Ekspor
Ekspor Baru
Product Trade Finance
Mandiri Export
Increase your convenience in arranging export transactions with Bank Mandiri's export services in an integrated and comprehensive way at every stage of the transaction, since the process of realizing export orders, preparing export documents, presenting documents, and accelerating export proceeds acceptance. Trade Specialists who are spread throughout Indonesia, can assist you in carrying out international and domestic trade transactions, using various payment instruments such as Letters of Credit (LC), Documentary Collection, and Open Accounts.
Moreover, Bank Mandiri can also provide financing for your export transactions starting from the pre-delivery of export goods (pre-shipment financing) stage to the post-delivery of goods stage (post-shipment financing), by offering Pre-Export Financing and Export Bills Purchase (PWE) solutions, either underlain by LC or Non-LC (bill purchase).
Bank Mandiri's Export Services include:
Key Features
Types of Document Presentation:
- Documents against Payment (D/P): Presentation of collection documents to the Buyer/Importer after receiving payment on the documents from the Buyer/Importer, or;
- Documents against Acceptance (D/A): Presentation of collection documents to the Buyer/Importer after receiving an acceptance letter from the Buyer/Importer, or;
- Free of Payment: Presentation of collection documents to the Buyer/Importer without requiring payment or acceptance.
Benefits
- Customer can control the goods sold before receiving payment/acceptance from the Buyer/Importer.
- Simplified collection process.
- Competitive collection fees.
Fees & Other Charges
Fees related to the Outward Documentary Collection is subject to the provisions applicable at PT Bank Mandiri (Persero) Tbk.
Terms & Conditions
- Customer of Bank Mandiri.
- Possesses a Business Identification Number (NIB) & Trading Business License (SIUP).
- Not listed on internal or external (Bank Indonesia) blacklists, and
- Submitted a complete and accurate transaction application (according to the bank's standards), affixed with sufficient stamp duty, signed by an authorized signatory.
Risks
No payment obligation arises on the part of the bank, hence there is a risk of non-payment of the invoice by the Buyer/Importer.
Simulation
The following simulation is intended to serve solely as a sample calculation and is not intended to serve as any kind of recommendation.
| Document Value | USD 800,000 |
| Collection Fee | 0.125% |
| Fees borne by the Customer | Sample Calculation: 0.25% x USD 800,000 = USD 1,000 |
Disclaimer
- This summary serves solely as informational material on products and services for prospective customers/current customers and is not intended as an official offer of any product and/or service.
- Customers are obliged to read, understand, and sign the Kopra Trade Onboarding Application.
- The information provided in this Product and Service Information Summary is valid until such time as it is changed or updated.
- Customers are required to read and understand the product as described in this Product and Service Information Summary before submitting an application form and other documents, and for additional information may inquire with Bank staff or at Mandiri Call on 14000 or +6221 52997777 (International), press 4 for language selection.
Key Features
- Irrevocable: Cannot be altered or cancelled during the LC's validity period without the consent of the beneficiary and confirming bank (if any).
- When the customer presents documents at Bank Mandiri, the bank will examine the documents to ensure compliance with applicable regulations (complying presentation).
Benefits
- Customers receive payment assurance from the LC issuer/ SKBDN (Issuing Bank).
- Customers transfer the risk of the importer's inability to pay to the Issuing Bank / SKBDN.
- Customers can obtain financing offers on export documents channelled through Bank Mandiri.
Fees & Other Charges
Fees related to Export LC / SKBDN Acceptance is subject to the provisions applicable at PT Bank Mandiri (Persero) Tbk.
Terms and conditions
Transaction Requirements:
- The LC beneficiary / SKBDN must have an active account with Bank Mandiri.
- Buyer and Issuing Bank are not subject to embargoes.
Procedures:
- The LC issued by the Issuing Bank is forwarded by Bank Mandiri to the customer through the Customer Account Managing Branch.
Risks
If there is a discrepancy with the terms and conditions in the LC/SKBDN, it may result in a refusal of payment from the issuing bank which will result in payment being received in a longer time and subject to additional fees.
Simulation
The following simulation is intended to serve solely as a sample calculation and is not intended to serve as any kind of recommendation.
Sample Calculation:
| Document Value | USD 10,000 |
| LC / SKBDN Forwarding Fee | USD 50 |
| Total fees | USD 50 |
Disclaimer
- This summary serves solely as informational material on products and services for prospective customers/current customers and is not intended as an official offer of any product and/or service.
- The information provided in this Product and Service Information Summary is valid until such time as it is changed or updated.
- Customers are required to read and understand the product as described in this Product and Service Information Summary before submitting an application form and other documents, and for additional information may inquire with Bank staff or at Mandiri Call on 14000 or +6221 52997777 (International), press 4 for language selection.
Key Features
Bank may issue a Confirmed LC which has the following characteristics:
- Disclosed Confirmation is a condition in which any additional confirmation is clearly mentioned in the LC by the Issuing Bank by containing a "Confirm" or "May Add" clause so that the Issuing Bank officially requests the Bank to add a payment guarantee.
- Silent Confirmation is a condition where additional confirmation is given by the Bank only at the request of the exporter or by the bank that handles the document so that there is no additional confirmation mentioned in the LC but there is a "Without Confirmation" clause.
Benefits
Customers receive additional payment assurance for the letter of credit (LC) issued by the issuing bank.
Fees & Other Charges
Fees related to the Letter of Credit Confirmation is subject to the provisions applicable at PT Bank Mandiri (Persero) Tbk.
Terms and conditions
Transaction Requirements:
- The Issuing Bank meets the criteria set by Bank Mandiri.
- The Letter of Credit (LC) complies with the criteria set by Bank Mandiri.
Procedures:
- LC that meets the criteria will be added with confirmation by Bank Mandiri and forwarded to the Customer through the Customer's Account Management Branch.
Risks
- Bank deals with LC documents in accordance with the subject matters as agreed upon in the transaction and is not responsible for the truthfulness, quality, and loss of goods.
- Discrepancy in the presentation of the LC document might potentially result in a refusal of payment.
Simulation
The following simulation is a tool or an example of the estimated calculation only and not intended as a form of recommendation.
| Document Value | USD 1,000,000 |
| Tenor | 90 Days |
| Fees | 0.50% p.q (per quarter), min. eqv. IDR 700,000 |
Provision fees (charged at the time the Bank agrees to add confirmation)
| Example of Calculation | USD 1.000.000 x 0,50% x 1 = USD 5.000 |
Disclaimer
- This summary serves solely as informational material on products and services for prospective customers/current customers and is not intended as an official offer of any product and/or service.
- The information provided in this Product and Service Information Summary is valid until such time as it is changed or updated.
- Customers are required to read and understand the product as described in this Product and Service Information Summary before submitting an application form and other documents, and for additional information may inquire with Bank staff or at Mandiri Call on 14000 or +6221 52997777 (International), press 4 for language selection.
Bank Mandiri Export Financing, including:
Key Features
PEF only available for the following purposes:
- Purchase of raw materials, and/or
- Expenditure on production fees & other charges/preparation of other shipment-related items, and/or
- Acquisition of goods
- Expenditure on transportation fees & other charges for delivering goods
- Expenditure on shipping insurance fees & other charges to fulfil a trade transaction order.
Benefits
PEF is used to support customer liquidity for the realization of export shipments, such as packing loans, inventory/stock financing, freight financing, and insurance financing.
Fees & Other Charges
Fees related to Pre-Export Financing is subject to the provisions applicable at PT Bank Mandiri (Persero) Tbk.
Terms and conditions
Transaction Requirements:
- Customer must have a PEF facility limit.
- Customer should submit a complete and accurate transaction application (in accordance with the bank's standards), affixed with sufficient stamp duty, and signed by an authorized signatory.
Risks
Customer's failure to ship the goods may cause the Customer being unable to settlement PEF's obligations.
Simulation
The following simulation is intended to serve solely as a sample calculation and is not intended to serve as any kind of recommendation.
PT ABC submit an application form for a transaction based on an usance LC. The application is to finance the purchase of raw materials to meet an order.
| LC Value | USD 1,000,000 |
| Cost of Raw Materials | USD 700,000 |
| Disbursement Date | 01 July 2023 |
| Provision/Commission (charged at time of disbursement PEF) | 0,125% flat, min. eqv. IDR 500,000 |
| Sample calculation: 0.125% x USD 700,000 = USD 875 |
|
| Disbursement amount PEF (01 July 2023) | USD 700,000 – USD 875 = USD 699,125 |
| Date of Presentation of LC | 30 August 2023. Document presentation worth USD 1,000,000 |
| Interest (paid at settlement PEF) | 7% p.a Sample calculation: USD 700,000 x 7% x 60/360 = USD 8,167 |
| Settlement (as of August 30, 2023) from the proceeds of the export bill takeover | Settlement Amount USD 700,000 + USD 8,167 = USD 708,167 |
| Any remaining proceeds from the export bill takeover (if any) will be credited to the customer's account, as follows: USD 1,000,000 – USD 708,167 = USD 291,833 |
Disclaimer
- This summary serves solely as informational material on products and services for prospective customers/current customers and is not intended as an official offer of any product and/or service.
- The customer is required to read, understand and sign the transaction application form.
- The information provided in this Product and Service Information Summary is valid until such time as it is changed or updated.
- Customers are required to read and understand the product as described in this Product and Service Information Summary before submitting an application form and other documents, and for additional information may inquire with Bank staff or at Mandiri Call on 14000 or +6221 52997777 (International), press 4 for language selection.
Key Features
- Provision of upfront payment with recourse to Customer against export bills.
- Export bill financing is self-liquidating, where the source of transaction settlement is funds from the sale of goods/services as the underlying transaction.
Benefits
- Supports customer liquidity through export bill financing (export draft) on behalf of the customer.
- Assists in customer business development as the obtained funds can be used for customer business needs.
- Enhances customer competitiveness in the eyes of counterparties by offering payment deferrals without disrupting customer cash flow.
- Minimizing the potential non-payment from the Issuing Bank of the Letter of Credit (LC) / Domestic Documentary Letter of Credit (SKBDN) due to discrepancy, with our document preparation services.
Fees & Other Charges
Transaction Fees:
Fees related to Export Bill Financing (Export Draft) is subject to the provisions applicable at PT Bank Mandiri (Persero) Tbk.
Terms and Conditions
Transaction Requirements:
- Customer must have an account with Bank Mandiri.
- Customer must not be listed on the National Blacklist of Check Withdrawers and/or Blank Promissory Notes (DHN) in the Financial Services Authority (OJK)'s Financial Information Service System (SLIK).
- Customer must have trade facilities bills financing facilities.
- Original LC and copy of PEB must be presented (export only).
- Customer must submit an application for each financing transaction.
- Customer must submit such other documents as may be required by the Bank.
Simulation
The following simulation is intended to serve solely as a sample calculation and is not intended to serve as any kind of recommendation.
| LC Billing Document Value | USD 200,000 |
| LC Payment Tenor | 60 days |
| Provision fees borne by the Customer (charged at disbursement) | 0.125% flat, min. eqv. IDR 500,000 |
| Sample Calculation: 0.125% x USD 200,000 = USD 250 |
|
| Interests borne by the Customer (if paid at the time of settlement) | 7% p.a |
| Sample Calculation: USD 200,000 x 7% x 60/360 = USD 2,333 |
Disclaimer
- This summary serves solely as informational material on products and services for prospective customers/current customers and is not intended as an official offer of any product and/or service.
- Customers are required to read, understand and sign the transaction application form.
- The information provided in this Product and Service Information Summary is valid until such time as it is changed or updated.
- Customers are required to read and understand the product as described in this Product and Service Information Summary before submitting an application form and other documents, and for additional information may inquire with Bank staff or at Mandiri Call on 14000 or +6221 52997777 (International), press 4 for language selection.
Key Features
- Forfaiting facilities can be provided with underlying banker's acceptance for transactions with or without an Irrevocable letter of credit (LC)/SKBDN Usance issued by the issuing bank with a maximum term of 1 (one) year.
- Forfaiting facilities can be provided in IDR, USD, or other foreign currencies as per the Bank's regulations.
- The term of a forfaiting facility per transaction adheres to the term of the banker's acceptance or a maximum of 1 (one) year, taking into account the available commercial line for the issuing bank.
Benefits
- Increasing the customer’s liquidity.
- Assists in customer business development as the obtained funds can be used for customer business needs.
- Enhances customer competitiveness in the eyes of counterparties by offering payment deferrals without disrupting customer cash flow.
Fees & Other Charges
Commission/provision, interest rates, and other fees as per Bank Mandiri's regulations.
Terms and conditions
- Non-Bank Customers should first sign a transaction application.
- Future export documents accepted by the issuing bank, evidenced by original banker's acceptance addressed to the Bank.
- Letter of transfer of rights from non-bank customer to the Bank.
Simulation
The following simulation is intended to serve solely as a sample calculation and is not intended to serve as any kind of recommendation.
| Document Value | USD 1,000,000 |
| Tenor | 60 days |
| Provision (charged at disbursement) | 0.125% flat, max. eqv. USD 2,000 |
| Sample Calculation: 0.125% x USD 1,000,000 = USD 1,250 |
|
| Interest Fee (paid at a discount upon disbursement) | 7% p.a |
| Sample Calculation: USD 1,000,000 x 7% x 60/360 = USD 11,667 |
Disclaimer
- This summary serves solely as informational material on products and services for prospective customers/current customers and is not intended as an official offer of any product and/or service
- The customer is required to read, understand and sign the transaction application form.
- The information provided in this Product and Service Information Summary is valid until such time as it is changed or updated.
- Customers are required to read and understand the product as described in this Product and Service Information Summary before submitting an application form and other documents, and for additional information may inquire with Bank staff or at Mandiri Call on 14000 or +6221 52997777 (International), press 4 for language selection.
For easy access to Trade & Bank Guarantee product information for your business transactions. Contact Mandiri Call 14000 or +6221 52997777 (Overseas), select language, press 4.