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Rayterton - Trade Finance Suite

Trade Finance Suite

The Enterprise Trade Finance Solution is a cutting-edge, mission-critical web-based platform meticulously architected to streamline and revolutionize the complex landscape of global and domestic trade operations. This robust ecosystem serves as the financial nerve center for banking institutions, seamlessly integrating end-to-end transaction processing—from the initial issuance of Letters of Credit (LC) and SKBDN, through the intricacies of Documentary Collections, to the final settlement of Bank Guarantees. By digitizing these traditionally paper-intensive processes, the system bridges the gap between Applicants, Beneficiaries, and Correspondent Banks, creating a unified, transparent, and highly efficient workflow that eliminates operational friction and enhances cross-border connectivity.

The primary objective of this system is to maximize operational velocity while rigorously mitigating the inherent risks of international commerce. It is strategically designed to ensure strict adherence to global compliance standards, thereby significantly reducing discrepancy rates and regulatory penalties. Empowered by advanced capabilities such as automated sanction screening, dynamic credit limit monitoring, and intelligent liquidity forecasting, the solution provides stakeholders with real-time visibility into their trade portfolios. This comprehensive control enables financial institutions to deliver precise, secure, and high-speed trade services that foster trust, drive client business growth, and exceed the evolving demands of the modern global market.

Master Data serves as the core foundation that ensures accuracy, consistency, and control across all Trade Finance transactions. This module centrally manages critical reference data including Buyer and Seller directories, Correspondent Bank profiles (Issuing, Advising, and Confirming), currencies, products and commodities, incoterms, ports, and credit limit configurations. By maintaining a single, validated source of truth, banks can significantly reduce operational errors, strengthen compliance with internal policies and regulatory requirements, and accelerate the processing of Letters of Credit, SKBDN, and Bank Guarantees. Designed for high-volume, multi-branch, and cross-border operations, Rayterton's Master Data module delivers enterprise-level governance, transparency, and scalability for modern trade finance environments.

Trade Finance Suite

Letter of Credit (LC)

Issuing Bank – Letter of Credit (LC)

This module is designed to facilitate import transactions, where the bank acts as a payment guarantor for the customer (Importer). It covers the entire workflow, including application submission, Letter of Credit (L/C) issuance via SWIFT to overseas counterparts, import document verification, and payment settlement. This feature ensures transaction security for customers purchasing goods from abroad.

Application / Transaction Booking

Trade Finance Suite

Manage your entire Letter of Credit application in one streamlined interface. Designed to minimize errors and maximize efficiency.

Key Features:

  • Flexible Trade Terms: Easily define LC amounts, currencies, and payment types (Sight or Usance) to match your contract.
  • Shipment Control: Clearly specify loading ports, discharge destinations, and shipment deadlines to ensure on-time delivery.
  • Transparent Fee Management: Automatically record and calculate all banking costs—including SWIFT fees, commissions, and admin charges—so you know exactly what you are paying.
  • Smart Data Entry: Auto-fill Buyer and Seller details from your directory to speed up the process.

Advising Bank – Letter of Credit (LC)

This module facilitates export transactions by managing Letters of Credit (L/C) received from foreign banks for the customer (Exporter). Its functions include verifying the authenticity of incoming messages, managing export documents, and processing payment claims to the issuing bank. This module helps exporters accelerate the receipt of funds for shipped goods.

Letter of Credit (LC) Receiving (from Issuing Bank)

Trade Finance Suite

Streamline the way you handle incoming Letters of Credit for your export customers. Ensure every export opportunity is captured quickly and accurately.

Key Features:

  • Swift Notification: Quickly record and advise incoming LC details to beneficiaries (Exporters) so they can start production immediately.
  • Critical Date Tracking: Never miss a deadline with clear fields for Expiry Dates and Latest Shipment Dates.
  • Comprehensive Fee Capture: Automatically calculate and track Advising Fees, Courier Charges, and Handling Fees in one place.
  • Export Document Control: Manage the full lifecycle of export documents, ensuring they match the incoming LC terms perfectly.

Report and Dashboard – Letter of Credit (LC)

This module facilitates export transactions by managing Letters of Credit (L/C) received from foreign banks for the customer (Exporter). Its functions include verifying the authenticity of incoming messages, managing export documents, and processing payment claims to the issuing bank. This module helps exporters accelerate the receipt of funds for shipped goods.

This module provides specialized data visualization to monitor international trade business performance. It includes reports on LC issuance volume, fee-based income analysis from export-import transactions, and daily operational SLA monitoring. This module supports management in tracking global market trends and service efficiency.

LC Issuance by Period

Trade Finance Suite

This dashboard provides a visual overview of trade finance performance by displaying the monthly transaction volume, total monetary value trends, and maturity duration profiles. It helps users quickly analyze business activity and financial exposure over specific time periods through easy-to-read charts.

Domestics Letter of Credit
Surat Kredit Berdokumen Dalam Negeri (SKBDN)

Issuing Bank - SKBDN

This module manages the issuance of Domestic Letters of Credit (SKBDN) to facilitate local trade. It focuses on serving local buyers through a payment undertaking mechanism compliant with Bank Indonesia regulations. The module covers instrument issuance, domestic document examination, and interbank payment settlement within Indonesia.

Application / Transaction Booking (Permohonan / Pemesanan Transaksi)

Trade Finance Suite

Optimize your domestic trade operations with a dedicated module for SKBDN. Designed to facilitate secure inter-island trade within Indonesia.

Key Features:

  • Localized Compliance: Built specifically for the Indonesian market, ensuring full adherence to IDR currency regulations and Central Bank (BI) standards.
  • Flexible Payment Terms: Seamlessly configure Sight or Usance (Deferred Payment) terms to match your domestic sales contracts.
  • Domestic Logistics: Accurately track inter-island shipments with specific fields for Indonesian Ports and local transport details.
  • Automated Fee Calculation: Instantly compute and record issuance fees, admin charges, and postage costs specific to domestic trade structures.

Advising Bank- SKBDN

This module is designed to process Domestic Letters of Credit (SKBDN) received from other banks on behalf of local sellers. It includes features for verifying incoming instruments, managing domestic billing documents, and facilitating payment remittance. This module supports the stability of customer cash flows within the domestic supply chain.

SKBDN Receiving (from Issuing Bank) Penerimaan SKBDN (dari Bank Penerbit)

Trade Finance Suite

Empower your back-office to handle incoming domestic guarantees with speed and precision. Ensure your local exporter/seller clients receive their notifications instantly.

Key Features:

  • Instant Notification: Rapidly capture and advise incoming SKBDN details to the Beneficiary, allowing them to initiate shipment without delay.
  • Domestic Compliance: Automatically validates terms against Indonesian domestic trade regulations (PBI) and ensures proper IDR currency handling.
  • Fee & History Tracking: The integrated bottom-panel tables allow for detailed tracking of Advising Commissions, amendment history, and document status updates.
  • Lifecycle Monitoring: Track the SKBDN from the moment it is received (Advised) through to document presentation and final settlement.

Report and Dashboard – SKBDN

This module delivers comprehensive reporting on domestic trade transactions. It allows you to track total SKBDN exposure, monitor revenue from local transactions by branch or region, and analyze payment maturity schedules. This data is crucial for regulatory reporting and evaluating local market strategies.

Transform raw data into actionable insights. This visual dashboard provides a high-level overview of your domestic trade performance, helping you make data-driven decisions instantly.

SKBDN Issuance by Period

Trade Finance Suite

Key Features:

  • Transaction Volume: Visualize monthly issuance trends at a glance to identify peak trading periods.
  • Financial Exposure: Track the total value (IDR) of issued SKBDNs over time to monitor liquidity usage.
  • Risk Profile (Tenor): Analyze the maturity distribution (e.g., <30 days vs. >90 days) to better manage payment schedules and cash flow planning.

Bank Garansi (BG)

Issuing Bank Garansi (BG)

This module manages the issuance of Bank Guarantees to support client project requirements (such as Bid Bonds, Performance Bonds, and Advance Payment Guarantees). It covers the comprehensive lifecycle—from certificate printing and amendment management to claim processing and guarantee settlement upon expiry.

Bank Garansi Issuance

Trade Finance Suite

Protect your business interests and build trust with partners. This module provides a centralized platform to generate, issue, and manage the full lifecycle of your Bank Guarantees (BG) with precision and ease.

Key Features:

  • Versatile Bond Support: Effortlessly issue various guarantee types—including Bid Bonds, Performance Bonds, Advance Payment, and Maintenance Bonds—to meet specific project requirements.
  • Precise Date Management: Mitigate risk by clearly defining critical timelines, including Effective Dates, Expiry Dates, and Claim Periods, ensuring you never miss a validity deadline.
  • Centralized Monitoring: Track the real-time status of every guarantee (Active, Issued, or Released) through a searchable history table, giving you full visibility over your contingent liabilities.
  • Flexible Wording & Clauses: Utilize standard templates or input Special Clauses to ensure the guarantee text meets specific legal and contractual needs.

Report and Dashboard – Bank Garansi (BG)

This module centers on the risk and revenue management of Bank Guarantee products. It encompasses the monitoring of total outstanding exposure, claim status tracking, and guarantee register summaries. This tool empowers banks to effectively control contingent liabilities and maximize premium income.

Trade Finance Suite

Gain an immediate, high-level perspective of your Bank Guarantee portfolio. This dashboard transforms complex transaction data into clear visual insights, enabling smarter risk management and strategic planning.

Key Features:

  • Issuance Trends: Quickly identify peak business months and operational volume with the Issuance Count breakdown.
  • Financial Exposure: Monitor your total contingent liability in real-time with the Issuance Amount tracker, ensuring you stay within approved credit limits.
  • Maturity Profile: Analyze the Tenor Distribution to predict upcoming expiries and manage risk horizons (short-term vs. long-term obligations) effectively.

Ready to fully customize Trade Finance Suite to your needs

Share your transaction rules, policies, workflows and operational bottlenecks. The Rayterton team will prepare a Trade Finance Suite configured with your specific instrument types (LC, SKBDN, BG), approval hierarchies, and risk dashboards that your Trade Ops and Management team can review together.

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