Close
Financing

Foreign/Domestic Outward Bill for Collection-i (FOBC-i/DOBC-i)

Facility granted to the seller to finance their trade debt, which arises from sale contract of goods (halal), presented under Documentary Credit under the principle of ‘Bai Al-Dayn’.

Benefits

Customers get immediate fund;
Improve company’s cash flow pending payment from buyer;
Financing for full amount of the bill.

Features

Sale contracts of goods drawn under documentary credit;
Financing for Sight Bill and Usance Bill;
Documents presented that comply with the Documentary Credit terms.

You might also be interested in

Foreign/Domestic Inward Bill for Collection-i (FIBC-i/DIBC-i)
Foreign/Domestic Bill of Exchange Purchase-i (Authority to Purchase)
Bai’ Al Dayn Working Financing-i (BWCF)
Foreign/Domestic Bill of Exchange Purchase-i (Documentary)
Chat with us on
WhatsApp
AUSTRALIAN DOLLARAUD3.2040003.0530003.037000
BRUNEI DOLLARBND3.5950003.4400003.429000
CANADIAN DOLLARCAD3.5140003.3930003.376000
SWISS FRANCCHF5.3410005.1150005.097000
EURO EUR5.2610004.9750004.953000
STERLING POUNDGBP6.0750005.8300005.821000
NEW ZEALAND DOLLARNZD2.9890002.7780002.763000
SINGAPORE DOLLARSGD3.5950003.4540003.453000
UNITED STATES DOLLARUSD4.8790004.6310004.614000

2024-05-09 09:03:09