Trade Finance

Trade services is considered the backbone of our operations which is headed by our experienced Operations Manager and assisted by well trained Import-Export Specialists. Our primary objective is to promote trade-related activities between Indonesia and the U.S., as well as with other countries not sanctioned by the OFAC, thus contributing to the expansion of international commerce. Our conduct of trade and related payments are in line with ICC rules embodied under UCP600. The areas of responsibilities of this department included:

  • Letters of Credit
  • Bankers Acceptances
  • Letters of Credit Reimbursements
  • Bills Purchased
  • Refinancing of Letters of Credit
  • Remittances
  • Collections
  • Export Bill Collections

Our modern technology enables us to perform our daily task effectively; i.e., payments are made through the Swift Alliance System which is fully integrated with our accounting system.