Multi Currency Trade Financing-i (MCTF-i)

MULTI CURRENCY TRADE FINANCING-i (MCTF-i)

This facility is based on the Shariah principle of Tawarruq (buying and selling of a commodity), where we buy and sell you an asset, which you agree to pay for on a deferred basis, and you sell the asset to get cash which you can use to pay us. MCTF-i is a short-term trade working capital financing facility that allows you to finance your sales and purchases of Shariah-compliant goods, inputs and services under a Documentary Credit, Collection or Open Account basis. It is available in both local and foreign currency.

Features & Benefits

Mitigate FOREX Risks

Improved Working Capital

Flexible Currency Options

Type of product / service	Fees & Charges	Cut-off time for transaction to be processed
Handling Commission (for open account only)	0.1% flat on financing value - Minimum RM50; Maximum RM100	- Monday to Friday: 4:00 p.m. - For transactions involving RENTAS payment, the cut-off time is 01:00 p.m.

Type of product / service

Fees & Charges

Cut-off time for transaction to be processed

Handling Commission
(for open account only)

0.1% flat on financing value -

Minimum RM50;
Maximum RM100

- Monday to Friday: 4:00 p.m.
- For transactions involving RENTAS payment, the cut-off time is 01:00 p.m.

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MULTI CURRENCY TRADE FINANCING-i (MCTF-i)

Features & Benefits

Features & Benefits

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MULTI CURRENCY TRADE FINANCING-i (MCTF-i)

Features & Benefits

Features & Benefits

Eligibility

Fees and Charges

For More Enquiries

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