Overview

TREASURY PRODUCT
English :
Bank Jatim c o m m i t t e d t o p r o v i d e t h e b e s t f o r c u s t o m e r t h r o u g h
enhancement of services and product innovation. One of them is
through treasury product and services.
Our Treasury Dealer are ready to serve your foreign exchange
transaction with competitive price also to provide hedging to
minimalize your exchange rate risk.
Treasury team of Bank Jatim ready to serve Customer needs with
the support of integrated networking in several foreign exchange
branch like Surabaya main branch, Perak Branch, Gresik Branch,
Sidoarjo Branch, Malang Branch, Probolinggo Branch, Jember
Branch, Banyuwangi Branch, and Jakarta Branch.

Treasury Product
Common Foreign Exchange (Telegraphic Transfer)
Definition
Conversion transaction or exchange foreign currency against IDR, or other currency in
form of common foreign exchange (non cash)
Benefit
With support of todays information technology of Bank Jatim, we can provide fast
services with competitive exchange rate price for customer.
Bank Jatim s e rve wo rld f o re ig n c urrenc y suc h as USD,GBP, JPY also other
regional currency such as SGD,HKD,MYR, CNY
Note : - If the number of purchase foreign exchange transactions against IDR is greater
amount than USD 100,000 (or its equivalent) must be accompanied by an affidavit
stamped, underlying documents, photocopy of valid ID, and a copy of TIN.

FX TOM & SPOT

Time Period
Tom Transaction is foreign exchange currency transaction against IDR or foreign exchange currency
transaction against other foreign exchange currency with transfer of funds in ( 1 ) one business day
following
Spot Transaction is foreign exchange currency transaction against IDR or foreign exchange currency
transaction against other foreign exchange currency with transfer of funds in ( 2 ) two business day
following
Requirement
If Customer doesnt have good funds in Bank Jatim Account, Customer are required to
have Treasury Line Facility at Bank Jatim and sign the FX Agreement

FX Today
Time Period
Today Transaction is foreign exchange currency transaction against IDR or foreign exchange
currency transaction against other foreign exchange currency with transfer of funds in same
business days
Requirement
Today Transaction is cash basis which means good fund are available at customer
account in Bank Jatim

Treasury Hedging Product

Forward Contract
Definition
Conversion transaction or exchange foreign currency against IDR, or other currency in
form of common foreign currency exchange (non cash).
Benefit
To minimalize exchange rate risk for agreed time frame.
With the support of todays Information Technology of Bank Jatim, we can provide
fast services with competitive exchange rate price for customer.
Bank Jatim s e rve wo rld f o re ig n c urrenc y su ch as USD,GBP, JPY also other
regional currency such as SGD,HKD,MYR, CNY

TIME PERIOD
foreign exchange currency transaction against IDR or foreign exchange currency transaction against
other foreign exchange currency with transfer of funds in more than ( 2 ) two until (1) year business
day following
REQUIREMENT
If Customer doesnt have good funds in Bank Jatim Account, Customer are required to
have Treasury Line Facility at Bank Jatim and sign the FX Agreement
ILUSTRATION

Forward
Transaction
Exporters will receive payment in USD (3) three months ahead.
To protect the Exporters from possible strengthening of USD
against IDR which can lead to unlimited losses, we can provide
exporters with transaction FX Forward to keep the exchange rate
of USD against IDR at the agreed value using forward rate.

Treasury Hedging Product

SWAP
Definition
FX Swap is two financial transaction adalah two financial transactions are carried
out simultaneously, with different delivery time. Swap Transaction consist of :
Swap Buy (Sell & Buy) is sales transaction of reference currency with same delivery
time, followed by repurchase reference currency in future time
Swap Sell (Buy & Sell) is purchase transaction of reference currency with same
delivery time , followed by resale reference currency in future time

Benefit
In general this transaction is use for arranging different cash flow in two foreign
currency or more
This transaction can also be used to extend the maturity of a sale and purchase
transactions of foreign currency, for example: LC payment extended

TIME PERIOD
Time Period more than (2) days until (1) one year

REQUIREMENT
If Customer doesnt have good funds in Bank Jatim Account, Customer are required to
have Treasury Line Facility at Bank Jatim and sign the FX Agreement
ILUSTRATION

To reduce exposure to exchange rate risk in the next 7 months, exporter need FX
swap on an agreed value swap rate, where the exporter in the next 2 days still
require USD for operational needs or payment, but will receive payment from the
importer in the form of USD in 7 months ahead

Treasury Product
Bank Notes
Definition
Bank Notes is one of the Bank Jatim treasury product to serve buy or sell foreign exchange for
Customer in the form of physical foreign currency transaction. The following is Foreign
Currency that we serve :
USD GBP EUR SGD JPY HKD CNY SAR AUD
Benefit
Available in (8) eight foreign currency with competitive exchange rate
Jangka Waktu
Only applied for buy or sell transaction today (deal and settlement today)
Persyaratan
Customer obligated to sign " Letter of authenticity and procuration " (Letter of lndemnity / LOI)
according to standard format specified
If the number of purchase foreign exchange transactions against IDR is greater amount than
USD 100,000 (or its equivalent) must be accompanied by an affidavit stamped, underlying
documents,
photo
copy
of
valid
ID,
and
a
copy
of
TIN.

Treasury Product
Deposit on Call
Definition
Deposit on Call is s a v i n g i n f o r m o f d e p o s i t t h a t c a n b e w i t h d r a w a t a n y
time with confirmation to Bank (1) one day before due date
Manfaat
Competitive DOC Interest Rate
Available in currency IDR and USD
Jangka Waktu
Overnight 1 minggu 2 minggu 3 minggu 4 minggu
Persyaratan
Meet minimum amount of transaction set by Bank Jatim
Customer have sufficient fund in banking account that equal with transaction needed at
any time during the placement of Deposit on Call