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How do I create a Bankers Acceptance (BA)?
Maker is primarily performing the data input for Bankers
Acceptance Application.
1 of
10
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1.Login as Maker and click on the Trade Module.
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2.Click on the Application.
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3.Then click on the Bankers Acceptance Application, and the Trade Account Selection page appears.
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4.Select an account from the dropdown list and click
.
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5.The BA details application screen will appear and Data Entry is needed to input all the necessary details.
• Type of Transaction – select either AB-i (Murabahah), AB-i (Bai Al Dayn) or Bankers Acceptance (conventional). • Principal Amount – to key in the financing amount that is required. • Related LC/Collection/Approval Ref No - If the BA financing is for settling the IB/IBC bill, please fill in the IB/IBC reference no. If the BA financing is under open account, then customer needs to key in the Approval Ref No. provided by the Trade Operation Management Department. • Financing Tenor – to key in the financing tenor that is required or to key in the maximum financing tenor as granted under Letter Offer. • Total Invoice Value – follow the invoice’s exact currency and value to key in. • Purpose of Financing – select the purpose of financing either Purchase from Resident, Purchase from Non-Resident, Sales to Resident or Sales to Non-Resident. • BA Draft No. – Key in the BA draft no. -
6.
a) For the Rates, please select Bank To Quote. b) For Disbursement Instruction, please select the relevant instruction and fill in accordingly. For multiple payments to suppliers, please select the option “Others” and specify “Please refer to instruction letter attached”. The instruction letter must be chopped, signed by Authorized Signatory and attached at the “Add Attachment” screen. c) Under Payment Advice Notification, the Maker must select the account number to debit for charges and debiting upon maturity. d) Once all the details have been inputted, click on the 
to save data and it will route to the
Attachment screen.
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7.
a) At Attachment Page, the Maker can choose to upload document files to the application by inputting the Attachment Description for the file to be uploaded and clicking on Choose File to browse for required file. Click
to upload the file.
b) The uploaded file appears under the Uploaded Attachments with information such as created date, attachment description, creator and action available for the attachment. Click 
to continue to the Preview Page.
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8.
a) A Preview Page appears with all inputted BA Details shown in the respective fields with a confirmation no. generated at the top right hand corner. b) The Maker can click on the 
to save the inputted BA details for future
use.
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9.Before the Maker can submit for Authorizer to approve, system will show Challenge Code and require Token Passcode to be keyed in to be able to submit. To authenticate your transaction, please refer to steps below:
a) Press the 
button and enter the PIN Number. The word
“rHb” will be displayed and then you press
2.
b) Enter the Challenge Code into the Token. c) An 8-digit number will be generated by the Token and key in this number at the Token field. -
10.Click on
to proceed. It will route to
Confirmation/Acknowledgement page.
