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MY - EN

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

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.)

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.

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.

Need More Information?

Call Us At

Local: 1300 888 828
Overseas: +603 2297 3000

Monday to Friday (8am-7pm), Saturday from 8am to 5pm (not inclusive of public holiday)