Malaysia - Methods of PaymentMalaysia - Methods of Payment
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.