Accepted Bills-i (AB-i) – Export/Sales

AB-i (Export/Sales) is a facility granted to the Client (seller) to finance their usance exports or domestic credit sales. The Client sells the goods on credit. The Client sells his debt to the BMMB and obtains immediate proceed. BMMB enters into Bai’ Dayn contract with the Client (seller /exporter). Bai’ Dayn refers to the sale of a debt arising from trade and services transaction in the form of a deferred payment sale. The client sells this debt to the BMMB at a discount.


Competitive rate of financing
Competitive edge in the international market
100% financing of the exports bill
  • The customer sells the goods on credit. While waiting for the export/sale proceeds to be realized
  • The Bank provides financing by purchasing the receivables/debt at a mutually agreed price and the proceeds will be credited to the customer’s account
  • Minimum amount of financing RM50,000; bunching of documents to reach the minimum amount of RM50,000 is allowed for financing
  • Minimum financing period is 21 days
  • For exports financing maximum period is 365 days but should not exceed the credit term given by the seller to the buyer and the facility tenor
  • To finance exports for usance period of more than six months, the approval of the controller of Foreign Exchange must be obtained
  • For local sales the usance period not exceeding the remaining tenor of the credit extended to the buyer and should not exceed 365 days.
Document Required

The documents required for creating AB-i are:

  • AB-i Draft
  • AB-i Bai Al Dayn Contract Note
  • Commercial Documents (Invoice and Transport Documents)
  • Other supporting documents

You might also be interested in

Accepted Bills-i (AB-i) – Import/Purchase
Foreign/Domestic Bill of Exchange Purchase-i (FBEP-i/DBEP-i) – Documentary
Murabahah Working Capital Financing-i (MWCF-i)
Chat with us on
AUSTRALIAN DOLLARAUD3.2220003.0680003.052000
BRUNEI DOLLARBND3.5880003.4300003.419000
CANADIAN DOLLARCAD3.4900003.3650003.348000
SWISS FRANCCHF5.3860005.1520005.134000
EURO EUR5.2560004.9640004.942000
STERLING POUNDGBP6.1770005.9220005.913000
NEW ZEALAND DOLLARNZD3.0580002.8390002.824000
SINGAPORE DOLLARSGD3.5880003.4440003.443000
UNITED STATES DOLLARUSD4.8430004.5910004.574000

2024-06-13 08:48:21