General Features
- The TR is a method of financing whereby the Bank retains the legal title to the goods but relinquishes physical possession to the buyer / importer of the goods who acts as the trustee or bank agent. The buyer / importer will dispose of the goods and repay the Bank (amount owing plus interest) out of the proceeds of the sales on or before maturity of the TR.
- TR is strictly for financing of working capital requirement and must not be used to finance purchase of fixed assets e.g.plant, machinery, etc.
- The minimum period of financing is 7 days and the maximum period must not exceed the approved financing tenure by the bank.
- The minimum financing amount is RM2,500.
Have more flexibility
- Flexibility to settle any time at your own convenience (early settlement) but subject to the maturity date of TR.
- Financing for full invoice amount.
- Interest calculated up to settlement date only.
More details
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Please refer to the Product Disclosure Sheet for details on pricing.
Please refer here for details on trade fees and charges
