Bankers Acceptance

For the Importer and Exporter

Bankers Acceptance is a financing instrument to finance your imports and exports. It is a Bill of Exchange drawn on and accepted by RHB Bank to finance purchases on sight and usance terms, and sales on usance terms. Domestic and foreign trade transactions can be financed under Bankers Acceptance. Domestic and foreign trade initiated under Letter of Credit and Documentary Collection can be converted into Bankers Acceptance financing.

Benefits

• Allows access to cheap funding
• Improves cash flow for better cash management
• No commitment fees on unutilized facility