HomeTrade & FSCMIslamicTrust Receipt-i
Trust Receipt-i

Trust Receipt-i

Get a head start in financing your imported goods

 

Overview

 

 

Trust Receipt-i or Foreign Currency Trust Receipt-i is a short-term import financing that provides a Buyer/Importer with financing to settle goods imported under Letter of Credit-i. The title of goods will be held by the bank.

 

Financing may be in Ringgit Malaysia. Alternatively, the Buyer/Importer can apply for financing in the currency of that particular import documents in order to have a natural hedge for foreign payments.

 

Based on Shariah principle of Tawarruq (Commodity Murabahah).

  

 

 

Benefits

Improve Cash Flow

Improve Cash Flow

Allows buyer/importer to settle goods imported before payment, easing financial pressure and boosting liquidity

Fast Business Operations

Fast Business Operations

Secure halal raw materials, stocks and inventories to smoothen ongoing trade conversion cycle.

Secure Payment

Secure Payment

Secure immediate payment made to supplier for buyer’s imported goods purchased under Letter of Credit-i

UOB Infinity Trade

Apply for Trust Receipt-i on UOB Infinity Trade Platform in 3 simple steps:
Step 1

Step 1

Log in via UOB Infinity.

Step 2

Step 2

Select Trade Services.

Step 3

Step 3

Select Financing Request, complete the application and click submit.

Ready to apply?

Ready to apply?

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Have questions?

Have questions?

Speak with us

Speak with us

Visit your nearest branch

Visit your nearest branch