We will handle documentation and collect funds from you and make payment to your seller
- Imagine you’re a local toy dealer and you’re planning to import 3 containers of soft toys from China. However, you are worried you're not able to safely receive the trade documentations needed to claim the goods at the port and make payment efficiently to your seller
- You can appoint our bank to be your agent in handling your trade documents and payment with the seller
- With this solution, you can have ease of mind and focus on operating your business
- IC-i is based on Shariah contract of Wakalah (agency)
- Documents against Payment (D/P) – Sight (Immediate payment)
- Documents against Acceptance (D/A) – Usance (Credit Term given by seller/ exporter)
- Denominated in Ringgit Malaysia and Foreign Currency