Standard Chartered's presence in Indonesia dates from 1863,
and we have good branch coverage relative to most other
foreign banks. Standard Chartered Indonesia has five branches
on the island of Java. The main branch is located in Jakarta,
the capital city of Indonesia and is supported by the branch
offices in Bandung, Semarang and Surabaya. A fifth branch
is located in Medan on the island of Sumatra.
Bank Indonesia is the country's Central Bank. It is responsible
for the monetary policy and regulation and administration
of the banking system and oversees all banks, serving also
in the capacity of the lender of last resort in the market.
The currency of the country is the Indonesian Rupiah, signified
by IDR or Rp. (SWIFT Code IDR). Indonesia has neither foreign
exchange controls nor prohibitions on liquidity capabilities
such as sweeping, netting and pooling. Both residents and
non-residents are free to open and operate accounts in IDR
and in foreign currencies. Central Bank regulations however
prohibit credit facilities, including overdrafts, for non-residents.
Standard Chartered fully understands the importance of time,
convenience and efficiency to the success of your business.
We aim to make a complex financial world easy for you and
help you maximise your opportunities.
With over 140 years of experience in the trade finance business
and an extensive international branch network, we provide
a comprehensive range of flexible and innovative services
wherever in the world you do business. We are committed
to helping you succeed in a competitive environment. Our
products and services are constantly evolving to keep pace
with your needs and to fit the way you do business.
Please feel free to talk to us or email us on your business
requirements and we can give you innovative solutions to
your banking needs.