Flexible Trade Accommodation Bill

For the Importer and Exporter

Flexible Trade Accommodation Bill (Flexitab) is offered to facilitate financing related to your nature of business, which is not eligible for financing under conventional instruments such as Bankers Acceptance and Trust Receipt. As a trading company, manufacturer or service provider, RHB Bank provides a solution for your diversified trade financing needs with Flexitab. Flexitab can be drawn to fund sales and purchases of goods and services, as well as other expenses related to taking delivery of goods and services such as insurance premiums, transportation charges and import duties. Services and expenses related to taking delivery of goods are currently not eligible for financing under Bankers Acceptance and Trust Receipt. Foreign and domestic trade transactions originated from Letter of Credit, Documentary Collection and Open Account can be converted into Flexitab.

Benefits

• Improves cash flow as you are able to finance expenses related to trade which are not financed by some banks
• Allows the services industry to gain access to trade financing instruments. Examples include transport companies, hotels, ticketing and tour agents, construction companies, and courier companies