Close
EN
BM

Personal

Business

Financing

Foreign/Domestic Inward Bill for Collection-i (FIBC-i/DIBC-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’. A short term financing whereby the bank purchases the customer’s right to the debt.

Financing

Foreign/Domestic Inward Bill for Collection-i (FIBC-i/DIBC-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’. A short term financing whereby the bank purchases the customer’s right to the debt.

Benefits

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

Features

Documents are sent on collection basis;
Financing for Sight Bill (D / P) and Usance Bill (D / A).
Documents presented that comply with the Documentary Credit terms.

You might also be interested in

Foreign/Domestic Bill of Exchange Purchase-i (Authority to Purchase)
Foreign/Domestic Bill of Exchange Purchase-i (Documentary)
Foreign/Domestic Inward Bill for Collection-i (FIBC-i/DIBC-i)
Chat with us on
WhatsApp
AUSTRALIAN DOLLARAUD2.8690002.7100002.694000
BRUNEI DOLLARBND3.4000003.2010003.190000
CANADIAN DOLLARCAD3.0980002.9850002.968000
SWISS FRANCCHF5.4020005.1640005.146000
EURO EUR5.0990004.8120004.790000
STERLING POUNDGBP5.8570005.5940005.585000
NEW ZEALAND DOLLARNZD2.6340002.4430002.428000
SINGAPORE DOLLARSGD3.4000003.2010003.200000
UNITED STATES DOLLARUSD4.3420004.1050004.088000

2025-09-11 08:43:43