Frequently
Asked Questions

  • line-element
    FAQ

It is a financing facility for customers who intend to venture into cross-border businesses.

We offer both Islamic and Conventional financing products for:

  1. Contract Financing
  2. Import Financing
  3. Overseas Investment Financing
  4. Overseas Project Financing
  5. Revolving Credit
  6. Term Financing/Loan

Contract Financing

  • Malaysian suppliers/contractors

Import Financing

  • Malaysian-owned or controlled company incorporated in Malaysia
  • A joint venture between a Malaysia and a foreign company within the Malaysian owning not less than 51% shares of the joint venture company

Overseas Investment Financing

  • Malaysian suppliers/contractors/investors

Overseas Project Financing

  • Malaysian suppliers/contractors/investors

Revolving Credit

  • Malaysian exporters registered under Companies Act 2016
  • Non-Resident Controlled Company

Term Financing/Loan

  • Malaysian exporters registered under Companies Act 2016
  • Non-Resident Controlled Company

You may contact us at +603-2601 2000 to speak to our Relationship Manager for further information.

  1. Ijarah
  2. Istisna’
  3. Murabahah
  4. Tawarruq (Commodity Murabahah)

There will be a processing fee of 1.0%* from the total amount of the financing. *Subject to Terms and Conditions.

It usually takes about 45 days from the day of application (subject to the completion of information and documentation submitted)
  1. Overseas Investment Financing : up to 80% of the investment value
  2. Overseas Project Financing : up to 85% of project value
  3. Contract Financing : up to 85% of contract value

Buyer Financing is a financing facility extended to a foreign principal/importer of Malaysia goods and services, while Overseas Project Financing is offered to Malaysian-controlled companies involved in undertaking overseas projects.

It is a financing facility meant for trade transactions, either domestic or international. In EXIM Bank, we only provide financing for international trade transactions which involves sellers and buyers who trade goods or services as the underlying subject matter.

We offer both Islamic and Conventional financing products for:

  1. Bank Guarantee
  2. Back to Back Letter of Credit
  3. Inward Bills of Collection
  4. Letter of Credit
  5. Letter of Credit Advising
  6. Letter of Collection
  7. Letter of Credit Confirmed
  8. Letter of Credit Transfer
  9. Outward Bills of Collection
  10. Shipping Guarantee
  11. Standby Letter of Credit
  12. Supplier Financing/Credit
  13. Trust Receipt

Supplier Financing-i

  1. Malaysian exporters registered under Companies Act 2016.
  2. Non Resident Control Company

 

Export Credit Refinancing-i

  1. Companies that are incorporated in Malaysia who are directly or indirectly involve in export activity and international trade.

 

IDB Co-Financing

  1. Importers/Buyers from IDB (Islamic Development Bank) Member Countries with minimum three (3) years in business and Malaysian Exporter who exports Malaysian products.

 

Trust Receipt-i

  1. Imported goods of strategic value are eligible.
  2. Local suppliers are not eligible.
  3. Imported goods from a local agent may qualify

 

Vendor Financing Scheme-i

  1. Malaysian manufacturing companies which involve and /or support the export related industry in a selected Vendor Program

 

Letter of Credit-i

  1. Malaysian companies registered under Companies Act 2016.
  2. Non-Resident Foreign Company

 

Foreign Bill of Exchange Purchase-i

  1. Malaysian companies registered under Companies Act 2016.
  2. Non-Resident Foreign Company

You may contact us at +603-2601 2000 to speak to our Relationship Manager for further information.

  1. Ijarah
  2. Istisna’
  3. Murabahah
  4. Tawarruq (Commodity Murabahah)
  5. Wakalah
  6. Kafalah

For detailed fees and charges, you may refer to our Standard Fees and Charges for Islamic and Conventional products. Alternatively, you can call us at +603 2601 2000 to speak to our Relationship Manager for further information.

Letter of Credit is a secured means of ensuring that prompt payment for the export goods in international market.

It usually takes about 20 days from the day of application (subject to the completion of information and documentation submitted)

Yes, we offer both Islamic and Conventional Guarantee facility.

A Bank Guarantee is a guarantee facility provided by EXIM Bank to the creditor/principal on the obligations of the debtor/obligor specified in the contract between the creditor/principal and the debtor/obligator.

The Shariah contract applicable for Bank Guarantee-i is Kafalah.

  1. Tender Guarantee/Bid Bond
  2. Performance/Contract Guarantee
  3. Advance Payment Guarantee
  4. Standby Letter of Credit
  5. Shipping Guarantee/Endorsement of Bill of Lading (BL) or Airway Bill (AWB)
  6. Warranty Bond
  7. Refundment Bond
  8. Custom Bond
  9. Credit Guarantee/Supply Guarantee

For detailed fees and charges, you may refer to our Standard Fees and Charges for Islamic and Conventional products. Alternatively, you can call us at +603 2601 2000 to speak to our Relationship Manager for further information.

You may contact us at +603-2601 2000 to speak to our Relationship Manager for further information.

Credit Takaful/Insurance provides protection against the risk of non-payment by buyers as a result of commercial and/or political risks. Credit Takaful/Insurance is an essential facility for Malaysian exporters to secure payment for their exports and imports either from the buyers or from EXIM Bank by way of Takaful/Insurance claims.

  1. Trade Credit Takaful
  2. Bankers Trade Credit Takaful
  3. Specific Takaful
  4. Overseas Investment Takaful

Trade Credit Takaful

  1. Malaysian incorporated companies registered under Companies Act 2016 inclusive of Banks and other Financial Institutions e.g. factoring companies.
  2. The exporter must indulge in export business. There shall be no minimum volume.
  3. Minimum of 2 years in operation.
  4. No adverse track record in the credit database.
  5. Minimum paid up capital of RM100, 000.
  6. Evidence of export during the previous 12 months

 

Bankers Trade Credit Takaful

  1. Islamic Financial Institutions (IFIs) against risk of non-payment by their exporters arising from default by the overseas buyers.

 

Specific Takaful

  1. Malaysian contractors and manufacturers who undertake contracts for export of capital goods, turnkey projects, construction works, or rendering of services abroad.

 

Overseas Investment Takaful

  1. Companies incorporated in and have their principal business in Malaysia including Financial Institution which finances Overseas Project/Investment.
  1. Malaysian exporters
  2. Malaysian contractors
  3. Malaysian investors
  1. Irrevocable Letter of Credit (ILC)
  2. Documents Against Payment (DP)
  3. Documents Against Acceptance (DA)
  4. Open Account (OA)
  1. Wakalah
  2. Mudarabah
  3. Tabarru’
  1. Afghanistan
  2. Libya
  3. Lebanon
  4. Israel
  5. Syria
  6. Iran
  7. North Korea
  8. Seychelles
  9. Tunisia
  10. Yemen
  11. Egypt
You may contact us at +603-2601 2000 to speak to our Relationship Manager for further information.

Credit Takaful/Insurance can secure the payment for your export or import business. You will be protected against risk of non-payment by the buyers. The benefits are:

  1. Peace of mind as payment is assured
  2. Enable Malaysian exporters to seek new markets
  3. Share of investment profits

For detailed fees and charges, you may refer to our Standard Fees and Charges for Islamic and Conventional products. Alternatively, you can call us at +603 2601 2000 to speak to our Relationship Manager for further information.

  1. For medium/long term credit takaful/insurance: 45 days
  2. For short-term credit takaful/insurance: 15 days

 

*Subject to the completion of information and documentation submitted