Product Treasury English.docx

8/10/2019 Product Treasury English.docx

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OverviewTREASURY PRODUCT

English :

Bank Jatim c o m m i t t e d t o p r o v i d e t h e b e s t f o r c u s t o m e r t h r o u g h

e n h a n c e m e n t o f s e r v i c e s a n d p r o d u c t i n n o v a t i o n . O n e o f t h e m i s

t h r o u g h t r e a s u r y p r o d u c t a n d s e r v i c e s .

O u r T r e a s u r y D e a l e r a r e r e a d y t o s e r v e y o u r f o r e i g n e x c h a n g e

t r a n s a c t i o n w i t h c o m p e t i t i v e p r i c e a l s o t o p r o v i d e h e d g i n g t o

m i n i m a l i z e y o u r e x c h a n g e r a t e r i s k .

T r e a s u r y t e a m o f B a n k J a t i m r e a d y t o s e r v e C u s t o m e r n e e d s w i t h

t h e s u p p o r t o f i n t e g r a t e d n e t w o r k i n g i n s e v e r a l f o r e i g n e x c h a n g e

b r a n c h l i k e S u r a b a y a m a i n b r a n c h , P e r a k B r a n c h , G r e s i k B r a n c h ,

S i d o a r j o B r a n c h , M a l a n g B r a n c h , P r o b o l i n g g o B r a n c h , J e m b e rB r a n c h , B a n y u w a n g i B r a n c h , a n d J a k a r t a B r a n c h .


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Treasury Product

Common Foreign Exchange (Telegraphic Transfer)

Definition

Conversion transaction or exchange foreign currency against IDR, or other currency in

form of common foreign exchange (non cash)

Benefit

With support of todays information technology of Bank Jatim, we can provide fast

services with competitive exchange rate price for customer.

Bank Jatim serve world foreign currency such as USD,GBP, JPY also other

reg ion al cur ren cy such as SGD,HKD,MYR, CNY

Note : - If the number of purchase foreign exchange transactions against IDR is greateramount than USD 100,000 (or its equivalent) must be accompanied by an affidavit

stamped, underlying documents, photocopy of valid ID, and a copy of TIN.


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Treasury Hedging ProductForward Contract

Definition

Conversion transaction or exchange foreign currency against IDR, or other currency in

form of common foreign currency exchange (non cash).

Benefit

To minimalize exchange rate risk for agreed time frame.

With the support of todays Information Technology of Bank Jatim, we can provide

fast services with competitive exchange rate price for customer.

Bank Jatim ser ve wor ld for eig n c urr enc y s uch as USD,GBP, JPY also other

reg ion al cur ren cy such as SGD,HKD,MYR, CNY


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TIME PERIOD

foreign exchange currency transaction against IDR or foreign exchange currency transaction againstother foreign exchange currency with transfer of funds in more than ( 2 ) two until (1) year businessday following

REQUIREMENT

If Customer doesnt have good funds in Bank Jatim Account,Customer are required tohave Treasury Line Facility at Bank Jatim and sign the FX Agreement

ILUSTRATION

Forward

Transaction

Exporters will receive payment in USD (3) three months ahead.To protect the Exporters from possible strengthening of USD

against IDR which can lead to unlimited losses, we can provide

exporters with transaction FX Forward to keep the exchange rate

of USD against IDR at the agreed value using forward rate .


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Treasury Hedging ProductSWAP

Definition

FX Swap is two financial transaction adalah two financial transactions are carried

out simultaneously, with different delivery time. Swap Transaction consist of:

Swap Buy (Sell & Buy) is sales transaction of reference currency with same delivery

time, followed by repurchase reference currency in future t ime

Swap Sell (Buy & Sell) is purchase transaction of reference currency with same

delivery time, followed by resale reference currency in future time

Benefit

In general this transaction is use for arranging different cash flow in two foreign

currency or more

This transaction can also be used to extend the maturity of a sale and purchase

transactions of foreign currency, for example: LC payment extended


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Definition

Treasury Product

Bank Notes

Bank Notes is one of the Bank Jatim treasury product to serve buy or sell foreign exchange for

Customer in the form of physical foreign currency transaction. The following is Foreign

Currency that we serve :

USD GBP EUR SGD JPY HKD CNY SAR AUDBenefit

Available in (8) eight foreign currency with competitive exchange rate

Jangka Waktu

Only applied for buy or sell transaction today (deal and settlement today)

Persyaratan

Customer obligated to sign "Letter of authenticity and procuration " (Letter of lndemnity / LOI)according to standard format specified

If the number of purchase foreign exchange transactions against IDR is greater amount thanUSD 100,000 (or its equivalent) must be accompanied by an affidavit stamped, underlyingdocuments, photo copy of valid ID, and a copy of TIN.


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Definition

Treasury Product

Deposit on Call

Deposit on Call is sav ing in for m of depos i t that can be wi thdraw at any

t ime wi th conf i rmat ion to Bank (1) one day before due date

Manfaat

Competitive DOC Interest Rate

Available in currency IDR and USD

Jangka Waktu

Overnight

1 minggu

2 minggu

3 minggu

4 minggu

Persyaratan

Meet minimum amount of transaction set by Bank Jatim

Customer have sufficient fund in banking account that equal with transaction needed at

any time during the placement of Deposit on Call

Documents

Product Treasury English.docx