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Bank BRI Supports Charcoal Exporters


What is Bank BRI and How It Supports Charcoal Exporters in Indonesia?

Charcoal Newsroom — In the world of international trade, having a reliable and export-friendly bank partner is essential. For many micro, small, and medium charcoal exporters across Indonesia, Bank BRI (Bank Rakyat Indonesia) plays a crucial role in enabling access to international markets and financial services.

But what exactly is Bank BRI? And how can it help your charcoal export business?

 What is Bank BRI?

Bank BRI (Bank Rakyat Indonesia) is one of the oldest and largest state-owned banks in Indonesia. Founded in 1895, BRI focuses on serving UMKM (Usaha Mikro, Kecil, dan Menengah) or MSMEs (Micro, Small and Medium Enterprises) — making it a perfect match for the typical Indonesian charcoal producer.

 How is BRI Related to Charcoal Export?

Indonesia’s coconut shell charcoal and sawdust briquette exporters often rely on BRI for:

1. Export Transaction Accounts

  • BRI provides foreign currency accounts (USD, EUR, etc.)

  • Suitable for receiving international wire transfers (TT Remittance) from buyers

  • Secure and supported by SWIFT banking system

2. Letter of Credit (L/C) Services

  • For buyers using L/C as payment method, BRI can act as the advising or negotiating bank

  • Ensures safety for both buyer and seller in large export transactions

3. Working Capital Loans for Exporters

  • BRI offers KUR Ekspor (Special Export Loans)

  • Helps charcoal producers finance raw material, labor, and shipping costs

  • Especially helpful before peak seasons or large orders

4. Online Trade Services

  • Through BRI Trade Online, exporters can manage trade documents, monitor transactions, and apply for financing

  • Helps streamline the export process with digital convenience

5. Partnership with Government Export Programs

  • BRI supports exporters in programs like LPEI/Eximbank Indonesia and Kemendag’s UMKM Go-Export

  • Sometimes offers zero-interest credit schemes or mentoring

Why Charcoal Exporters Prefer BRI

  • Accessible: Available even in rural production areas like Blitar, Banyuwangi, or Sumbawa

  • Familiar with UMKM needs: Understands the structure of small and medium charcoal producers

  • Strong international network: Facilitates secure global payments

  • Government-backed: Ensures trust and transparency

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