As an import export company, you need a banking partner to facilitate your trade activities. BCA Trade is ready to be your trusted partner who can support your trade transactions.
Advantages of BCA Trade
- We have a range of product options and financing services to accommodate your needs
- A vast network supported by 1961 corresponding banks around the world
- Support from our branch offices connected on-line throughout Indonesia
- Trade transaction process system that is secure and state of the art
- Competitive transaction fees
- Available in 14 currencies
- One Day Service to process requests (subject to fulfillment of requirements)
We can help you expand your trade business:
BCA Trade offers post-shipment financing facilities in order to fulfill your company's cash flow needs
Payment in advance based on Sight L/C bill
Payment in advance based on Usance L/C bill
In order to fulfill the import needs for your company, BCA Trade can issue various types of L/C including:
- Sight L/C
- Usance L/C
- UPAS L/C
- Red Clause L/C
- Transferable L/C
- Mixed Payment L/C
- Confirmed L/C
- SKBDN (Domestic Letter of Credit)
BCA Trade also provides a SKBDN service for your company's domestic trade needs. If you are a Buyer, we can issue various types of SKBDN according to your needs. If you are a Seller, we offer an SKBDN installment discount in order to assist your cash flow needs.
- Bank Guarantee and Standby L/C
If your company is required to submit a bank guarantee for a business transaction, BCA Trade can issue various types of Bank Guarantees/ Standby L/C according to your needs. These include:
- Bid Guarantee
- Payment Guarantee
- Advance Payment Guarantee
- Performance Guarantee
- Maintenance Guarantee
- Customs Guarantee
- Counter Guarantee
To enjoy the benefits offered by BCA Trade, you need to fulfill the following requirements:
- Become a BCA Giro Customer (either Rupiah or Foreign Currency).
- Provide SIUP, TDP, NPWP, Company Establishment Certificate and any amendments thereto.
- Use one of the foreign currencies that BCA transacts in
- For importers, possess an importing license (API/APIT)
- For L/C issued for importers or SKBDN, have a LC/SKBDN limit with installments according to applicable regulations.
The World's Largest Banks Are Now Trapped
By Gary North
The subprime mortgage crisis constitutes the worst banking error in my lifetime. Nothing else comes close.
It has visibly begun to unravel. The European Central Bank on Tuesday, December 18, opened a line of credit of $500 billion to commercial banks.
The Federal Reserve System under Greenspan was the prime instigator. It forced down short-term interest rates by supplying the overnight bank-to-bank loan market with sufficient liquidity to drop the rate to 1%. This encouraged banks to make loans at low rates.
These loans were short-term loans
Banks Financing Mexico Gangs Admitted
In Wells Fargo Deal
Just before sunset on April 10, 2006, a DC-9 jet landed at the international airport in the port city of Ciudad del Carmen, 500 miles east of Mexico City. As soldiers on the ground approached the plane, the crew tried to shoo them away, saying there was a dangerous oil leak. So the troops grew suspicious and searched the jet.
They found 128 black suitcases, packed with 5.7 tons of cocaine, valued at $100 million. The stash was supposed to have been delivered from Caracas to drug traffickers in Toluca, near Mexico City, Mexican prosecutors later found
I'm beginning to think that we have been lied to
We have been brainwashed into thinking Politicians are protecting the American people. They're really protecting the interests of the largest corporations, and the wealthiest individuals in this country. That's right, We are dying for them. Big Oil (keep that foreign crude flowing, morons - we're almost done constructing the Trans-Afghani Pipeline. Too bad another 8 soldiers will be blown to pieces today)! Big banks - who promote war, as they finance the death and destruction! And let's not forget the Military-Industrial Complex - remember, Eisenhower warned us about these bastards!
The last time I looked, no one from al Qaeda is looking to do me any damage
Yuan begins trading against the rouble
SHANGHAI - China started allowing the yuan to trade against the Russian rouble in the interbank market from Monday as policymakers promote the currency's use in global trade and finance.
The move will help "facilitate bilateral trade between China and Russia and help develop yuan trade settlements," according to a statement published on the website of the China Foreign Exchange Trade System (CFETS), a subsidiary of the People's Bank of China.
The central bank calculates the daily reference rate by taking an average of quotes from commercial banks designated to act as market makers, the statement said