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Features & Benefits

Better Credit Standing
Control
Compliance
Faster Turnaround Time

Eligibility

Applicable for buyers dealing in domestic purchases and imports

Fees and Charges

Type of product / service Fees & Charges  Cut-off time for transaction to be processed
Issuance & 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

(Funds will be credited by the receiving Bank on the next business day - estimation)

Amendment – 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 – RM50 flat.
FCY denominated Documentary Credit – USD50 flat or equivalent.
Endorsement RM50 flat.

For General Charges, please refer to General Charges@Trade