Wednesday, 18 January 2017, 19 Rabiulakhir 1438H Solat Time:
KL Imsak 5:55 | Subuh 6:05 | Syuruk 7:24 | Zohor 1:26 | Asar 4:49 | Maghrib 7:23 | Isyak 8:37

Trade Working Capital Financing/ ABi (Purchase)


Subject Charges Rate / Amount
1. As per transaction
Direct Invoice Financing
Commission
0.1% flat on the bill amount + 6% GST with:
Min : RM53.00
Max : RM106.00 (Foreign
currency)
Max : RM530.00 (Local
currency)
Note:
For AB-i: RM106.00 flat for financing amount less than RM500,000.00. If more than RM500,000.00, no commission imposed.
Bunching Invoices
Commission
RM53.00 flat for submission of 5 and more invoices per transaction
Local
Postage
Actual direct cost incurred + 6% GST
Courier
Actual direct cost incurred + 6% GST
SWIFT
Malaysia (Local): RM26.50
Outside (Foreign): RM53.00
RENTAS
RM2.12 per RENTAS application
Interbank Giro
RM0.11 per IBG application
Banker’s Cheque
Stamp Duty RM0.15
Processing Fee RM0.53
2. Contract note BB 39 (B)
Stamp duty
RM10.00
3. Letter of Indemnity (for summary invoices)
Stamp duty
RM10.00
4. Bills drawn under LC
Handling fee
RM53.00 flat
5. Overdue Bills
Ta’widh
As per Ta’widh formula:
 = FV x r x t
       36500
Where,
FV = outstanding overdue amount (outstanding amount = cost + profit overdue)
r = IIMM rate
t = no of days due from the original maturity date

 

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