A bill, as an instrument of international trade, is the most commonly used method for a seller to be paid through banking channels. Besides credit risk considerations, bills are the customary business practice for trade and a particularly important fee-earning service for any bank.

The Islamic Bills and Collections (IB) module supports the processing of all types of Islamic bills, both domestic and international. It handles the necessary activities during the entire life-cycle of an Islamic bill once it is booked.