Foreign Exchange Line is non-cash loan facility that is available for hedging. The future foreign exchange is valued based on underlying transaction. It is aimed to minimize losses due to adverse price fluctuations.
Conditions
Foreign exchange line is available for :
- Exporters who have complete and proper business licenses
- Export transaction will be calculated based on underlying transaction
- Maximum period for debt settlement is one year; but it can be extended.
Benefit
- It is designed to minimize risk caused by rupiah depreciation against foreign currencies.
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