Letter of Credit-i (LC-i)

LC-i is a written undertaking by a bank, given to a seller (the beneficiary) at the request and on the instructions of the buyer (the 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 are in compliance with the terms and conditions of the LC-i. LC-i issuance and amendments are governed by the Uniform Customs and Practice (UCP) for Letter of Credit published by International Chamber of Commerce and Rules for Bank to Bank Reimbursement (URR) as per current publication.


Type of facility

  • Trade Bills-i Facility

Facility Limit

  • Subject to the Bank’s prevailing credit policy and credit approval


  • Peace of mind since the facility is governed by globally-recognized rules issued by the International Chamber of Commerce
  • Commission as low as 0.1% per month
  • Improve cash flow since customer can received immediate fund
  • Customer can choose to convert the LC-i to TR-i / AB-i
  • Globally accepted Shariah concept used
  • Low late payment charges
  • No processing fee


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


  • 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

Click for more information

How to Apply

  Leave us your contact details so that we may reach out to you

Click here

  Contact our Call Centre at +603-5522 3000 or visit the nearest branches nationwide today.

Tariff Charges insert_drive_file
Rates & Charges attach_money
Calculator phonelink_ring