Bank Guarantee | OCBC

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Bank Guarantee

Written undertaking under local regulation (PBI-Peraturan Bank Indonesia) to guarantee specific transaction, giving assurance to the guaranteed party.

Demand Guarantee

Issuance of guarantee subject to international rules (URDG 758)

SBLC

Issuance of guarantee subject to international rules (ISP 98)

Other Advantages

Various Option

Issuance of Guarantee in accordance with business needs

Reputable

Good reputation with vast connections with overseas correspondent bank

Trustworthy

Transactions are handled by professional and experienced staff

Terms

General Requirements for Issuance of Corporate Bonds:

Has been operating for at least 3 (three) years
Equity of at least IDR 20 billion
Generating business profit for the last 1 (one) year
Registration Statement has been Effective
The financial statements have been audited by a Public Accountant registered with Bapepam for the last 3 (three) consecutive years with at least obtaining a Qualified Opinion (WDP)
Securities rating results from Securities rating agencies registered with Bapepam are at least BBB (investment grade).

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