Description
Letter of Credit (LC) is an instrument issued by bank (Issuing Bank), upon request from you, as Applicant, containing the Bank’s undertaking to pay a sum of money to Beneficiary provided the Bank has received documents in compliance with LC terms
Features
Tenor: Sight
Currency: IDR, USD, EUR
Collateral: Cash collateral, fixed or non fixed assets
Other Requirement : Personal or Corporate Guarantee (optional)
Type:
LC Issuance
Inward Documentary Credit
Shipping Guarantee
Risks
Undelivered goods and/or documents
Benefits
To eliminate delivery uncertainty
Simulation
LC Amount : USD 50,000
Invoice Amount : USD 100,000
Issuance LC
0.25% * USD 50,000 = USD 125 * daily rate counter bank sell TT
Biaya cable = IDR 650.000
Biaya kurir = IDR 60.000
Shipping guarantee
0.125% * USD 100,000 = USD 125 * daily rate counter bank sell TT (or min IDR 400.000)
Further Information
Contact Us
Financial Institution Department
Head Office – Jakarta
PT Bank CTBC Indonesia
Tamara Center 17th Floor
Jl. Jend Sudirman Kav. 24
Jakarta 12920
Telp No. (62-21) 2557 8787 (Hunting)
Ext No. 8751, 8719, 8795, 8750, 8672
Fax No. (62-21) 520 6767
