Surat Kredit Berdokumen Dalam Negeri (SKBDN)
Description
Local SKBDN or L/C is a payment instrument that can be used for domestic trade transactions with characteristics similar to that of L/C in accordance with Bank Indonesia regulations.
SKBDN Benefit
- Increases the credibility of the applicant as it offers a guarantee of payment from the Bank.
- Serves a bridge for trade as it provides security for both parties when making transactions.