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Trust Receipt
 
Introduction 
Trust Receipt (TR) is a short-term financing to support import and local purchase of goods. The Bank pays the seller, on behalf of the buyer, and the buyer to take possession of the goods and at the same time gives the buyer a credit period to repay the Bank. This credit period is to allow the buyer to deal with the goods so as to generate proceeds to pay the Bank.

Features and Benefits
  • Short-term financing that improve cash flow and free up working capital for essential business operations.