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The AAT is used to advance genuine purchases of raw materials/working capital requirement for production of goods for export that is related to customers’ nature of business. It must not be used to finance the customers’ purchase of Fixed Assets.
The AAT provides financing to Exporters through:
1. AAT Pre-Shipment financing (AAT-Pre), against:
(a) Export Letter of Credit and/Amendment(s) , Or
(b) Purchase Order issued by Overseas Buyer (PO) or Sales Contract, provided post shipment documents MUST BE channeled to the Bank
The minimum drawdown amount is set at RM20,000 or equivalent, and the minimum financing tenure is 7 days up to approved financing tenure by the bank.
2. AAT Post-Shipment (AAT-Post), against:
All documents required under Export LC or in the case of financing against PO/Sales Contract, original Invoice and Transport Documents.
The minimum drawdown amount is set at RM20,000 or equivalent, and the minimum financing tenure is 7 days up to a general maximum of 120 days.
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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
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