Discusses the most common methods of payment, such as open account, letter of credit, cash in advance, documentary collections, factoring, etc. Includes credit-rating and collection agencies in this country. Includes primary credit or charge cards used in this country.

Exports to Malaysia may be financed through cash in advance, open account, or letters of credit issued to importers by banks in Malaysia.
Financing is readily available in the domestic market to Malaysian importers. Exporters requiring credit ratings can obtain them from two domestic credit rating institutions, the Rating Agency Malaysia Berhad (RAM, www.ram.com.my) and the Malaysian Rating Corp. Berhad (MARC, www.marc.com.my), both launched in the 1990s.

 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.