Trade Supplier Financing

Trade Supplier Financing is a financial scheme to the chosen supplier where Bank Danamon takes the payment risks of the buyer.

SERVICE BENEFITS

• For the Buyer:
  - Increasing business relationship quality with the Supplier
  - Possibility in payment period extension to the Supplier.
  
• For the Supplier:
  - Gaining fund quicker without any credit facilities or collateral required from the bank.
  

SERVICE RISKS

• Risk for the Buyer:
  Risk of the Supplier do not perform as the agreement. This may be mitigated with signing money order after ensuring the Supplier performance.
  
• Risk for the Supplier:
  Risk of the Supplier will not receive early payment when the Buyer do not accept the money order.
  

SERVICE REQUIREMENTS

Requirements for the Buyer:

1. Having an account in Bank Danamon;
   
2. Signing Credit Agreement for Trade Supplier Financing facility;
   
3. Giving recommendation on the Supplier.
   

Requirements for the Supplier:

1. Having an account in Bank Danamon;
   
2. Reccomended by the Buyer to join the Trade Supplier Financing structure.
   

INFORMATION/CUSTOMER SERVICE

For information/customer service of transaction/banking services, customers may call Hello Danamon on 1-500-090.

SERVICE PRICING

• Pricing for every customer may be different depending on the risk level of the customer. All bill will be debited from the customer’s account.
  
• The total cost will be informed to the customer on the service application and be attached to the signed contract.