ACCEPTED BILL-i (PURCHASE) (MURABAHAH)
Finance your purchases and imports with short-term trade financing
Meet your suppliers’ payment terms confidently and promptly while retaining working capital for your business growth.
ACCEPTED BILL-i PROCESS
HOW IT WORKS
Step 1
Submit the application together with the AB-i draft and supporting documents to OCBC Al-Amin.
Step 2
OCBC Al-Amin will finance the payment and pay your supplier directly.
Step 3
Pay the financing on maturity date.
DIGITALISE YOUR TRADE FINANCE 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 via 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.
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)
OTHER PRODUCTS YOU MAY LIKE
Invoice Financing-i (Purchase)
Finance your purchases to improve your cashflow.
Import Letter of Credit-i
Assures payment when the seller’s documents meet the conditions in the Letter of Credit-i.
Trust Receipt-i
Offers financing for your purchases made under the Letter of Credit-i terms.