Import is any goods or commodity, brought into one country from another country by using L/C instrument to support this activity. Import can also be done without L/C if both of parties have trusts to each other.

Type of service :

A binding document that a buyer can request from his bank in order to guarantee that the payment for goods will be transfered to the seller.

This service consist of:

1. Sight L/C
   L/C terms demand that the Bill of Exchange drawn by the exporter is the type which requires the importer to pay at sight.
   
   
2. Usance L/C.
   L/C which has terms allowing the importer a deffered payment.
3. Bills Collection
   Bills collection is a collection of cheque, draft, and other bonds to the issuing of securities and receiving payment from paying bank. This collection is used for import without L/C, that the payment will be requested to the drawer by the bank.
   
   
4. Shipping Guarantee
   A Shipping Guarantee (SG) allows an importer to take possesion of goods from a shipping company when the goods arrive at port before the negotiable bill of landing is received. It is a written indemnity by the bank to the shipping company. For shipment by air/post the bank would endorse the airway bill / parcel post receip, as the case may be, to the order of the customer to take the goods.
5. Import Tax Payment
   As a perception bank we provide tax payment service related to import activities.

A. Benefit and Risk

Benefits

1. To guarantee the payment and goods delivering comply with agreement that was made. 
2. To guarantee the payment and goods delivering comply with agreement that was made. 
3. Our professional employee will help customer's problem in conducting import transaction. 

Risk

1. Market Risk
   Risk occured due to market interest and foreign exchange fluctuation.
2. Operational Risk
   Disfunction of internal risk, human error, system failure or external problem.
3. Credit Risk
   Risk occured due to the inability of third parties to settle their obligations.

B. Procedures and Using Guidance

Our Customers. To perform L/C transaction you should be our customer first.

Application. Completing the opening import application, opening L/C statement letters and payment/settlement statement letters with stamp duty by attaching:

• APIT / APIT Card
• Article of Association and its amendment
• Copy of Tax Identification Number.
• Copy of Company Business Permit Letter / BKPM License.
• Copy of Company Registration.
• Copy of Business License.
• Copy of Identity Card/Passport/KITAS.
• Signature Card

C. Costs

Cost related to service are: