Bank CTBC Indonesia also offers interest rate derivatives products to fulfill your hedging needs. One of our strengths is to provide competitive rates.
Interest Rate Swap (IRS)
IRS is an agreement between two parties to exchange a stream of interest payments for another party’s stream in same currency over multiple specified interest periods, or vice versa.
Benefit :
Customer could minimize their exposure to interest rate movement
Risk :
Customer might be exposed to market risk and settlement risk
Market risk : Customer might suffer a loss or profit as a result of market price movement, in this case foreign exchange rates
Settlement risk : Customer might suffer a loss or incur cost in the event of failure in transaction settlement conducted through a facility or system beyond the control of Bank CTBC Indonesia
Requirements :
Customer shall have FX Spot Line facility and Assessment of Suitability and Appropriateness for Derivative transaction has been conducted
Customer shall submit signed indicative term sheet and transaction confirmation
Customer shall submit statement letter and supporting documents to comply with prevailing provision
Cost/Fee :
No charges applies for IRS transaction
Cross Currency Swap (CCS)
Cross Currency SWAP is an agreement between two parties to exchange a stream of principal and interest payments in one currency for a stream of principal and interest payments in another currency over multiple specified interest periods.
Benefit :
Customer could obtain funding in other currency as needed as well as hedge their exposure to interest and foreign exchange rate movement
Risk :
Customer might be exposed to market risk and settlement risk
Market risk Customer might suffer a loss or profit as a result of market price movement, in this case foreign exchange rates
Settlement risk : Customer might suffer a loss or incur cost in the event of failure in transaction settlement conducted through a facility or system beyond the control of Bank CTBC Indonesia
Requirements :
Customer shall have FX Spot Line facility and Assessment of Suitability and Appropriateness for Derivative transaction has been conducted
Customer shall submit signed indicative term sheet and transaction confirmation
Customer shall submit statement letter and supporting documents to comply with prevailing provision
Cost/Fee :
No charges applies for CCS transaction
Both products available in USD and IDR currencies and minimum tenor is 6 (six) months.
Further Information
Contact Us
Treasury 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. 8741, 8742, 8744, 8746
Direct No. (62-21) 520 3661-62
Fax No. (62-21) 252 6628
