type of products / services	Fees & Charges	Cut-off time for transaction to be processed
Issuance & Amendment	1.8% per annum (including claim period) or minimum RM150	Monday to Friday: 12:00 p.m. (*For same day issuance, you need to submit your application by 12:00 p.m. for collection by 4:00 p.m. Issuance is subject to you completing the application and getting the stamping of bank guarantee by yourself. It takes up to 3 working days for you to receive the stamped bank guarantee if you request the Bank to stamp the bank guarantee.)

Type of products / services

Fees & Charges

Cut-off time for transaction to be processed

Issuance & Amendment

1.8% per annum (including claim period) or minimum RM150

Monday to Friday: 12:00 p.m.

(*For same day issuance, you need to submit your application by 12:00 p.m. for collection by 4:00 p.m. Issuance is subject to you completing the application and getting the stamping of bank guarantee by yourself. It takes up to 3 working days for you to receive the stamped bank guarantee if you request the Bank to stamp the bank guarantee.)

Note:

For general charges, please refer to General Charges@Trade.

Standby Letter of Credit-i (SBLC-i)

Type of products / services	Fees & Charges	Cut-off time for transaction to be processed
Issuance and Amendment involving increase in amount and/or extension of expiry date	0.1% per month or part thereof - Minimum RM100	Monday to Friday: 4:00 p.m. same day It is estimated that funds will be credited by the receiving Bank on the next business day.
Amendments - Others	RM50 flat
Acceptance	0.1% per month or part thereof - Minimum RM100
Cancellation prior to expiry date	RM100 flat
Document discrepancy fee	RM denominated Documentary Credit-i - RM50 flat ; FCY denominated Documentary Credit-i - USD50 flat

Note:

For general charges, please refer to General Charges@Trade.

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.

CIMB Islamic Bank Berhad reserves the right to vary the fees and charges stated above with prior notice or as agreed with the customer in the Letter of Offer.