Export Credit Refinancing-i

There are 2 types of facilities available to exporters under the Export Credit Refinancing-i (ECR-i) scheme, namely:

  • Pre-shipment ECR-i
  • Post-shipment ECR-i

Features

Type of facility

  • Trade Bills-i Facility

Financing Amount

  • Minimum of RM10,000 or USD10,000

Notes: Financing can also be offered in other major currencies equivalent to USD10,000

Benefits

  • Competitive pricing and margin of financing
  • The profit charged to the customer is fixed upfront
  • Globally accepted Shariah concept used
  • Low late payment charges
  • No processing fee

Eligibility

  • Sole Proprietor
  • Partnership/ Limited Liability Partnership (LLP)
  • Private Limited Company

Requirements

  • Malaysian-controlled or Malaysian-owned business
  • Business enterprise based on the definition of SMEs
  • Confined to the Halal business/requirement
  • Customer must have good credit record and subject to bank’s credit criteria
 

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How to Apply

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  Contact our Call Centre at +603-8230 2222 or visit the nearest Business Centre nationwide today.

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03-8230 2222

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