Surat Kredit Berdokumen Dalam Negeri/Letter of Credit
Easy Business Agreement with SKBDN
Promise of payment from BTN to the beneficiary/recipient if the recipient submits the appropriate documents
Surat Kredit Berdokumen Dalam Negeri (SKBDN)
Available in 4 types of service, namely SKBDN issuance, SKBDN forward, and SKBDN financing - SKBDN Usance Discount
Terms & Conditions
SKBDN Issuance
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Have SKBDN ceiling/facility/line of issuance at BTN
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Fill out the SKBDN application form and fulfill the general requirements for SKBDN issuance
SKBDN Forwarding & Discount
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Have a giro/savings account at BTN
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Acceptance from the Issuing Bank for the discount of SKBDN document
Benefits of SKBDN
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ⓘ Ensure the security of payments to exporters and support international trade.
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ⓘ Forwarding rights/claims to smooth payment and risk mitigation to third parties.
Issuance
Fixed Period |
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Increase the credibility of the Buyer/Contractor by providing a payment guarantee for the Seller/Supplier/Sub-Contractor through BTN as one of the state-owned banks |
Guarantee the security payment of the Buyer/Contractor, where payment is only made if the documents received are in accordance with the terms and conditions of SKBDN |
Assist the cash flow of Buyer/Contractor with SKBDN Usance Payable At Sight (UPAS)/Usance Payable At Usance (UPAU) financing at BTN |
Competitive fee |
Forwarding
Fixed Period |
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BTN has a wide network of working units and relationships with correspondent banks in Indonesia |
Gain certainty of Seller/Supplier/Sub-Contractor payment from the Issuing Bank |
Mitigate the risk of non-payment of Seller/Supplier/Sub-Contractor documents from the Issuing Bank because of discrepancies with document preparation and inspection services from BTN |
Assist the cash flow of Seller/Supplier/Sub-Contractor with SKBDN document discount from BTN |
Competitive Fee |
List of Service Fees
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ⓘ Forwarding rights/claims to smooth payment and risk mitigation to third parties.
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ⓘ Ensure the security of payments to exporters and support international trade.
Acceptance
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1SKBDN Forwarding Fee
Type of Fee Fee Original SKBDN not taken by customer IDR 50,000 Original SKBDN taken by customer IDR 150,000 -
2SKBDN Amendment Forwarding Fee
Type of Fee Fee Original SKBDN not taken by customer IDR 50,000 Original SKBDN taken by customer IDR 150,000 -
3Document Fee
Type of Fee Fee Document Inspection 0.125% of document value min. IDR 150,000,- In-town Document Delivery IDR 50,000 Out-of-town Document Delivery IDR 150,000
Issuance
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1SKBDN Issuance Fee
Type of Fee Fee Increase SKBDN value 0.125/3 months min. IDR 150,000 Extension of SKBDN period 0.125/3 months min. IDR 150,000 Other changes IDR 150,000 -
2Document Fee
Type of Fee Fee Document Acceptance 1% p.a. min. IDR 200,000 -
3SWIFT Transfer
Type of Fee Fee Short (1 page) IDR 50,000 Long (more than 1 page) IDR 100,000
Find Answers to Your Questions
Surat Kredit Berdokumen Dalam Negeri (SKBDN) is a written and irrevocable promise issued by the Issuing Bank upon instruction from the Applicant to pay the sum of money to the Beneficiary as long as the terms and conditions stated in the SKBDN are fulfilled.
SKBDN, based on the payment term, consists of SKBDN Sight, Usance, UPAS, and UPAU.
The benefits of SKBDN are:
- Increase the credibility of the Exporter to the Importer
- Payment is more secure because it is made through the Issuing Bank that has verified and validated the documents required
- Documents are guaranteed because the required documents have passed verification and validation from the Issuing Bank
- Increase the credibility of the Exporter to the Importer
- Payment is more secure because it is made through the Issuing Bank that has verified and validated the documents required
- Documents are guaranteed because the required documents have passed verification and validation from the Issuing Bank