The mission of Bank Chinatrust Indonesia is to provide high quality services by offering an expert financial advice from Foreign Exchange dealing to Money Market investment, based on customers need and preference. Driven by our deep commitment to give the best of our services, all of our well-equipped dealers are always ready to serve you with the most competitive prices/ rates based on the market fluctuation.
We constantly strive to keep you up to date with the foreign exchange international and regional markets through our daily “MARKET UPDATES” that you can access in the front page of our website, which gives you a brief analysis of the financial ongoing in the market and helps to take an informed decision at the right time.
If you are not yet have an account in BCI, our Customer Service will be very pleased to help you.
OUR PRODUCTS
FOREIGN EXCHANGE
The Foreign Exchange market is a non-stop cash market where currencies of nations are traded. Foreign exchange market conditions can change at any time in response to real-time events. The rate at which they are exchanged is called the exchange rate.
BCI provides 2 kinds of rates:
- Counter Rate (for transaction below equivalent 10,000 USD)
- Special Rate (for transaction equivalent and above 10,000 USD)
- Today/Cash (TOD Transaction)
Today Foreign Exchange contract is a required obligation to buy or sell a certain amount of currency against another currency at the current market rate, in the same day settlement.
- Tomorrow (TOM Transaction)
Tomorrow Foreign Exchange is a is a required obligation to buy or sell a certain amount of currency against another currency at the current market rate, for settlement in the next working day after the deal date.
- SPOT Transaction
Spot Foreign Exchange contract is a is a required obligation to buy or sell a certain amount of currency against another currency at the current market rate, for settlement in 2 (two) working days time after the deal date.
Forward Transaction
Forward Foreign Exchange contract is a is a required obligation to buy or sell a
certain amount of currency against another currency at at a pre-agreed rate of exchange
for delivery on a future date (typically within one year).
| FOREX Transaction | Deal Date | Settlement Date | ||
| TODAY | Today |
March 1st, 2007 |
at the same day |
March 1st, 2007 |
| TOMORROW | Today |
March 1st, 2007 |
in 1 (one) working day after the deal date |
March 2nd, 2007 |
| SPOT | Today |
March 1st, 2007 |
in 2 (two) working day after the deal date |
March 5th, 2007 |
| FORWARD | Today |
March 1st, 2007 |
in more than 2 (two) working day after the deal date |
After March 5th, 2007 |
MONEY MARKET
BCI’s Treasury also offers a variety of Money market products, such as conventional deposits, high yield deposits with embedded options, investment in Government Securities and Commercial Paper. One of the strengths of BCI is to provide competitive rates.
Deposit on Call
A very liquid short-term investment instrument that allows you to manage deposit period less than 1 month with attractive interest income based on market condition.
Treasury Dept
Direct No :
+ 62 21 520 3661 – 62
Extension No :
+ 62 21 2557 8787 #8741 #8742 #8744 #8746
Fax No :
+ 62 21 252 6628
Bank Chinatrust Indonesia
Wisma Tamara 17th Floor
Jl. Jend. Sudirman Kav.24
Jakarta 12920
Indonesia
