Letter of Credit (L/C)

Bank Bumiputera helps customers who need to import raw materials or investment goods from overseas, by issuing a guarantee of payment on the customer import transaction to the overseas seller.

UPAS   ( Usance Payable at Sight ) LC :

A type of Import  Lines  under  Usance LC facility for importer ( the  customer ),  meanwhile  the beneficiary of  the  LC   can get  the  payment of  the LC at  sight basis. This type of facility is also available for US Dollar Domestic LC (SKBDN)

Pre  Export  Financing ( Export  Credit Facility ) :
A type of  working capital loan for  exporter  to obtain  raw material  and to  process   the  goods  before  shipment  and  then  export proceeds  after shipment is used to repay the loan

Export  Bills Discounted
Post  shipment  financing  facility for  exporter  under  Usance LC  after  getting  bills acceptance  from the  LC’s  Issuing Bank

Bank  Guarantee
A range type of guarantee    such as  bid  or tender  bond, advance payment bond, performance bond, maintenance  bond and payment  bond  

Stand by Letter of  Credit  ( SBLC )
A special  type of  Letter of  Credit   which is common use for  unconditional   guarantee  instrument  

Warehouse  Financing
A type of working capital  facility  for   purchase  certain  commodities  based  on warehouse receipt   issued  by collateral management company 

Import  Tax  Payment Service
Paying Tax and import declarations service for importer to obtain custom clearance in port or airport

For more information, please find at the nearest Bank Bumiputera Branch.