Close
EN
BM

Personal

Business

Financing

Foreign/Domestic Outward Bill for Collection-i (FOBC-i/DOBC-i)

Facility granted to the seller to finance their trade debt, which arises from sale contract of goods (halal), presented under Documentary Credit under the principle of ‘Bai Al-Dayn’.

Financing

Foreign/Domestic Outward Bill for Collection-i (FOBC-i/DOBC-i)

Facility granted to the seller to finance their trade debt, which arises from sale contract of goods (halal), presented under Documentary Credit under the principle of ‘Bai Al-Dayn’.

Benefits

Customers get immediate fund;
Improve company’s cash flow pending payment from buyer;
Financing for full amount of the bill.

Features

Sale contracts of goods drawn under documentary credit;
Financing for Sight Bill and Usance Bill;
Documents presented that comply with the Documentary Credit terms.

You might also be interested in

Foreign/Domestic Inward Bill for Collection-i (FIBC-i/DIBC-i)
Foreign/Domestic Bill of Exchange Purchase-i (Authority to Purchase)
Bai’ Al Dayn Working Financing-i (BWCF)
Foreign/Domestic Bill of Exchange Purchase-i (Documentary)
Chat with us on
WhatsApp
AUSTRALIAN DOLLARAUD2.9960002.8290002.813000
BRUNEI DOLLARBND3.4360003.2350003.224000
CANADIAN DOLLARCAD3.2600003.1410003.124000
SWISS FRANCCHF5.1640004.9360004.918000
EURO EUR4.8410004.5680004.546000
STERLING POUNDGBP5.7800005.5200005.511000
NEW ZEALAND DOLLARNZD2.7550002.5550002.540000
SINGAPORE DOLLARSGD3.4360003.2350003.234000
UNITED STATES DOLLARUSD4.6060004.3540004.337000

2024-11-22 08:36:12