CIMB Islamic Bank will ensure that your buyer makes payment or accepts Bills of Exchange, before releasing your documents.
You do not need a banking facility for CIMB Islamic Bank to handle your documents.
OBC-i is less expensive than Documentary Credit-i.
Applicable for sellers dealing in domestic sales and exports
| Type of product / service | Fees & Charges | Cut-off time for transaction to be processed |
|---|---|---|
| Collection Service | 0.1% flat on Collection value - Minimum RM50; Maximum RM100 |
Monday to Friday: 4:00 p.m. same day |
| Collection instructions amendment | RM50 flat | |
Documentary Credit - documents examination fee |
RM50 flat | |
| Commission in lieu of exchange | 0.1% flat on FCY settlement value – Minimum RM50; Maximum RM300 |