Trade Services

Accepted Bills-i

A Bill of Exchange drawn to finance domestic & foreign trade

Bank Guarantee-i

An irrevocable obligation in the form of written undertaking of a Bank to pay an agreed sum

Over The Counter Bank Guarantee-i

Issued at customer's request to guarantee customer's obligation to their beneficiary

Letter of Credit-i

A written promise on behalf of a buyer

Inward Bills for Collection-i

The bank handles non-LC documents for the buyer

Shipping Guarantee-i

Shipping Guarantee-i is an indemnity document issued by the bank

Trust Receipt-i

To finance purchase of goods under domestic or international trade documents

Export Credit Refinancing-i

To promote exports of products utilizing local resources

Outward Bills for Collection-i

Bills received from customers to be submitted to the bank to obtain acceptance and payment

Outward Bills Purchased-i

Bills received from customers to be submitted to the bank to obtain acceptance and payment

Credit Bills Negotiation-i

Allows seller to obtain financing and receive immediate funds in exchange for sales document

Foreign Currency Trade Financing-i

A short term advance facility in foreign currency.

Invoice Financing-i

Supports RM and FCY trade transactions for goods/services under various payment terms

Factoring-i

Involves selling receivables to AmBank Islamic for immediate cash or outsourcing collection

Standby Letter of Credit-i

Guarantees payment to a beneficiary upon default by the applicant