Banks factoring Malaysia 09-06-2003 Bank Negara safeguards must be in place before banks outsource functions including factoring Banking business as defined by the Banking and Financial Institutions Act 1989 (Bafia) includes the business of receiving deposits, paying and collecting cheques drawn or paid in by customers, lending…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here