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
Less details
- 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
Less details
Please refer to the Product Disclosure Sheet for details on pricing.
Please refer here for details on trade fees and charges
