Best Trade Finance Solutions: Malaysia Islamic

Arranger: OCBC

PWM: Standard and heavily galvanized wires, available in various carbon grades

Hard drawn and galvanized steel wire manufacturer Perfect Wiremakers (PWM) obtained a trade financing solution that met the suppliers’ requirement, ensuring a steady flow of material supplies.

The solution include an Islamic letters of credit (L/Cs) clause to meet the suppliers’ demand and enable the customer to draw down Islamic trade financing before the arrival of documents to finance the reimbursement claim.

PWM is guided to track the documents delivery status online and a special arrangement is made for express processing of the transaction to enable the company to collect the payment on time.