Export Bills Puchased/Discounted (EP)


An arrangement where the bank purchases or discounts the trade bills under collection. To finance seller’s local sales / export bill before payment is received from buyer.

  • Payment terms – sight or usance bills up to 180 days
  • Denominated in RM or major foreign currencies
  • No minimum amount of financing
  • Margin of financing is up to 100% (at bank’s discretion)
  • Bank handles and monitors the collection of proceeds
  • Obtain advance or financing before actual payment or acceptance from buyer / importer