Monday, 27 February 2017, 30 Jamadilawal 1438H Solat Time:
KL Imsak 5:59 | Subuh 6:09 | Syuruk 7:24 | Zohor 1:29 | Asar 4:44 | Maghrib 7:29 | Isyak 8:38

Trade Working Capital Financing-i (TWCF-i)


This is a financing facility under the Murabahah and Bai’ Dayn contracts, to finance domestic or international trade against Letter of Credit-i or Inward Bills for Collection-i or on Open Account Basis. It enables you to settle payment in a convenient manner and facilitates convenient cash flow management. It provides up to 100% financing of the value of the invoice and ensures that the selling price will not be affected by fluctuations in the base financing rate. We provide both purchases financing and sales financing.


TWCF-i (Letter of Credit)

A financing facility to finance domestic or international trade against Letter of Credit-i issued by the Bank.


TWCF-i (Purchase)

A financing facility to finance domestic or international trade against Inward Bills for Collection-i or on Open Account Basis.


Direct Cash Reimbursement Financing (DCR-i)

A financing facility granted to you for any advances made to the supplier. The Bank will reimburse you up to 100% of the invoice value on any advances made. Under DCR-i Facility, documentary proof of payment made to the supplier is required:

  • Copy of Telegraphic Transfer (TT) application form duly validated by the remitting bank; or

  • Copy of cheque payable to the supplier supported with copy of current account statement as evidence that the payment has been made


TWCF-i (Sales)

A financing facility to finance sales/export transaction under domestic or international trade against Outward Bills for Collection-i or on Open Account Basis.


Benefits of using our products:

  • Enables you to settle payment obligation to the seller or get immediate reimbursement on the advances made to the supplier or even get immediate cash for your credit terms sales

  • Facilitates convenient cash flow management of a business by having a fixed rate financing nature

  • As a prudent and reliable basis for the preparation of the business projection since the payment amount will not be affected by fluctuation in the Base Financing Rate

  • Provide up to 100% financing of invoice value

  • To benefit your unexpected incoming fund, prepayment is allowed

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