Trade Finance iB

Product Information

Pembiayaan Trade Finance iB is here to help companies in the trading industry. With the support of Danamon's extensive and globally recognized network, Danamon Sharia is committed to serving the banking needs of customers in the export and import sectors.

The advantages of Pembiayaan Trade Finance iB are:

  • Extensive network covering more than 400 branches throughout Indonesia
  • Strong cooperation with various well-known financial institutions both domestically and internationally
  • Danamon's personal service that fully understands the needs of Customers related to Sharia Trade Financing Products and Services

Bank Danamon is here to have a comprehensive trade finance solution to meet your working capital and business investment needs. We ensure you get an integrated and competitive Trade Finance solution that complies with Sharia principles.

Import Products

Sharia Financing Against Trust Receipt (FATR)
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Sharia Financing Against Trust Receipt (FATR) is a trade financing product based on Sharia principles with Wakalah bil Ujrah and Mudharabah contracts. For more information please click here.


Sharia Letter of Credit (LC)
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Sharia Letter of Credit (LC) is a product of LC issuance services to Customers in order to meet the needs of purchasing goods or services based on Sharia principles with the Wakalah bil Ujrah contract. For more information please click here.


Sharia Domestic Documented Credit Letter (SKBDN)
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Sharia Domestic Documented Credit Letter (SKBDN) is a SKBDN issuance service product to Customers in order to meet the needs of purchasing goods or services for local/domestic trade based on Sharia principles with the Wakalah bil Ujrah contract. For more information please click here.


Sharia Incoming Collection Services (ICS)
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Sharia Incoming Collection Services (ICS) is a service product where the Bank conducts the process of handling documents and billing based on Sharia principles with the Wakalah bil Ujrah contract. For more information please click here.


Import LC/SKBDN Financing (ILF) Sharia
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Import LC/SKBDN Financing (ILF) Sharia is a financing product of LC/SKBDN to obtain an extension of payment tenor based on Sharia principles with the Wakalah bil Ujrah and Mudharabah contracts. For more information please click here.


Sharia Buyer Open Account Financing (OAF)
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Sharia Buyer Open Account Financing (OAF) is a financing method for bills/invoices that come or have been due to the Customer as a Buyer on the basis of Open Account transactions based on Sharia principles using the Mudharabah contract. For more information please click here.


Open Account Financing (OAF) Buyer of Sharia Money Orders
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Open Account Financing (OAF) Buyer of Sharia Money Orders is afinancing method for invoices or money orders that come or have been due to the Customer on the basis of Open Account transactions based on Sharia principles using the Kafalah bil Ujrah contract. For more information please click here.


Sharia Trade Supplier Financing (TSF)
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Sharia Trade Supplier Financing (TSF) is a financing method to fulfill the Customer's obligations to a Third Party (in this case the Seller), where payment will be made based on written instructions from the Customer using the Kafalah bil Ujrah contract. For more information please click here.


Export Products

Clean LC/SKBDN Negotiation (CLN) and Discrepant LC/SKBDN Negotiation (DLN) Sharia
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Clean LC/SKBDN Negotiation (CLN) and Discrepant LC/SKBDN Negotiation (DLN) Sharia are financing schemes where purchases are made for bills/drafts of LC/SKBDN to LC/SKBDN Issuing Banks based on Sharia principles with Wakalah bil Ujrah and Qardh contracts. For more information please click here.


Letter of Credit / Domestic Documented Credit Letter (LC/SKBDN) Advising Sharia
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Letter of Credit / Domestic Documented Credit Letter (LC/SKBDN) Advising Sharia is a service product of Bank Danamon Indonesia to forward LC/SKBDN received from the Issuing Bank to the Customer based on Sharia principles with the Wakalah bil Ujrah contract. For more information please click here.


Transferable Letter of Credit / Domestic Documented Credit Letter (LC/SKBDN)
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Transferable Letter of Credit / Domestic Documented Credit Letter (LC/SKBDN) is a service product of Bank Danamon Indonesia to forward LC/SKBDN received from the Issuing Bank to another Bank for the purpose of purchasing goods/services to the second Recipient based on Sharia principles with the Wakalah bil Ujrah contract. For more information please click here.


Sharia Seller Open Account Financing (OAF)
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Sharia Seller Open Account Financing (OAF) is a financing method for bills/invoices that come or have been due to the Customer as a Seller on the basis of Open Account transactions based on Sharia principles using the Mudharabah contract. For more information please click here.


Open Account Financing (OAF) Seller of Sharia Money Orders
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Open Account Financing (OAF) Seller of Sharia Money Orders is a financing method for invoices or money orders that come or have been due to the Customer on the basis of Open Account transactions based on Sharia principles using the Wakalah bil Ujrah and Qardh contracts. For more information please click here.


Outcoming Collection Services (OCS) Sharia
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Outcoming Collection Services (OCS) Sharia is a service product where the Bank conducts the process of handling documents and billing based on Sharia principles with the Wakalah bil Ujrah contract. For more information please click here.


Outcoming Collection Financing (OCF) Sharia
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Outcoming Collection Financing (OCF) Sharia is a financing product to the Customer as a Seller on the basis of Outgoing Collection Services (OCS) transactions based on Sharia principles with a Mudharabah contract. For more information please click here.


Sharia Pre-Shipment Financing (PSF)
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Sharia Pre-Shipment Financing (PSF) is a working capital financing product on the basis of Purchase Order or LC/SKBDN based on Sharia principles with a Mudharabah contract. For more information please click here.


Services

Sharia Guarantee
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Sharia Guarantee is a service for issuing a Guarantee by Bank Danamon Indonesia to guarantee the Customer to the Guarantor based on Sharia principles with the Kafalah bil Ujrah contract. For more information please click here.


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