Import

Maximise commercial opportunities through efficient documentary and financing processes

We offer an unmatched, comprehensive range of import documentation services to ensure a smooth commercial process.

Letters of credit (L/C)

As a leading global trade bank, The Royal Bank of Scotland Berhad can issue irrevocable L/Cs. The ability to provide timely information, eg L/Cs issued online by The Royal Bank of Scotland Berhad to your supplier, can help to speed up the shipment of goods.

Import documentary collections

We act as a trusted third party for handling shipping documents, and provide intermediary services to facilitate trade settlement with quick turnaround and competitive bank charges.

Import financing

Short-term financing can be arranged for the payment of goods to enable you to seize business opportunities while improving cash flow.

Shipping guarantees

In some events where goods arrive at the port before the relevant documents (for example the Bill of Lading), The Royal Bank of Scotland Berhad can provide a shipping guarantee for the importer to clear goods at customs. This is an essential instrument for the importer in order to avoid heavy demurrage costs.

Bank guarantees and standby L/Cs

An undertaking from a reputable bank provides additional comfort for your clients. Payments in this case will be honoured in the event that the applicant defaults on its obligations under the contract. Guarantees are also a substitute for the cash deposits required to secure business contracts.