Export Credit Refinancing-i (ECR-i)


Get a Shariah compliant trade financing on pre-shipment and post-shipment costs, applies to eligible exporting manufacturing and agricultural producers only

  • Imagine you’re a Durian Farmer, and you’re hoping to export the frozen durians to China. You may apply this financing with the Bank (if your business falls into sectors like agriculture and manufacturing) to finance Pre and Post-Shipment cost of your goods
  • Once you receive your order from your customer, you may apply to receive cash upfront to finance associated expenses prior to shipping the goods
  • With the fund available to you before your buyer makes the payment, you have additional liquidity to expand your business further
  • ECR-i pre-shipment is based on Shariah contract of Murabahah (cost plus profit sale)
  • ECR-i post shipment is based on Shariah contract of Bai’ Al-Dayn (sale of debt)
  • Drawn in RM only
  • Pre-shipment and Post–shipment bill must have a min nominal value of RM10,000
  • Pre-shipment – max 4 months
  • Post-shipment – max 6 months
  • Pre-shipment financing draw down prior to shipment of eligible goods
  • Bank handles and monitors the collection of export proceeds
  • Obtain financing before actual payment or acceptance from buyer / importer
  • ECR-i funding rate is determined by EXIM Bank from time to time