Government Measures to Mitigate Covid-19 Risk
Principles of Domestic Non Deliverable Forward (DNDF) Transaction
Bank can perform DNDF Transactions as follows:
Transaction between:
III
Bank Customer
III
Can only be
performed to
hedge rupiah
exchange rate
risk.
1. Must have Underlying Transactions:
X
Including all following activities :
a.
b.
C.
Trade of goods and services
Investments, loans, capital, and other
investements.
Banks credit or financing in foreign currencies
(specifically for transactions between bank and
customers)
Excluding following activities:
a.
b.
C.
d.
e.
f.
g.
Bank Indonesia certificates;
Placement of funds with bank;
Unwithdrawn credit facilities;
Documents of foreign currencies sales againts
rupiah;
Money transfer by fund transfer companies
Intercompany loan
Money changer activities.
Bank Foreign Party
III III
2. Nominal of DNDF Transactions ≤ Nominal of
Underlying Transactions
3. Tenor of DNDF Transactions ≤ Tenor of Underlying
Transactions
Bank - Bank
Source: Bank Indonesia
127View entire presentation