Produk Perbankan Corporate Bank

Transkripsi

1 Produk Perbankan Corporate Bank Rudy Tandjung 22 January

2 Daftar Isi Apa itu cash management? Cash Management: Solusi terpadu Solusi untuk Tata Kelola Piutang (Collections) Solusi untuk Tata Kelola Pembayaran (Payments) Infrastruktur Cash Management di Asia Electronic Banking Securities Services Market Update Funds Administration Trade Tujuan Strategis Nasabah 2

3 Apa itu Cash Management? PENJUALAN INVESTASI JANGKA PENDEK TATA KELOLA PIUTANG (COLLECTIONS) TATA KELOLA LIKUIDITAS REKENING OPERASIONAL TATA KELOLA LIKUIDITAS TATA KELOLA HUTANG (PAYMENTS) PINJAMAN JANGKA PENDEK PEMBELIAN INFORMASI 3

4 Cash Management Solusi Terpadu Solusi payables Solusi Receivables Liquidity & Investments Pembayaran domestik, cek, giro, RTGS, dll. Pembayaran Cross-Border Solusi pembayaran jasa pihak ketiga Jasa Rekonsiliasi Jasa penyimpanan cek/giro mundur Jasa pengambilan uang tunai Pooling Concentration Netting 4 Didukung oleh: Media penyampaian informasi berbasis internet yang aman, Integrasi jasa ke ERP (Enterprise Resource Planning) dan sistem pembukuan nasabah Tim profesional yang berpengalaman untuk menangani nasabah

5 Solusi untuk Tata Kelola Piutang 5

6 Studi Kasus - Solusi untuk Tata Kelola Piutang LATAR BELAKANG Perusahaan XYZ bergerak di bidang telekomunikasi seluler Mempunyai jumlah nasabah hampir 3 juta pelanggan Nasabah dapat membayar tagihan bulanan dengan beberapa cara: tunai, pengiriman, uang, ATM, dan kartu kredit MASALAH XYZ mengalami kesulitan dalam merekonsiliasi pelanggan yang sudah membayar dengan cara pengiriman uang melalui kliring Nasabah tersebut seringkali tidak mencantumkan nama dan nomor pelanggan pada kolom Keterangan/Pesan di formulir transfer. 6

7 Studi Kasus - Solusi untuk Tata Kelola Piutang SOLUSI Produk yang dapat langsung mengenali nama dan nomor nasabah pada saat nasabah mengirim uang melalui kliring. Produk yang dapat memberikan laporan nasabah-nasabah yang sudah melakukan pembayaran. 7

8 Studi Kasus - Solusi untuk Tata Kelola Piutang MANFAAT Pengelolaan informasi tepat waktu dan penyederhanaan proses rekonsiliasi untuk keperluan perhitungan arus uang yang lebih baik Pengelolaan piutang yang lebih nyaman dan efisien Integrasi dengan sistem tata kelola piutang nasabah 8

9 Solusi untuk Tata Kelola Pembayaran 9

10 Studi Kasus - Solusi untuk Tata Kelola Pembayaran LATAR BELAKANG Perusahaan ABC bergerak di bidang ritel pakaian dan mempunyai kantor cabang di seluruh Indonesia. ABC menjual lebih dari tiga ribu jenis pakaian yang di pasok dari lebih 500 suppliers Pembayaran dilakukan ke 500 suppliers dalam jangka waktu mingguan MASALAH ABC membayar supplier-nya dalam bentuk cek yang mana harus ditandatangani oleh Dir. Keuangan Dir. Keu nya menghabiskan waktu terlalu banyak menandatangani cek-cek tersebut 10

11 Studi Kasus - Solusi untuk Tata Kelola Pembayaran SOLUSI Produk yang mampu menangani pembuatan cek secara aman tanpa membebani waktu Direktur Keuangan Perusahaan ABC Produk yang mampu membuat check secara elektronik sehingga jumlah transaksi tidak menjadi rintangan dalam melakukan jadwal pembayaran 11

12 Studi Kasus - Solusi untuk Tata Kelola Pembayaran MANFAAT Meningkatkan produktivitias dengan cara menggunakan jasa pihak ketiga dalam menangani solusi tata kelola pembayaran Memberikan kemudahan dengan menawarkan integrasi terpadu untuk tata kelola treasury yang lengkap Beralih dari proses pembayaran yang bersifat manual ke otomasi untuk mempermudah melakukan pembayaran dalam skala besar dengan upaya yang minimum. Memberikan informasi yang tepat waktu untuk keperluan rekonsiliasi yang lebih baik 12

13 Electronic Banking 13

14 Internet Banking Produk Jasa Layanan Elektronik yang terintegrasi, dengan beragam kemampuan yang tersedia untuk keperluan transaksi Cash Management, Trade dan Securities. Fitur utama : Produk yang beragam Platform yang seragam dan dapat diakses dari mana saja Keamanan yg berlapis Advice bagi si penerima Offline Authorization Dapat diintegrasikan dengan sistem keuangan klien (SAP, JD Edwards,dll) 14

15 Aliran Transaksi Elektronik E- banking Server Prepare Authorize Release Txn Jaringan Internal Bank SWIFT VALAS Network IDR Bene Banks Kliring Bank s Operation SKEJ / RTGS Bank Indonesia Beneficiary 15

16 Aliran Transaksi Elektronik SAP / Oracle Server Jaringan Internal Bank E- banking Server Users SWIFT Network VALAS Bank s Operation Kliring IDR SKEJ / RTGS Bank Indonesia Bene Banks Beneficiary 16

17 Aspek Keamanan Berlapis 1 Login ID and Authentication Dynamic Password using Safeword Card 2 3 Access Control: Function segregation (Maker / Auth / Releaser) Transaction / Product Type limitation Account Number limitation Transaction Amount Access Days / Time / Hours Session Encryption Providing Data Privacy and Integrity using 128 bit Financial Institutional Encryption Standard 4 Intrusion Detection System CD System is equipped with an audit and alarm system that enable the identification of unauthorized and inappropriate attempts to use CitiDirect. 17

18 Infrastruktur Cash Management di Asia 18

19 Cross Border Funds Transfer Domestic Funds Transfer Book Transfer ~ Same Branch Advice to Receive WorldLink On-site Check (1) Worldlink Remote Check (1) PayLink GIRO PayLink Payroll PayLink Check (Local Currency) PayLink Check (USD) Other PayLink Check WL Factory Check Invoicing: Citibank e-billing Collections: Citibank SpeedCollect Financing: Receivables Financing Program Reconciliation - Invoice Level: Citibank Lockbox Infrastruktur Cash Management di Asia Kemampuan Citigroup: Tata Kelola Pembayaran dan Piutang PEMBAYARAN ACH (2) Credit/GIRO Check (3) PIUTANG Australia Y Y Y Y Y Y Y Y Y Y Y - Y Brunei Y Y Y Y Y Bangladesh Y Y Y Y Y Y Y Y China Y Y Y Y Y Y Y Y Y - Y Y Y Hong Kong Y Y Y Y Y Y Y Y Y Y Y Y Y - Y India Y Y Y Y Y Y Y Y Indonesia Y Y Y Y Y Y Y Y Y Y - Y Y - Japan Y Y Y Y Y Y Y - Y - Y Korea Y Y Y Y Y Y Y Y Y Y - Y Y - Malaysia Y Y Y Y Y Y Y Y Y Y - Y New Zealand Y Y Y Y Y Y Y Y Y Y - Y Philippines Y Y Y Y Y Y Y Y Y - Y Singapore Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Sri Lanka Y Y Y Y Y Y Y Y Taiwan Y Y Y Y Y Y Y Y Y Y Y Y Y Y Thailand Y Y Y Y Y Y Y Y Y - Y Y Y Vietnam Y Y Y Y Y Y Y - Y Legend: Y Capability Present - Not Applicable or Insufficient Demand

20 Securities Services Market Update 20

21 Indonesian Market Summary As of 2002, the equities market has been fully scripless Currently, Foreign Investors own more than 60% of total equity capitalization Major Changes in the market: Pre Post Inefficient Trading System On-line screen-based trading (400+ locations) Physical Shares Formation of Depositories KSEI Physical Settlements Fully scripless for equities settlement since end of 2002 No STP STP covering brokers, domestic institutional investors and custodians Products Equity, Debt New Products Derivatives, Sec Lending, New type of Mutual Funds Statistics: Listed Companies: 277 JSX Index: 416 IDR Rate to USD: 7,100 Statistics (as of December 30, 2010): Listed Companies: 420 JSX Index: 3,703 IDR Rate to USD: 8,978 21

22 Securities Services Overview Core Services Value-Added Services Settlement Safekeeping Income Collection Corporate Actions Foreign Exchange Reporting Cash Management Market Information Contractual Settlement Assured Income Scorecard/MIS reporting Proxy Voting Funds Administration (NAV Reporting) Compliance Monitoring Performance Measurement Securities Lending 22

23 Flow of Scripless Settlement Payment Bank Payment Bank Custodian Bank Shares KSEI T+3 Shares C/P Custodian or Broker Dealers T+1-T+3 (instruction) DVP Investor Flow of securities Investor T+1-T+3 (instruction) RVP 23 Flow of cash

24 Funds Administration 24

25 Funds Accounting Standard NAV Report Package includes following reports: Net Asset Value Report Portfolio Valuation Report Net Statement of Changes Report Currency Summary Report Realized Gain and Loss Report Outstanding Settlements Report Outstanding Settlements Subscription and Redemption Accrued Expenses Report Accrued Interest on Cash Accounts Report Options Valuation Report Futures Valuation Report 25

26 Regulators and Intermediaries in Indonesia Capital Market Supervisory Agency (BAPEPAM) Ministry of Finance (MOF) Central Bank (Bank of Indonesia) Stock Exchange Securities Companies Depository and Clearing House Securities Reports FX Reports 26 Foreign Investor Custodian Bank

27 Trade Services 27

28 Trade Finance and Services Problems? Buyer/Importer: on time delivery goods as ordered pays if needs are fulfilled expert assistance Banks Function: Credit Enhancement Trade facilitator Financing Seller/Exporter: paid within the agreed time at his own bank and currency prompt payment expert assistance 28

29 Trade Payment Mechanism 1. Cash in Advance payment affected by the importer (buyer), in advance of the receipt of merchandise or services - Most protection for the exporter (seller) - Most expensive for the importer (buyer) 2. Letter of Credit (L/C) 3. Documentary Collection 4. Consignment Title to merchandise is controlled by a consignee and only passed on to the importer (buyer) upon payment Open Account payment affected by the importer (buyer) in the manner specified in the invoice, generally after the receipt of merchandise - Least protection for the exporter (seller) - Least expensive for the importer (buyer)

30 Letter of Credit LETTER OF CREDIT (L/C) A written undertaking by a bank (a credit ) given to Exporter at the Importer s request to effect payment up to a stated amount within a stated time against presentation of a specified document which comply with the terms and condition of the Credit (UCP 500 article 1&2). 3. L/C Issued 8. Payment 2. L/C Application Issuing Bank 7. Docs Sent + Reimbursement Claimed 10. Paid by Importer Released Docs 1. Sales Contract 9. Payment Advising Bank Negotiating Bank 6. Docs to Bank 4. L/C Advised 30 Applicant (Importer) 11. Pick up Goods 5. Goods Shipped Beneficiary (Exporter)

31 Parties to a Letter of Credit Applicant Beneficiary Issuing Bank Advising Bank The party that arranges for the Letter of Credit to be issued, usually the buyer or importer in a commercial transaction or the borrower in a financial transaction. The party named in the Letter of Credit in whose favor the Letter of Credit is issued, usually the seller or exporter in a commercial transaction or the creditor in a financial transaction. The Applicant s bank that issues its undertaking to the Beneficiary in the form of a Letter of Credit. The bank, usually in the Beneficiary s country, which informs the Beneficiary that another bank has issued a Letter of Credit in its favor. 31

32 Parties to a Letter of Credit Nominated Bank Paying Bank Negotiating Bank Confirming Bank A bank named in or otherwise permitted by the terms and conditions of the Letter of Credit to receive a presentation of documents and, if it complies, to give value to the Beneficiary for the presentation against a right to obtain reimbursement from the Issuing Bank. A Nominated Bank is not obligated to act unless it also confirms the Letter of Credit. A Nominated Bank authorized to give value by paying the Beneficiary s presentation of documents. Customarily, a bank nominated to pay is also authorized to reimburse itself in advance of sending documents. A Nominated Bank authorized to give value by negotiating the Beneficiary s draft drawn on another, typically the Issuing Bank. The Nominated Bank which, at the request or with the consent of the Issuing Bank, adds its own undertaking to that of the Issuing Bank. 32

33 Types of L/C Can be discounted; Straight payment Negotiable Non NegotiabIe Exporter s bank guarantees the obligations and liabilities of the Issuing Bank; Exporter remains dependent on the undertaking of the Issuing Bank Pay when documents arrives; Pay at maturity UCP 600 Art.6 Confirmed L/C Unconfirmed L/C Sight L/C Usance L/C 33

34 Letter of Credit Documents : Bills of Lading (B/L) Insurance Certificate Commercial Invoice Inspection Certificate Bills of Exchange (Draft) Advantages : Importer Exporter 1. Increased likelihood of receiving 1. Commercial Risk goods ordered 2. Political Risk 2. Documents must be correct before 3. Transfer Risk payment is made 4. Prompt payment 3. Financing possibilities 5. Pre and Post-Export Financing (Term L/C, TR) possibilities Risks : Importer Exporter 1. Merchandise might not be as it is 1. Documents not comply with the terms goods ordered and conditions of the L/C 2. Bank liquidity problems or sovereign intervention 34

35 Collection Goods are shipped to importer, and exporter sends the shipping documents and draft through importer s bank for payment. Two types of collection : 1. Clean Collection - bank act as mediator only 2. Documentary Collection - bank provide services Two types of documentary collection (URC 522): 1. D/P - Documents Against Payment (at sight) documents are released to importer only after payments 2. D/A - Documents Against Acceptance (at usance) documents are released to importer against the acceptance of payment at a fixed future date 35

36 Documentary Collection Incoming Collection Outgoing Collection 7. Remit Fund Collecting Bank 4. Docs Forwarded Remitting Bank 6. Payment or Acceptance 5. Docs examined by Importer (D/P or D/A) 3. Docs Presented 8.Credit Account 1. Sales Contract 2. Goods Shipped Drawee (Importer) Drawer (Exporter) 36

37 Documentary Collection Advantages: Importer Exporter 1. Can reject documents if not correct 1. Goods shipped when convenient 2. No credit facility needed 2. Bank controls goods 3. If usance, goods can be examined 3. No credit line (EB) needed before payment due date 4. Less costly vs L/C 4. Less costly vs L/C Risks: Importer Exporter 1. No control in quality of goods 1. Non acceptance of goods 2. Non payment/acceptance 3. Political & Cross Border Risk 4. Storage/Demurrage costs 37

38 Trend Pasar dan Tujuan Strategis Nasabah 38

39 Nasabah di mata kami Mencari produk dan layanan yang dapat meningkatkan proses yang tepat guna dan tepat biaya Membuat pilihan antara aktivitas utama vs tidak utama Mencoba mencari cara yang jitu dan terjangkau untuk tetap menjaga dan meningkatkan kinerja usaha Mencari beberapa mitra penting serta solusi yang dapat berdampak langsung terhadap penghematan pengeluaran usaha 39

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