Rincian Transaksi Ekspor (RTE) Reporting
In regards to Bank Indonesia’s regulation no 13/20/PBI/2011 related to Incoming Proceed from Export Transaction ( Devisa Hasil Ekspor ) and Disbursement of Off-shore Loan ( Devisa Utang Luar Negeri ) to be effective date on 2nd January 2012, we herewith advise the reporting procedure for Rincian Transaksi Ekspor ( RTE ) in Bank OCBC NISP.
Under the regulation, Exporter is obliged to submit Pemberitahuan Ekspor Barang (PEB) and to notify the incoming proceed from the related export transaction ( Devisa Hasil Export ) through domestic Foreign Exchange Licensed Bank ( Bank Devisa Nasional ) for further reporting to the Central Bank.
The PEB and DHE reports are prepared using the Rincian Transaksi Eksport (RTE) format. Exporter is accountable to submit accurate and complete information in the RTE Report and is responsible to provide all necessary supporting documents. Bank Indonesia will apply diciplinary action as stated under PBI no. 13/20/PBI/2011 Bab 5 pasal 1 for false reporting.
For further information related to PBI no. 13/20/PBI/2011 , please contact Call OCBC NISP 500 - 999 0r HP 66 -999
Click to download :
Bank Indonesia's Regulation no 13/20/PBI/2011
RTE (Export Transaction Details) Report Form
RTE (Export Transaction Details) Reporting Guidelines
Summary of PBI 13/20/PBI/2011
- LC Advising
Advising Export Letter of Credit (LC) issued by our correspondent banks to Beneficiary.
- Transferable LC
Letter of Credit ( LC ) that specifically allows transfer from the original Beneficiary to one or more second Beneficiary
- Negotiation under LC / SKBDN (Surat Kredit Berdokumen Dalam Negeri )
Financing by Bank OCBC NISP for exporter/seller based on presentation of export documents based on the LC / SKBDN received.
- Non LC Financing (D/A & D/P)
Short term facility by Bank OCBC NISP to finance Non LC - export documents (Non LC Export Document) to exporters/sellers upon presentation the export documents.
- Pre Export Financing
A short term financing facility to customers prior to delivery of goods. Bank OCBC NISP offers exporter working capital financing to produce and deliver goods to their importer/buyer based presentation of LC or PO acceptable to Bank OCBC NISP. The Pre Export Financing is offered as part of a full benefit trade financing cycle which also includes the Post Shipment Financing ( Negotiation under LC / SKBDN ).
Without recourse financing of export documents under Usance LC after acceptance received from Issuing Bank / Accepting Bank.
- LC Confirmation
Payment undertaking by Bank OCBC NISP ( Confirming Bank ) on LC / SKBDN issued by other bank.
- Bills Rediscounting
Receivable purchase/sell in the form of drafts ( Bill of Exchange ) at a discount to/ from the negotiating bank.
- Banker’s Acceptance
Short term financing ( up to 180 days ) with recourse basis provided by financing bank ( Bank OCBC NISP or other banks )with trade related transactions as underlying.
- Clean Negotiation
The purchase by Bank OCBC NISP under complying presentation of document under LC.