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When you've got big plans for your business, you want a bank you can rely on.
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SUSTAINABLE TRADE FINANCE
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Benefits
Faster turnaround time
Capitalise on your trade opportunity
No trade facility required
Issuance of Bank Guarantee in exchange for cash
Leverage UOB's network and credit rating
Enhance your business proposition and secure deals with confidence.
Avoid delays in BG issuance
Enjoy streamlined processing.
Available in major currencies
Issuable in most major currencies
Rates & fees
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Services
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Amount / Rate
| Services | Amount / Rate |
| Issuance fee | 1.25% p.a. with min RM100.00 |
| Amendment Fee involving increased amount and/or extended validity | 1.25% p.a. with min RM100.00 |
| Other Amendment fee | RM100.00 |
| Reissuance fee | RM100.00 |
| Services |
| Issuance fee |
| Amendment Fee involving increased amount and/or extended validity |
| Other Amendment fee |
| Reissuance fee |
Click here for other charges applicable to all trade products.
Frequently asked questions
What is UOB X-Press Guarantee and how does it work?
Customers can apply for UOB X-Press Guarantee on an adhoc basis against 100% cash margin without the need for BG facilities. Customers must have a UOB current account.
Common types of Banker’s Guarantees are:
- Bid Bond
- Performance Bond
- Warranty Bond
- Advance Payment Guarantee
- Financial Guarantee
Who is eligible to apply for an UOB X-Press Guarantee?
Available to companies incorporated in Malaysia and Individuals who are existing current account or savings account holder of UOBM.
Is there a minimum or maximum BG amount and tenor?
Both are subject to the Bank’s approval.
What is the expected turnaround time?
3-hour* fast delivery
*Note: Completed application form must be submitted before 2.00 p.m.
Can the BGs be issued to both local and overseas beneficiaries?
Yes, subject to arrangement and the Bank’s approval. Additional charges for BG issuance to overseas beneficiaries, if any, may be applicable.
Do customers require BG facilities to apply for an issuance of BG under X-Press Guarantee?
No. The BG will be issued against 100% cash margin, debited from your account with UOBM.
Additional information
Product Disclosure Sheet
You may refer to the Product Disclosure Sheet under Trade Services section.
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