Fees & Charges - BCB-i Financing

Trading fee

RM15 per facility for every transaction of RM1 million (on financing amount) or part thereof in the currency of transaction

• For SME Customers, the fee is equally shared between Customer and the Bank

Redemption statement fee

RM50 per request

Security document retrieval fee

(request for photocopy)

RM 2 per page (min. RM10 and max. RM60)

• For Non-SME, the maximum capping does not apply

Additional financing statement fee

• RM10 per request plus RM2 per page (less than 1 year)
• RM10 per request plus RM5 per page (more than 1 year)

• For Non-SME, there will be additional RM2 per page if statement is less than a year or RM5 per page if statement is more than a year

Early settlement charges

(via reducing rebate)

Actual cost not recovered:

• Cost not recovered due to discount elements at initial period; and/or
• Initial cost not recovered (e.g. zero moving cost)

Changes to approval terms and conditions that has been accepted by the customer

RM300 per request

• Applicable for customer initiated changes only
• Applicable for Non-SME only

​Stamp Duty Charges

As per Stamp Duty Act 1949 (revised 1989)

​Legal Fee

Solicitor’s fees for documentation

​OA / OR / ROC searches – for registration of charge and land search, bankruptcy search

Charges as per actual amount incurred

• Applicable for Non-SME only

Compensation charges

1% or IIMM rate

• For default payment during facility tenure = 1% p.a. on the overdue instalment amount;
• For default payment causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);
• For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);
• For default payment post judgment = IIMM rate on the basic judgment sum.

Trading fee

RM15 per facility for every transaction of RM1 million (on financing amount) or part thereof in the currency of transaction

• For SME Customers, the fee is equally shared between Customer and the Bank

Redemption statement fee

RM50 per request

Security document retrieval fee

(request for photocopy)

RM 2 per page (min. RM10 and max. RM60)

• For Non-SME, the maximum capping does not apply

Additional financing statement fee

RM10 per request

• For Non-SME, there will be additional RM2 per page if statement is less than a year or RM5 per page if statement is more than a year

Early settlement charges

(via reducing rebate)

Actual cost not recovered:

• Cost not recovered due to discount elements at initial period; and/or
• Initial cost not recovered (e.g. zero moving cost)

Changes to approved terms and conditions that has been accepted by Customer

RM300 per request

• Applicable for customer initiated changes only

​Stamp Duty Charges

As per Stamp Duty Act 1949 (revised 1989)

​Legal Fee

Solicitor’s fees for documentation

​OA / OR / ROC searches – for registration of charge and land search, bankruptcy search

Charges as per actual amount incurred

• Applicable for Non-SME only

Compensation charges

1% or IIMM rate

• For default payment during facility tenure = 1% p.a. on the overdue instalment amount;
• For default payment causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);
• For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);
• For default payment post judgment = IIMM rate on the basic judgment sum.

Early Settlement charges

(via reducing rebate)

Actual cost not recovered:

• Cost not recovered due to discount elements at initial period; and/or
• Initial cost not recovered (e.g. zero moving cost)
• Business loss (if any)

​Stamp Duty Charges

As per Stamp Duty Act 1949 (revised 1989)

​Legal Fee

Solicitor’s fees for documentation

​OA / OR / ROC searches – for registration of charge and land search, bankruptcy search

Charges as per actual amount incurred

• Applicable for Non-SME only

​Compensation Charges

​1% or IIMM rate

• For default payment during facility tenure = 1% p.a. on the overdue instalment amount;
• For default payment causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);
• For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);
• For default payment post judgment = IIMM rate on the basic judgment sum.

Commodity Trading fee

RM10 per facility for every transaction of RM1 million (on financing amount) or part thereof in the currency of transaction.

• For SME Customers, the fee is equally shared between Customer and the Bank

Additional Statement  fee

RM10 per request

• For Non-SME, there will be additional RM2 per page if statement is less than a year or RM5 per page if statement is more than a year

Security Documents Retrieval fee

(Request for photocopy)

RM 2 per page (min. RM10 and max. RM60)

• For Non-SME, the maximum capping does not apply

Changes to approved terms and conditions that has been accepted by the customer

RM300 per request

• Applicable for Customer initiated changes only
• Applicable for Non-SME only

Request on reinstatement of suspended banking facilities

RM300 per request

• Applicable for Non-SME only

Early Settlement charges

(via reducing rebate)

Actual cost not recovered:

• Cost not recovered due to discount elements at initial period; and/or
• Initial cost not recovered (e.g. zero moving cost)

​Stamp Duty Charges

As per Stamp Duty Act 1949 (revised 1989)

​Legal Fee

Solicitor’s fees for documentation

​OA / OR / ROC searches – for registration of charge and land search, bankruptcy search

Charges as per actual amount incurred

• Applicable for Non-SME only

Compensation charges

1% or IIMM rate

• For default payment during facility tenure = 1% p.a. on the overdue instalment amount;
• For default payment causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);
• For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);
• For default payment post judgment = IIMM rate on the basic judgment sum.