Shipping Guarantee (SG)


Allowing you to claim your goods at the port before receiving Bill of Lading

  • Imagine you’re a BMW car dealer and a customer demanded 20 units of BMW cars. Your supplier, BMW Germany is able to fulfil your request in a day
  • Your bank (Alliance Bank) will issue an LC on your behalf and with this trade finance facility, you are entitled to claim the goods once the ship arrives at the port
  • With this solution, you can avoid paying unnecessary demurrage charges or penalties for not being able to claim your goods at the port
  • SG Issued in Ringgit Malaysia
  • No amount
  • No expiry