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Mandiri launches dock services payment system
Bank Mandiri inked a cooperation deal with PT Electronic Data Interchange Indonesia to develop Cargolink, a payment system for port customs at the Koja container terminal joint operation
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ank Mandiri inked a cooperation deal with PT Electronic Data Interchange Indonesia to develop Cargolink, a payment system for port customs at the Koja container terminal joint operation.
The online-based transaction system will allow companies, which hold Bank Mandiri accounts, to pay for custom-related fees such as export-import duties, handling fees and insurance fees electronically.
"We hope it will accelerate transactions as well as [be] more efficient for companies in managing their financials, also to ease transaction payments to the Koja container terminal," said Bank Mandiri's commercial and business banking director Sunarso on Wednesday.
The Cargolink system will be integrated with Bank Mandiri's cash management services, thereby allowing Koja container terminal to receive payments in real time from sailing companies for their services, forwarding agents and others. The state-owned bank is targeting 102 companies that frequently use the Koja container terminal.
