Means of payment in Indonesia

Collection

Exports to Indonesia

  • Documentary Credit:
    means the seller can enjoy the security of being paid before shipping the goods. Option of financing the Indonesian payer (importer).
  • Collection:
    collection management of trade documents with the purchaser by bank in Indonesia. Usually with sight draft or payment.
  • Guarantees for advance payment:
    performance bond, deposits and also for regular transactions or capital goods.
  • Forfaiting:
    mixed finance (FIEM loan / buyer credit) available for public projects.

Payment

Imports from Indonesia

  • Documentary Credit:
    banking payment commitment conditional on submitting documents accrediting export
  • Import remittance:
    collection management of commercial documents with purchaser by the Spanish bank
  • Guarantees.
  • Simple transfer: a common
    means of payment and collection