Services | Cut-off Time For Receive Of Instruction | Currency Notes |
---|---|---|
Import Bills | ||
Letter Of Credit (LC-i)
| By 3.00 p.m on Transaction Day By 12.00 p.m on Transaction Day (for RENTAS payment) By 1.00 p.m on Transaction Day (for Foreign Payment) | Within 8 working hours on Transaction Day upon documents in order |
Islamic Accepted Bills (Purchase) (AB-i)
| By 12.00 p.m on Transaction Day By 3.00 p.m on Transaction Day | Within 8 working hours on Transaction Day upon documents in order |
Bai Al Dayn Working Capital Financing (BWCF-i)
| By 12.00 p.m on Transaction Day By 3.00 p.m on Transaction Day | Within 8 working hours on Transaction Day upon documents in order |
Export Bills | ||
Advicing Of Inward Letter Of Credit (ILC-i)
| By 4.00 p.m on Transaction Day By 4.00p.m on Transaction Day | Within 8 working hours on Transaction Day upon documents in order |
Islamic Accepted Bills (Sales) (AB-i)
| By 12.00 p.m on Transaction Day By 3.00 p.m on Transaction Day | Within 8 working hours on Transaction Day upon documents in order |
Bai Al Dayn Working Capital Financing (BWCF-i)
| By 12.00 p.m on Transaction Day By 3.00 p.m on Transaction Day | Within 8 working hours on Transaction Day upon documents in order |
Export Bills Purchase (FBEP-i / DBEP-i)
| By 12.00 p.m on Transaction Day | Within 8 working hours on Transaction Day upon documents in order |
Bills Collection | ||
Inward Bills Collection (IBC-i)
| By 3.00 p.m on Transaction Day By 12.00 p.m on Transaction Day By 1.00 p.m on Transaction Day | All inward IBCs received by 3 p.m. Within 8 working hr on Transaction Day
Within 8 working hours on Transaction Day upon documents in order |
Outward Bills Collection (OBC-i)
| By 3.00 p.m on Transaction Day By 4.00 p.m on Transaction Day | All outward IBCs received by 3 p.m. Within 8 working hr on Transaction Day
Within 8 working hours on Transaction Day upon documents in order |
Bank Guarantee (BG-i) and Standby Letter Of Credit (SLBC-i) | ||
Issuance / Amendment | By 12.00 p.m on Transaction Day | Within 8 working hours on Transaction Day upon documents in order |
Shipping Guarantee (SG-i) | ||
Issuance | By 4.00 p.m on Transaction Day | Within 8 working hours on Transaction Day upon documents in order |
Bills Settlement | By 4.00 p.m on Transaction Day | Within 8 working hours on Transaction Day upon documents in order |