Trade Finance iB

Danamon Sharia Trade Finance comes to help a company in the trading industry. With the support of Danamon wide networking and approved globally, Danamon Sharia commits to serve the Customer banking necessity in export and import business.

Benefits of Sharia Trade Financing by Danamon are:

  • Wide networking, including more than 400 branches in all over Indonesia
  • Strong cooperativeness with various known monetary entities, domestically or internationally.
  • Personal service from Danamon that is understood about Sharia Trade Financing.

Bank Danamon is now having a comprehensive trade finance solution to satisfy working capital necessity and your business investment. We make sure you get the solution of integrated and competitive Trade Finance that is compatible with Sharia fundaments.

Sharia Trade Finance Service

Sharia Product

Contract Description

Bank Revenue

LC/ SKBDN iB

Bank acts as the Customer/Applicant representative (wakalah) to maintain document and transaction payment of import/domestic trading. 

Fee ( Ujrah)

Incoming Collection service iB

A service where the Bank performs document handling and billing

Fee (ujrah)

Outgoing Collection service iB

A service where the Bank performs billing of a seller document to the buyer

Fee (Ujrah)

Bank Gurantee/ SBLC iB

The Bank acts as a guarantor to other side (Kafalah) that the Bank will pay the Customer obligation if the Customer breach the contract.

Fee ( Ujrah)

Shipping Guarantee iB

The Bank acts as guarantor (Kafalah) to take out the product from the Ship without B/L

Fee (ujrah)

FATR iB

Financing to importer customer based on LC/SKBDN, where the bank then giving financing to paid off the LC/SKBDN based on profit sharing contract (modaraba) or selling and buying (murabahah)

Fee (Ujrah) & Profit Sharing/Margin.
 


Sharia Product

Contract Description

Bank Revenue

Preshipment Financing (PSE) iB under LC/ PO

Financing for the exporter customer based on LC/SKBDN or PO, where the bank giving working capital for processing the exported product based on profit sharing contract (Modaraba) or Selling and Buying (Murabahah)

Profit sharing or Margin 

OAF import iB

Financing for the importer customer to buy import goods whether using contract of profit sharing (modaraba) or selling buying (murabahah)

Profit sharing or Margin 

OAF Export iB

Financing for the exporter customer by using commercial bill (PO/Invoice) as underlying with profit sharing contract (modaraba) or selling and buying (murabahah)

Profit sharing or Margin 

Clean LC Negotiation (CLN)

Financing for the exporter by using selling and buying contract (murabahah) of a comply export document presentation. The Bank will take care of document process and collection.

Margin & Fee (Ujrah)

Discrepant LC Negotiation (DLN)

Financing for the exporter by using selling and buying contract (murabahah) of a non-comply export document presentation. The Bank will take care of document process and collection.

Margin & Fee (Ujrah)