Bankers Acceptance is a draft (Bill of Exchange) drawn by the customers to their order, payable on a specific future date and accepted by the Bank for the purpose of financing of underlying trade transactions i.e. export, import or domestic.

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To finance purchase/import and sales / export of goods from / to resident / non resident

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Maximum financing tenor is up to 365 days, which will be determined, based on customer's business requirement. Minimum tenor of financing is 21 days

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Offers attractive/ competitive pricing

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Margin of advance is up to 100% of invoice value rounded downward to the nearest thousand

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Minimum amount of financing is RM 50,000-00 or its equivalent

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Customer must have an arranged BA facility with the bank. Further enquiries can be made at any of our Trade Finance Centres or Business Centre nationwide

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Applicable to finance both sales and purchases on credit terms

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A means of financing for working capital requirements

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Provides short-term funds for the customers

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Provides two-way financing as BA financing is applicable for both sales and purchases

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It is the cheapest means of financing in RM currently available