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BAs are negotiable in a secondary market, which make them a more cost-effective way to finance purchases and/or sales in Ringgit Malaysia.
BAs are an alternative way to finance purchases or importation as well as sales or exportation.
Minimal documentation (e.g. invoices, transport documents) is required when you trade using BAs.
Applicable for both domestic and foreign buyers and sellers
Type of product / service | Fees & Charges | Cut-off time for transaction to be processed |
---|---|---|
Accepted Commission | As per Letter of Offer | - Monday to Friday: 4:00 p.m. - For transactions involving RENTAS payment, the cut-off time is 12:00 p.m. |