Corporate & Institutional Banking
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. Another branch is located in Medan on the island of Sumatra, and in Denpasar - Bali.
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 150 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.