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Bill Collection Financing


BNI provides financing service through a Documentary Collection take-over:

A. Outward Bill Collection Financing (OBCF)

The benefits of using BNI OBCF are :

  • Acceptable throughout the world through BNI's global correspondence network.
  • Your documents will be checked by proficient and certified officers.
  • Processing of financing application can be completed on the same day.
  • Centralized document delivery through Export Bill Collection Services (EBCS), and collaboration with the world's leading courier services.
  • Financing facilities with competitive interest rates.

Requirements :

  • The Exporter must be a BNI customer.
  • Submit a Bill Collection Financing application.
  • Submit original export documents.
  • Risk Assessment has been carried out on the transaction to be made.

B. Inward Bill Collection Financing (IBCF)

The benefits of using BNI IBCF are :

  • Acceptable throughout the world through BNI's global correspondence network.
  • Processing of financing application can be completed on the same day.
  • Your documents will be checked by proficient and certified officers.
  • Financing facilities with competitive interest rates.

Requirements :

  • The Importer must be a BNI customer.
  • Customer must provide Import Identification Number.
  • Submit an Inward Bill Collection Financing application.
  • Submit an appropriate transaction cover.

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