With the cooperation of EXPORT BILLS FINANCING INSURANCE between PT Asuransi Ekspor Indonesia (Persero) dan PT Bank Commonwealth (COMMONWEALTH Bank), the Indonesian exporters may soon find financing for their export bills outstanding / corporate cash flows can be more smoothly and the level of certainty to obtain payment from the importer to be higher.
At this early stage, the Cooperation Between Asuransi ASEI and Commonwealth Bank limited to product of EXPORTBILLS FINANCING INSURANCE. Asuransi ASEI already has other products that can support a variety of business activities are: Export Insurance; Surety Bond and Insurance Losses General. It could be argued that Asuransi ASEI is the only insurance agency in Indonesia which has the concept of "one-stop service" It is illustrative, and insurance coverage provided by Asuransi ASEI stretched by "cash-to-cash business integrated protection''' are: Surety Bond for Phase Pre-contract, credit insurance at this stage to obtain working capital financing; Insurance Public Loss to protect the assets of production and shipment / delivery of goods and export insurance to protect the certainty of payment of the buyer / importer it.
Through this cooperation, it is hoped that the Indonesian exporters can obtain facilities in obtaining financing, particularly post-shipment financing. With these facilities, at least there are two things that can be obtained: the smooth flow of cash to support the production process and increasing the competitiveness of products of non-oil exports of Indonesia . Improving the competitiveness of exporters obtained for Indonesia will be able to provide payment terms are more lenient to the Importer; even exporters can offer credit terms (defferred payment) up to 180 days from the date of delivery of goods without having to worry about interference to arise cash flow companies.
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