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Trade Financing
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A wide range of trade financing solutions tailored to your needs.
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Alliance Bank Malaysia is here to help expand your business. We have a wide range of trade financing and services solutions that can be customised according to your business needs.
Customisable Trade Financing Products and Services
Alliance Bank is here to help expand your business Explore our wide range of trade products and services that best suit your business needs.
BizSmart® Mobile app Manage Business Banking, anytime, anywhere, with BizSmart® Mobile app.
LEARN MORE
FAQs About Alliance Bank’s Trade Finance & Service
Trade Finance, also known as trade financing & services, is a comprehensive solution that includes a wide range of financial products and services used by banks and businesses to facilitate transactions and mitigate any potential risks arising from domestic and international trade. Trade finance plays a crucial role in supporting trade activities and ensuring the smooth flow of goods and services across borders. Broadly, trade finance solutions can be categorised as Trade Financing and Trade Services.
One of the ways trade finance providers assist businesses is through Trade Financing. For instance, Bankers Acceptance, which is a type of trade financing with working capital facility that allows businesses to finance their purchases or sales. This additional facility provides flexibility and allowance for businesses to manage their cash flow and liquidity more effectively.
Additionally, through Trade Service solutions, such as the issuance of Letter of Credit by trade finance providers to help mitigate payment and supply risks, particularly in international trade transactions. A Letter of Credit serves as a form of security for both the buyer and seller. It ensures that the seller will receive payment as stipulated in the terms and conditions, while also guaranteeing the buyer the fulfillment of goods as agreed upon. This trade service adds a layer of protection and builds trust between the parties involved.
Additionally, through Trade Service solutions, such as the issuance of Letter of Credit by trade finance providers to help mitigate payment and supply risks, particularly in international trade transactions. A Letter of Credit serves as a form of security for both the buyer and seller. It ensures that the seller will receive payment as stipulated in the terms and conditions, while also guaranteeing the buyer the fulfillment of goods as agreed upon. This trade service adds a layer of protection and builds trust between the parties involved.
For small and medium-sized enterprises (SMEs), Alliance Bank provides a range of trade finance solutions tailored to their specific business needs. Our trade financing & services are available in both standard and customisable options, ensuring that SMEs can find the right solution to meet their unique requirements. Our dedicated Relationship Manager is available to assist SMEs in understanding and choosing the most suitable trade finance solution. SMEs are welcomed to approach our Relationship Manager for advice and recommendation.
Trade financing & services play a crucial role in helping businesses expand their global operations by addressing the uncertainties and risks associated with international trade. When dealing with international trade, businesses are highly exposed to uncertainties and potential risks, including currency fluctuations, payment and supply risks. Trade finance solutions help customers mitigate these uncertainties without having to worry about the creditworthiness of their international counterpart. This helps build trust and confidence, facilitating smoother trade transactions and minimising the risk of non-payment or default. On the other hand, trade financing provides short-term working capital allowance to bridge the cash flow gap during the import and export of goods. With trade financing solutions, businesses can bridge this gap and ensure the continuity of their global trade operations.
Yes, there is an option for online submission when applying for trade financing & services transactions. Alliance Bank is the first bank in Malaysia to offer a one-stop mobile trade financing platform, BizSmart® eTrade. This platform enables businesses to submit their trade finance applications digitally, eliminating the need for physical paperwork. With just a few taps on BizSmart® Mobile or Alliance BizSmart® Online Banking, businesses can enjoy a paperless experience, fast approval and disbursement of funds, real-time monitoring of trade finance utilisation, and convenient payment and collection management. This digital solution streamlines the trade financing & services process, enhances efficiency, and provides businesses with greater accessibility and control over their trade operations.
Find out more about BizSmart® eTrade here.
Find out more about BizSmart® eTrade here.
Using Alliance Bank Malaysia's online submission for trade financing & services transactional applications offers several benefits. With a wide range of customisable trade finance solutions at attractive pricing, Alliance Bank caters to your business needs. Through our mobile trade financing platform, BizSmart® eTrade, you can conveniently submit and approve trade transactions digitally, anytime and anywhere, with 24-hour fund disbursement upon bank approval. This streamlined process saves time, offers competitive rates, and ensures prompt access to funds, empowering you to focus on growing your business with the support of a trusted trade finance provider.
To apply for a trade financing & services with Alliance Bank Malaysia, you have two options. Firstly, you may visit your nearest Alliance Bank branch to speak to our Relationship Manager who will guide you through the application process. Alternatively, you can click on the 'Find Out More' button above to share your details, and we will promptly call you back to arrange for an appointment.
Our Relationship Manager shall advise you accordingly based on your requirements.
Our Relationship Manager shall advise you accordingly based on your requirements.
You may visit your nearest Alliance Bank branch to speak to our Relationship Manager for guidance and advice. Alternatively, you can click on the 'Find Out More' button above to share your details, and we will promptly call you back to arrange for an appointment.
Our Relationship Manager shall advise you accordingly based on your requirements.
Our Relationship Manager shall advise you accordingly based on your requirements.
You may visit your nearest Alliance Bank branch to speak to our Relationship Manager for guidance and advice. Alternatively, you can click on the 'Find Out More' button above to share your details, and we will promptly call you back to arrange for an appointment.
Our Relationship Manager shall advise you accordingly based on your requirements.
Our Relationship Manager shall advise you accordingly based on your requirements.
You may visit your nearest Alliance Bank branch to speak to our Relationship Manager for guidance and advice. Alternatively, you can click on the 'Find Out More' button above to share your details, and we will promptly call you back to arrange for an appointment.
Our Relationship Manager shall advise you accordingly based on your requirements.
Our Relationship Manager shall advise you accordingly based on your requirements.
Yes, Alliance Bank Malaysia’s trade finance solutions can support your domestic and international trade. Our comprehensive trade finance solutions cater to the needs of businesses engaged in both domestic and international trade activities.
You may visit your nearest Alliance Bank branch to speak to our Relationship Manager for guidance and advice. Alternatively, you can click on the 'Find Out More' button above to share your details, and we will promptly call you back to arrange for an appointment.
Our Relationship Manager shall advise you accordingly based on your requirements.
Our Relationship Manager shall advise you accordingly based on your requirements.
The interest rates for trade financing offered by Alliance Bank Malaysia vary depending on the specific trade financing product chosen by the customer. These rates may be based on factors such as the Base Lending Rate (BLR), Effective Cost of Fund (ECOF), Foreign Currency Rate (FCR) and other applicable considerations.
You may visit your nearest Alliance Bank branch to speak to our Relationship Manager for guidance and advice. You may also contact us at 1300-80-3388 to find out more about Alliance Bank trade finance solutions.
