| Business : Growing
Business > Trade
Financing - Export |
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You see the world
as your marketplace and you plan to expand your sales beyond
the local market. Maybank's range of short-term financing
instruments for exporters will provide you with the necessary
safeguards for your interests, while honouring your obligations.
Export
LC Bills
With this facility, you can receive payment immediately
after shipment of goods, upon presentation of your compliant
documents. Maybank can also help you to:
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- Purchase/discount/negotiate
the bill subject to final payment
- Purchase/discount/negotiate
the bill subject to final payment (without advance) and
to credit your account only upon receipt of funds from
the reimbursing/paying bank
- Present to issuing
bank for payment
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| We will process the
export LC bill according to your instructions, so you
benefit from: |
- No need for credit
line - if you are only negotiating bills
- Improved cashflow
as your bills are converted into cash almost immediately
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Trade
Bills Purchased/Discounting
This facility is designed especially for goods exported and/or
imported from Singapore for bill amounts equal to or above
S$500,000. Maybank can arrange financing for your foreign
bills, which can be either sight or usance bills under LC
or Collection, to give you: |
- Accelerated cashflow
- Reduced cost
compared to other financing instruments
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LC
Advising/Confirmation
Social and political changes can increase your export risk,
but Maybank can minimise it for you. If you are expecting
LCs from your buyers, we provide a fast, efficient and reliable
service to help you check their authenticity and confirm your
LCs, so you can enjoy: |
- Double assurance
of payment, by issuing bank and confirming bank
- Minimised country/bank
credit risk
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Outward
(Export) Collection Bills
This is another major means of payment in international trade.
You can ship the goods, prepare the documents and send them
to the bank for collection. Maybank can either purchase your
invoices if you need fast payment, or pay you when we receive
the funds from your buyer. Payment terms can either be Documents
released against Acceptance (DA) or Documents released against
Payment (DP), providing you with: |
- Uncomplicated
and inexpensive transactions
- Security in the
knowledge that documents/title documents will not be released
to the buyer until payment or acceptance has been effected
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| With export financing
made simple and friendly, your company can grow steadily and
safely because Maybank is always here for you. |