Objectives

Objectives

Financing and services facilities to assist your trade transactions as a business actor/financial institution, including in the form of Surat Kredit Berdokumen Dalam Negeri (SKBDN), Letters of Credit (LC) or other forms of trade transactions.

Principles

Principles

Conventional and Sharia.

Customer Criteria

Customer Criteria

  • Business entities including individuals with export justification;
  • Financial Institutions, both banks and non-banks, which finance Exporters/business activities with Export justification.
Pre-Shipment
Pre-Shipment

LC Transfer (Service)

Objectives:

Service for transferring LC/SKBDN received from the Issuing Bank by LPEI to a third party as per the beneficiary's instructions.

 

Inward Documentary Collection (Service)

Objectives:

Service to assist in collecting acceptance or payment from the buyer (importer) to the seller (exporter) as a condition for delivering documents to the buyer, based on non LC/SKBDN transactions.

Types:

  • Document against Payment (D/P)
  • Document against Acceptance (D/A)

 

LC/SKBDN (Non Cash Financing)

Objectives:

Facilities provided for the issuance of L/C or SKBDN.

Types:

  • Sight
  • Usance

Characteristic:

Non-cash/Uncommitted/Advised/Revolving .

Term of Facility:

1 year and can be extended.

Applicant Criteria:

  • Business entities including individuals with export justification;
  • Specifically for import transactions, have Import Identification Number or other documents in accordance with applicable regulations.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Fee:

  • Issuance;
  • Amendment;
  • Acceptance;
  • ]Document Handling;
  • Discrepancy.

 

Trust Receipt (Cash Financing)

Objectives:

Standby financing facility that can be used for settling LC/SKBDN transaction payments if needed by the customer.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Characteristic:

Cash/ Uncommitted/Advised/Revolving.

Term of Facility:

1 year an can be extended.

Interest Rate:

Competitive interest rate.

Fees/Costs:

  • Provisions;
  • Administration;
  • Others (if any).

 

Debt Financing (AP Financing)

Objectives:

Financing for settling non LC/SKBDN Account Payable transactions.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Interest Rate:

Competitive interest rate.

Term of Facility:

1 year and can be extended.

Fees/Costs:

•    Provisions
•    Administration
•    Others (if any)

 

Pre-Export Financing (Cash Financing)

Objectives:

Financing to meet your needs for preparing the shipment of goods (raw materials, production costs, insurance, and shipping fees) based on orders from the Buyer (LC/SKBDN or non LC/SKBDN).

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Interest Rate:

Competitive interest rate.

Term of Facility:

1 year and can be extended.

Fees/Costs:

  • Provisions;
  • Administration;
  • Others (if any).
Post-Shipment
Post-Shipment

LC/SKBDN Advise (Service)

Objectives:

Service for forwarding LC/SKBDN received from the Issuing Bank to the LC/SKBDN recipient (seller/exporter) or to the next receiving Bank, as per the instructions from the selling party (seller/exporter).

Types:

  • Sight
  • Usance

Fee:

Advise.

 

Outward Documentary Collection (Service)

Objectives:

Service for the seller (exporter) to facilitate the delivery of sales documents to the collection bank and provide instructions to obtain acceptance or payment from the buyer (importer) as a condition for document delivery, based on non LC/SKBDN transactions.

Types:

  • Document against Payment (D/P)
  • Document against Acceptance (D/A)

 

Auto Purchase LC/SKBDN Intra LPEI (CAsh Financing)

Objectives:

Purchase of commercial accounts receivable documents based on LC transactions (domestic transactions) or SKBDN issued by LPEI, namely:

  • Sight LC/SKBDN transactions, where the presented documents are clean/complied with; or
  • Usance LC/SKBDN transactions, where the presented documents have obtained acceptance from LPEI as the Issuing Bank.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Interest Rate:

Discounted rate.

Fees/Costs:

  • Administration;
  • Others (if any).

 

Correspondent Bank Bill Discounting (CBBD) (Cash FInancing)

Objectives:

Purchase of commercial accounts receivable documents based on LC or SKBDN transactions, assuming the risk from the Issuing Bank (FI), specifically usance LC/SKBDN transactions that have obtained acceptance from the Issuing Bank.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Interest Rate:

Discounted rate.

Fees/Costs:

  • Administration;
  • Others (if any).

 

Export Bill Financing (PWE)

Objectives:

Financing to fund trade accounts receivable based on LC/SKBDN transactions, including sight LC/SKBDN transactions and/or usance LC/SKBDN transactions, both before and after acceptance.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Interest Rate:

Discounted rate / simple interest.

Term of Facility:

.1 year and can be extended.

Fees/Costs:

  • Provisions;
  • Administration;
  • Others (if any).

 

Accounts Receivable Financing (AR Financing)

Objectives:

Financing to fund accounts receivable based on non LC/SKBDN transactions.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Interest Rate:

Discounted rate / simple interest.

Fees/Costs:

  • Provisions;
  • Administration;
  • Others (if any).
Financial Institution
Financial Institution

LC Confirmation (Non Cash Financing)

Objectives:

Providing payment guarantees or bank confirmations for LCs issued by the Issuing Bank where in the event of a default by the Issuing Bank, payments will be made by LPEI.

Types:

  • Sight
  • Usance

Customer Criteria:

Financial Institution with criteria:

  • Domestic and international;
  • Underlying risk on the basis of Financial Institution risk;
  • Banks and non-banks, namely ECN Exim banks, SMV Ministry of Finance, multilateral agencies, or Development Banks.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Fee:

Confirmation.

 

FI Risk Participation (Unfunded) (Non Cash Financing)

Objectives:

Transfer of risk (whether in part or in whole) without disbursement of funds from the Grantor to the Participant on the obligor's trade transaction bills. LPEI can act as a Grantor and Participant.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Fee:

  • In accordance with the agreement with the FI Participant (if LPEI is the Grantor);
  • According to the tariff book (if LPEI is a Participant).

 

FI Risk Participation (Funded) (Cash Financing)

Objectives:

Transfer of risk (whether in part or in whole) with disbursement of funds from the Grantor to the Participant on the obligor's trade transaction bills. LPEI can act as a Grantor and Participant.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Fee:

  • In accordance with the agreement with the FI Participant (if LPEI is the Grantor);
  • According to the tariff book (if LPEI is a Participant).

 

Forfaiting (Cash Financing)

Objectives:

Sale/purchase of bills at a discount to/from other Financial Institutions based on Accepted Usance LC/SKBDN.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Fee:

There are no additional costs or according to the agreement with the FI Participant.

 

FI Trade Refinancing (Cash Financing)

Objectives:

Providing of financing for liquidity of counterparty Financial Institution with underlying trade finance transactions from counterparty Financial Institution.

Currency:

Indonesian Rupiah (IDR) or foreign currencies available at Indonesia Eximbank.

Fee:

With or without charge, by agreement.

For more information regarding Indonesia Eximbank Products and Services, please contact the number +62-21-39503600 (Hunting) or you can send a message via the form below :