BSM Clearing

Documentary collection to another bank where the drawee bank is based in the same clearing area.

Characteristics:

  • The proceeds of clearing is credited to the customer’s account or transferred to the customer’s account with other bank
  • Rupiah currency
  • The Bank is only the recipient of order and represent (wakalah) the customer, if the documents are rejected by the drawee bank, Bank Syariah Mandiri will not be responsible therefor.

Targeted Customers:

  1. Individuals.
  2. Entities/legal entities.