Enquiry
Letter of Credit-i
Letter of Credit-i is a written undertaking by the Bank, given to the Seller at the request and on the instruction of the Buyer/Applicant, to pay at sight or at a determinable future date up to a stated sum of money within a prescribed time limit and against stipulated documents which must comply with the terms and conditions.
Product Disclosure Sheet
Tawarruq Working Capital Financing-i
Tawarruq Working Capital Financing-i is a financing given by the Bank based on invoices and other supporting documents given by the Customer. It is to finance purchases or sales of goods or services.
Product Disclosure Sheet
Inward Bills for Collection-i
Inward Bills for Collection-i is the handling of inward documents received from Seller’s bank or directly from Seller for presentation to Buyer/Importer for payment at sight or acceptance of usance Bills of Exchange for payment at a future date.
Inward Letter of Credit-i
Under Inward Letter of Credit-i, the Bank provides advisory services to the Seller/Beneficiary as an agent to handle their Letter of Credit documents received from their buyers or the Issuing Bank.
Outward Bills for Collection-i
Under Outward Bills for Collection-i, the Bank, upon receipt of instruction from Seller/Exporter, handles the export documents submitted by the exporter for onward presentation through a bank for payment from the Buyer/Importer.
Bank Guarantee-i
Bank Guarantee-i is an undertaking by the Bank to a named Beneficiary and to an agreed sum, in case of default by a third party in fulfilling their obligations under the contract.
Product Disclosure Sheet
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Contact Us
Mailing Address
Level 2, Menara MBSB Bank,
PJ Sentral, Lot 12,
Persiaran Barat, Seksyen 52,
46200 Petaling Jaya
Selangor.
Phone Number
03 2079 1000
Fax Number
03 2079 1177