Product & Services

A. Benefit and Risk
Benefit

1. Quick and Easy. Your export document will be processed in the same day if the application received before 12.00 am.
2. Economic Cost. We have competitive cost.
3. Professional and warm service from our staff to makes you feel comfortable in using our Bank and discussing your export problem.

Risk

1.     Market Risk

Risk occurred due to market interest and foreign exchange fluctuation.

2.     Operational Risk

Dysfunction of internal risk, human error, system failure or external problem.

3.      Credit Risk

Risk occurred due to the inability of third parties to settle their obligations.

B. Procedures and Using Guidance

Application. Completing the application by attaching (for new customer):

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

C. Export Facility

Negotiation

Negotiation is a service to purchase drafts under a documentary credit, which the issuing Bank has undertaken to pay before payment from issuing Bank. We are ready to negotiate your export document quickly and safely.

Collection

Collection is a service that we provide from exporter’s instruction to collect payment from importer.

Advising L/C
Advising L/C is notification by mail or swift message from issuing Bank that will be adviced through advising Bank to beneficiary.

D. Charges