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Digital Banking

Important Notice:

Trade Finance Product Discontinuation of Trust Receipt-i for Foreign Currency (TR-iFCY)

01 September 2021


Dear Valued Customers,

 

Effective 1 April 2022, TR-iFCY will be discontinued as part of the Bank’s initiative to streamline all products and services for better customer experience.

 

In relation to the above, the Bank will send a letter of notification to your latest registered mailing address maintained with the Bank, to advise on the last drawdown date of your TR-iFCY facility and the maximum financing tenure.

 

To continue the support of your foreign currency requirements, you can use the Multi-Currency Trade Financing-i (MCTF-i) should you have it in your existing facility. Customers without an existing Multi-Currency Trade Financing-i (MCTF-i) will be advised to adopt the MCTF-i. Our Relationship Managers will be in contact to provide assistance for your future foreign currency trade financing.

 

For further clarification, please reach out to  our Business Call Centre at 1300-888-068 (Operating hours: Monday to Friday 8am-7pm, Saturday 8am-5pm, Sunday: Closed) or visit any branch.

 

Thank you.

 

Group Transaction Banking