SKBDN (Surat Kredit Berdokumen Dalam Negeri)

Letter of Credit undocumented Affairsi (SKBDN) or often referred to as local LC are instruments issued by the Issuing Bank, at the request of the buyer / applicant which contains the bank's promise to pay some of money to the seller / recipient if the Issuing Bank  receive documents in accordance with the SKBDN requirements.  The Domestic L / C is used to support domestic trade transactions.  Bank Jatim can serve your needs, both in terms of the applicant and SKBDN recipient.

  • Published SKBDN, The issuance of SKBDN through Bank Jatim can be done using the facilities that we provide.  Another faster way to issue an SKBDN is to use 100% of your funds in the amount of your SKBDN, whether in the form of cash funds / a current account block / deposit block, as a Security Deposit.
    • Benefit
      • Certainty that the document requirements stated in the Domestic L / C are fulfilled before payment is made.
      • Protect your transaction settlement process.
    • Requirements
      • Having a Demand Deposit at Bank Jatim
      • Completeness of documents:
        • copy of Company Establishment Deed and Amendments
        • Copy of Company Establishment Ratification Letter from the Ministry of Law and Human Rights of the Republic of Indonesia
        • Copy of SIUP / Trading Business License
        • Copy of NPWP / Taxpayer Identification Number
        • Copy of TDP / Company Registration Certificate
        • Example of the original signature of the applicant / applicant in the form provided
        • Copy of related technical lien for certain types of goods (if any)
        • Other Competitive Fees
      • Transaction facilities for Customers who have a Credit Facility or Guarantee Deposit for Customers who do not have a Credit Facility of at least 100% of the SKBDN value in the same currency
  • SKBDN Receive In a trade transaction with SKBDN, there is a grace period between the presentation of documents and the receipt of payment.  Bill purchasing allows you to get paid immediately after the presentation of documents so that it will improve the efficiency of your cash flow.  Bill Purchasing is the acquisition of documents and / or drafts based on SKBDN.  The takeover is carried out by Bank Jatim by paying in advance before payment is made by the Issuing Bank when the SKBDN payment is due.  This Bill of Purchasing can be done both for SKBDN which is in the form of Sight (Top Performance) and Usance (Futures) and is done with the Right of Regres (with resources).  Taking over can be done in two ways.  First, for the condition of complying presentation documents drawn over the Issuing Bank which has a Commercial Line at Bank Jatim, a takeover can be directly carried out.  Second, for other document conditions and the Issuing Bank does not yet have a Commercial Line, it can use a limit called the Bill Purchasing Line (BPL)
    • Benefit
      • Certainty that the document requirements stated in the Domestic L / C are fulfilled before payment is made.
      • Protect your transaction settlement process.
      • Help your business development because payments can be received more quickly and can be immediately used for business needs.
      • Increase your competitiveness in the eyes of trading partners by offering payment delays without disrupting your cash flow.
      • Problem solving
    • SKBDN is every written promise based on the written request of the applicant (Application) that binds the opening Bank (Issuing Bank) to:
      • Make payments to the recipient or order, or access and pay the money order drawn by the recipient.
      • Authorize to other banks, make payments to the recipient or order, accept and pay notes drawn by
      • authorize to other banks, negotiate money orders drawn by the recipient over the submission of documents as long as the terms and conditions of the SKBDN are fulfilled.
    • Requirements:
      • Filling in the SKBDN application
      • Having a Giro at Bank Jatim Fees: competitive
    • Fee : Competitive