X-Press Products

Want a truly fast, hassle-free Bank Guarantee and Letters of Credit with no trade facility required? Look no further – UOB X-press Products gives you exactly that!

UOB X-PRESS GUARANTEE

• 3-hour* fast delivery
• Issuance of Bank Guarantee in exchange for cash
• Available to acceptable companies incorporated in Malaysia and individuals who are existing current account or savings accountholders of UOBM
• Issuable in most majorcurrencies
• Beneficiary may be local or foreign parties (subject to ECM regulations)
• Bank Guarantee amount up to:
  • RM1 million for companies per transaction
  • RM100,000 for individuals per transaction

UOB X-PRESS LETTERS OF CREDIT

• 3-hour* fast turnaround
• Issuance of Letters of Credit in exchange for cash
• Available to acceptable companies incorporated in Malaysia who are existing current account holders of UOBM
• Issuable in most major currencies
• Applicable to both local and foreign Letters of Credit
• Letters of Credit amount up to RM1 million for companies per transaction