TRUST RECEIPT-i (MURABAHAH)
Free up your funds for business purposes
Build your business reputation and relationships by paying your suppliers on time.
Collect goods first and pay later
Allows the release of goods against your undertaking to sell the goods and pay OCBC Al-Amin with the sales proceeds.
Allows the release of goods against your undertaking to sell the goods and pay OCBC Al-Amin with the sales proceeds.
Improve working capital
Access financing to meet liquidity needs.
Access financing to meet liquidity needs.
Payment to your suppliers
Free up your cash while paying your suppliers on time.
Free up your cash while paying your suppliers on time.
Step 1
Step 2
Step 3
Convert to Trust Receipt-i online
Convert your Import Bill under Letter of Credit-i into a Trust Receipt-i on OCBC Velocity.
Track transactions in real time
Get an overview of your trade finance portfolio and obtain status updates of your trade finance applications submitted on OCBC Velocity.
Quicker processing without the need for hardcopy documents
Submit your supporting documents online for quicker processing.
View your transaction history instantly
Retrieve an electronic version of your advices anytime, anywhere on OCBC Velocity.
Don’t have OCBC Velocity?
Apply for OCBC Velocity and manage your trade finance portfolio on-the-go.
or call us at +603 8314 9090
Operating hours are from 9am to 6pm,
Monday to Friday (Excluding public holidays)
Import Letter of Credit-i
Assures payment when the seller’s documents meet the conditions in the Letter of Credit-i.
Invoice Financing-i (Purchase)
Finance your purchases to improve your cashflow.
Accepted Bill-i (Purchase)
Greater assurance to secure your business deal.