Financing solution for series of export activities, production activities, collection and preparation of goods
Benefit
Broad Network
Broad network all over Indonesia
Various financing alternative
Various financing alternative based that suitable to your business needs
Various kind of business
Able to accommodate various kind of business
Convenient
Provide convenient way to achieve your business target
Fees
Fees and Charges
Prospective borrowers will be charged fees based on BCA’s calculations and analysis, including the following:
Interest calculated based on daily utilization
Credit facility origination fees as determined by the credit decision
Credit facility administration fees as determined by the credit decision. If the credit limit or other facility terms change, administration fees will be charged based on the revised terms.
Notary fees for notarization of the loan agreement.
Fees for notarization and registration of collateral.
Insurance fees for non-cash collateral.
Appraisal fees for non-cash collateral.
Penalties for overdue loans.
Fees that may arise from the processing of credit-related activities, including:
Fees for the return and release of collateral registration documents: IDR 500,000 per registration document.
Storage fees for collateral or security documents belonging to borrowers who have fully repaid their loans: IDR 500,000 per month per borrower.
Note:
The fee information provided above is general in nature and may change depending on the credit decision or other specific terms. Any additional fees arising from the processing of credit applications or other credit-related activities will be charged and communicated through appropriate channels in accordance with applicable laws and regulations.
Simulation
The following is an example of interest calculations for an Export Loan. The commitment and loan period runs from February 1, 2023, to February 1, 2024. The applicable interest rate is 10.25% p.a. 2) with a loan tenor of 10 days. The transactions during February 2023 are as follows:
Invoice Amount (IDR)
Disbursement Date
Due Date
40,000,000.00
4-Feb-23
14-Feb-23
30,000,000.00
7-Feb-23
17-Feb-23
20,000,000.00
27-Feb-23
1-Mar-23
Assuming that the debit from the borrower’s account is successfully processed on each loan due date, the interest calculation is as follows:
Period
O/S
Daily Interest (IDR)
Interest Amount (IDR)
February 1–3, 2023
0.00
0.00
0.00
February 4–6, 2023
40,000,000.00
11,388.89
34,166.67
February 7–13, 2023
70,000,000.00
19,930.56
139,513.89
February 14–16, 2023
30,000,000.00
8,541.67
25,625.00
February 17–26, 2023
0.00
0.00
0.00
February 27–28, 2023
20,000,000.00
5,694.44
11,388.89
Total interest payable as of March 1, 2023
210,694.44
Last updated: March 1, 2023
Notes:
1) This simulation is provided solely as an example of an estimated calculation and does not constitute a recommendation.
2) Interest rates are subject to change at any time depending on market conditions. Any changes will be communicated through BCA’s official information channels.
Important Information
Credit term of 1 year and extendable
Fund withdrawal with a signed application letter (SPPFK) by the debtor equipped with export plan documents
Repayment can be made by debiting the debtor's fund account based on the power of attorney that has been given
Facility realization is done by book transfer to the debtor's account
Requirements for Accessing BCA’s Export Loan
Terms and Conditions for Individuals
Must have legal capacity
Must be an Indonesian citizen
Must not be declared bankrupt or be involved in bankruptcy proceedings
Terms and Conditions for Business Entities
Must be an Indonesian legal entity or business entity
Must comply with its Articles of Association and applicable laws and regulations
Must not be declared bankrupt or be involved in bankruptcy proceedings
BCA Giran Customers
When applying for an Export Loan, the prospective borrower must submit the required legal documents, including:
Borrower Type
Required Documents
Individual
Copy of ID card
Copy of spouse’s ID card*
Copy of Taxpayer Identification Number (NPWP)
Copy of Family Card (Kartu Keluarga)
Copy of marriage certificate*
Copy of divorce certificate or death certificate*
Copy of Property Division Agreement*
Business Entity
Copies of identification documents of the management and shareholders
Copy of Taxpayer Identification Number (NPWP)
Copy of the Articles of Incorporation and all amendments thereto
Copy of the Business Identification Number (NIB), Company Registration Certificate (TDP), or Trading Business License (SIUP)
* If applicable
The application process includes the following steps:
The prospective borrower applies for an Export Loan facility at a BCA branch. If the application is approved, the borrower signs the Credit Agreement (Perjanjian Kredit or PK) and the Collateral Pledge Agreement.
The borrower submits documents evidencing ownership of the collateral to BCA in accordance with the type of collateral provided.
The funds disbursed under the Export Loan facility must be used for export transactions and processed through BCA.
The borrower requests a drawdown of the Export Loan facility by submitting the Application for Credit Facility Drawdown/Payment Extension (SPPFK) – New Drawdown.
The borrower must submit an SPPFK that meets the following requirements:
It must bear the original signature of the borrower, in accordance with the Articles of Association and any amendments thereto, or of an authorized representative.
It must be submitted within the validity period of the Export Loan facility specified in the Credit Agreement.
Prospective borrowers may submit questions or complaints through the following channels:
Contact Us:
Halo BCA 1500888
Email: halobca@bca.co.id
WA: +628111500998
Website: www.bca.co.id
Social Media:
Facebook : GoodLife BCA
Instagram : @goodlifebca
Youtube : Solusi BCA
X (Twitter) : @BankBCA
Key Features, Benefit, and Risks of Export Loan
Key Features of Export Loan
The credit limit is determined based on the borrower’s needs and BCA’s approval
The term of the Export Loan (KE) facility is a maximum of 1 (one) year and may be extended.
Drawdowns under the KE facility are subject to a Letter of Credit (LC), Sales Contract, or Domestic Documentary Credit (SKBDN), unless otherwise specified in the credit approval.
The KE tenor refers to the repayment period for each drawdown, which is a maximum of 180 days or as otherwise specified in the credit approval
Drawdowns under the KE facility may be made as long as the facility term has not expired.
Interest is charged monthly, starting from the loan disbursement date.
The interest rate is floating and may change at any time.
To draw down the KE facility, the export transaction must be processed through BCA, and the export proceeds must be used to repay the KE facility.
The maximum drawdown amount is 85% of the value of the LC, Sales Contract, or SKBDN, or as otherwise specified in the credit approval.
A KE drawdown request must be submitted using a “Letter of Request for Credit Facility Drawdown/Payment Extension” (SPPFK), signed by the borrower and accompanied by the required supporting documents
The KE facility may be disbursed by crediting the borrower’s account.
The repayment period for each drawdown may be extended, provided that it remains within the KE tenor and the maturity date does not exceed the term of the KE facility.
The facility must be repaid in full upon realization of the export transaction, i.e., upon receipt of export proceeds from abroad or proceeds from trade facility financing.
Benefits
Provides financing for borrowers’ pre-shipment export needs.
Interest is calculated based on the actual number of days the credit is utilized.
Offers flexibility to meet export financing needs.
Provides reliable and secure banking services.
Risks
Delays in paying interest or installments will result in late payment penalties and will be recorded in the Financial Information Services System (SLIK) maintained by the Financial Services Authority (OJK).
If the borrower fails to meet the payment obligations as agreed, BCA reserves the right to take action in accordance with the applicable credit terms and conditions.
If the borrower fails to provide proof of export realization or if the export transaction is completed after the relevant drawdown has matured, the applicable Local Credit (KL) interest rate will be charged as follows:
If no proof of export realization is provided, the KL interest rate will be charged from the beginning of the credit period.
If the export transaction is completed after the relevant drawdown has matured, the KL interest rate will be applied from the drawdown’s maturity date until the loan is fully repaid.
Additional Information
The KE facility is disbursed by transferring funds to or crediting the borrower’s account, as specified in the Credit Agreement.
BCA reserves the right to change the benefits, fees, risks, and terms and conditions of this product and/or service. BCA will notify borrowers of such changes through any means and in any form in accordance with applicable regulations, no later than 30 business days before the changes take effect.
To close the Export Loan facility, the borrower must submit a written request to a BCA branch and provide sufficient funds to settle the outstanding loan balance and any accrued interest.
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