Foreign/Domestic Bill of Exchange Purchase-i (FBEP-i/DBEP-i) – Documentary

FBEP-i/DBEP-i (Documentary) is a facility granted by the BMMB to their Client (seller) whereby the BMMB negotiates or purchases Client’s foreign or domestic bills on collection basis under contract of ‘Bai’ Dayn’. A short term financing whereby the bank purchases the Client’s right to the debt.

Benefits

• Immediate fund
• Improve company’s cash flow pending payment from buyer
• Financing for full amount of the bill