Trade Commodity Financing

Commodity Trade Financing is a Bank Danamon facility that utilizes the collateral management arrangement with a trusted third party collateral manager in financing inventory and/or raw materials process into finished goods stored in a controlled environment.

BENEFITS OF SERVICES

Benefits for the Applicant:

  • Releasing the Applicant from cash constraints until he/she obtains a payment from the sale of goods.
  • Utilizing the availability of commodities in applying for financing facilities.

RISK OF SERVICES

Risk for the Customer:

  • The risk of inventory being lost from the warehouse, this can be mitigated using the Collateral Manager.

SERVICE REQUIREMENTS

Requirements for the Applicant:

  1. Have an account with Bank Danamon.
  2. Sign a Credit Agreement for Trade Commodity Financing facilities.
  3. Sign a Collateral Management Agreement (CMA).

INFORMATION/COMPLAINTS SERVICES

For information/complaints services for banking transactions/services, the customers can contact Hello Danamon at 1-500-090.

SERVICE FEES

  • Costs for each customer may vary depending on the customer's risk level. All costs will be directly debited from the customer's account.
  • The amount of the total cost will be informed to the customer at the time of submitting the service and contained in the signed agreement.