No

Product Information

Description

1

Product Name

Back to Back

2

Types of Products

Loan Products

3

Issuer Name

Bank SBI Indonesia

4

Main Feature

Credit Facility using Cash Collateral

5

Benefits

Credit facility that is entirely guaranteed with cash collateral in the form of Current Account, Savings Account, Deposit and Standby Letter of Credit from the Prime Bank.  This facility can be used for commercial and consumptive credit.

6

Risk

Failure to pay in accordance with the obligations that have been agreed

7

Requirements & Procedures

The customer fills out and signs the Account Opening Application Form for Back to Back and Customer owns a saving account and current account and follows the terms & conditions applicable at Bank SBI Indonesia and submits Photocopies of KTP/Passport/SIM for Indonesian citizens and KITAS for foreigners, NPWP, and the legality of the company You can submit questions and complaints through the nearest Branch Office and contact the Call Center number listed

8

Charges

Interest Rates

9

Additional Information

Individual & Corporate Customers

10

Simulations and/or historical data, in terms of products and/or services that have funding , lending activities and/or fund management

The balance position at the end of the day of the loans Customer is IDR 1000,000, Interest 5 %, , then the interest payed by the  Customer on that day according is: 10,000 x 5% divided by 360