Announcement 1 - Thursday, March 21, 2024

Important Notice to Solicitors:

New enhancement: Phase 1 - Auto prefilled of information into “Facility Agreement” & “Personal Guarantee” with effect from 22/03/2024.

Solicitor’s Guide – Please Click HERE

Announcement 2 - Monday, February 19, 2024

NOTICE TO SOLICITOR AND VALUERS

In view of the increase of Service Tax from 6% to 8% effective 1 March 2024, Rexit would be conducting invoicing generation at 29 February 2024 5pm for all cases accepted prior to 5pm 29 February 2024.

Service tax of 6% would be billed for invoices issued for cases prior to 5pm 29 February 2024.

New Service tax rate of 8% would be billed for invoices issued for cases that are accepted after 5pm 29.02.2024 and would be billed together with March 2024 invoice.

Thank you.

Announcement 3 - Wednesday, January 3, 2024

Important Notice To Solicitor:-

APPLICABLE TO ALL COMMERCIAL (WHOLESALE) AND CORPORATE CASES (NON-SME)

RHB Bank Berhad  has issued  the new Facility Agreement version Dec 2023 and to be adopted with immediate effect

Announcement 4 - Thursday, October 26, 2023

IMPORTANT NOTICE TO ALL SOLICITORS

Applicable for SME cases only

WEF 1/11/2023, solicitor shall only send the security documents for Bank’s execution subject to:

Confirmation of the following:

1. Legal fees has been settled by customer
2. Customer’s Current Account number
3. For non-standard legal documents which has been duly cleared by the Bank’s Group Legal

To forward the following documents:

1. CTC Board Resolution and statutory documents
2. Complete set of original and signed documents as required in the LO/SLO/LN
3. CTC documents as required for compliance of all conditions precedent in LO/SLO/LN.  Except:-

1. placement of FD/CMD-i
2. submission of valuation report/audited account
3. relevant approval related to construction
4. confirmation the differential sum settled
5. LU from developer/vendor
6. payment of stamping fees

4. Evidence of request for redemption statement and consent from debenture holder/ land office/ other relevant authorities (where applicable)

Announcement 5 - Friday, February 10, 2023

REMINDER Notice to all Solicitors

Please update the status for all cases pending disbursement by the 10th and 25th of every month in InfoGuardian, failing which your performance rating will be affected which may result in the suspension of panelship. Please refer to the UPDATED User Manual (Solicitor Business Loans) Pages 33 to 35 for steps to update the case status.

Announcement 6 - Monday, January 30, 2023

IMPORTANT NOTICE TO ALL SOLICITORS

Advise To Release & Completion of Security Documentation for Business (ARCS)

With effective from 30 January 2023, RHB has introduced ARCS (ARCS001/23) for implementation by all solicitors in replacement of our existing Letter of Advise to Drawdown (LAD). 

You may now download the ARCS under the ‘Templates’ in the menu tab.

Announcement 7 - Tuesday, July 19, 2022

“Notice to Solicitor”

Once the documents have been executed by the customer, please update Reason “EXECUST” (description: Document executed by Customer) and Remarks “Customer executed documents on DD/MM/YYYY” at Solicitor -> Solicitor Performance Tracking -> Reason & Remarks Tab in InfoGuardian System.

Announcement 8 - Friday, December 17, 2021

“Notice to All Solicitors”
Developer cases - Applicable to financing of property under construction purchased from Developer only

Pending progressive billings/ confirmation differential sum settled from the developer, Solicitor can proceed to advise for drawdown upon completion of all legal documentation.

Announcement 9 - Friday, August 6, 2021

IMPORTANT NOTICE TO ALL SOLICITORS

Applicable for Conventional and Islamic Business financing granted to SME CUSTOMERS

Pursuant to the Announcement made on Friday, July 30, 2021 on the revised standard documents for SME Customers, please proceed to retrieve other documents (which are not available under the SME Customer Template) from the Non SME Customer Template until further notice from the Bank.

Announcement 10 - Friday, July 30, 2021

IMPORTANT NOTICE TO ALL SOLICITORS

Applicable for Conventional and Islamic Business financing granted to SME CUSTOMERS

Pursuant to Bank Negara Malaysia‘s Fair Treatment of Financial Consumers (“FTFC”) Policy Documents, RHB Bank Berhad and RHB Islamic Bank have revised the Bank’s standard Letter of Set-Off (1^st and 3^rd party) forms in accordance to FTFC requirements. For all Letter of Offer dated 30^th June 2021 onwards,  please adopt the revised documents which can be retrieved under the header “SME Customer” in Templates for Business-Conventional and Business-Islamic. The Bank will not accept the old documents from the effective date onwards.

For Non SME Customers, the documents can be retrieved under the header “Non SME Customer” in the Templates for Business-Conventional and Business Islamic.

In addition, standard documents for loans under CGC’s Bizmaju scheme are also available in Templates for Business-Conventional SME Customer.

Please ensure compliance.

Announcement 11 - Friday, June 1, 2018
Solicitor system usage fee payable to Rexit is of RM60.00 per case accepted (for lite plan). Invoice would be sent to firm at the beginning of each month.

Announcement 12 - Friday, June 1, 2018
Solicitor system usage fee payable to Rexit for standard plan is RM2500.00 per annum. Invoice would be sent to firm at the beginning of ​January each year.

Announcement 13 - Friday, June 1, 2018
Valuer system usage fee payable to Rexit is of RM10.00 per case accepted. Invoice would be sent to firm at the beginning of each month.