Our Businesses in Indonesia
J.P. Morgan in Indonesia offers products and solutions across:
J.P. Morgan's Indonesian investment banking business encompasses mergers and acquisitions, financial advisory and capital raising operations. The capital markets team is one of the largest among foreign banks in the country. Learn more about the Investment Bank globally.
Cash Equity & Research
The Indonesia Cash Equity business is conducted through the wholly-owned local subsidiary PT JPMorgan Securities Indonesia, which holds a domestic brokerage license and is a member of the Indonesia Stock Exchange. Full brokerage services include sales, sales trading, execution and research services with a global equities platform.
Equity Research provides insight and analysis on the Indonesian economy as well as major listed companies on the stock exchange. Global investors have consistently voted J.P. Morgan as one of the top Indonesian research houses.
Credit & Rates
As part of one of the largest derivatives houses in the world, the J.P. Morgan office in Jakarta offers risk-management solutions including interest rate swaps, interest rate options, FX forwards and FX options, cross-currency swaps and government bonds.
Client Credit Management
Client Credit Management, part of Global Credit Risk Management, has primary responsibility for managing the client credit relationship by ensuring that all credit-related activities for J.P. Morgan's Investment Banking clients are executed, approved, monitored and reported in a manner consistent with the firm's internal policies and guidelines.
J.P. Morgan offers reliable and innovative payables and receivables management services, liquidity and investment management services, trade and commercial card services. The firm continues to build on its core cash management and trade capabilities with innovative solutions that extend the reach of its banking network in unique ways to address the on-the-ground challenges of clients in Indonesia.
Payables and Receivables Management Services
Payables and Receivables Management Services include over-the counter cash in IDR and USD via our Jakarta branch, high- and low-value electronic payments and receipts, FX trading, check payments in IDR and USD, on-site cashier and foreign currency and tax payments. We also offer payment capabilities for handling import and non-import tax obligations.
Foreign Exchange Services
J.P. Morgan is a top-tier liquidity provider in global FX markets, offering competitive pricing across multiple currency pairs in cash and derivatives products. We offer a full spectrum of currency services — from plain vanilla to exotic options, and from major currencies to emerging markets.
J.P. Morgan combines its leading foreign exchange and global funds transfer capabilities to provide clients with convenient ways to handle their foreign currency payments and manage foreign currency exposures. Our local teams ensure we are on hand to respond to our clients with the best service and advice.
Liquidity Management Services
Liquidity services include cash concentration for in-country sweeping and cross-border sweeping services and notional concentration within regulatory guidelines, interest-bearing accounts, time deposits and working capital facilities.
Trade Services include classical trade and structured trade in support of working capital needs. Domestic and cross-border services are available in IDR and foreign currencies, subject to exchange controls.
Electronic Banking Services: J.P. Morgan Channels
J.P. Morgan electronic banking services provide an easy and efficient means to conduct banking communication with J.P. Morgan Indonesia and the global J.P. Morgan network. These services address a broad range of banking needs, including accounts payable, payroll, treasury settlement, cash accounting, and collections management. Supported channels include:
Browser — Initiate web-based electronic payments as well as intraday and end-of-day information reporting.
- Host to host — Integrates with your financial systems to process bulk files for both local and foreign currency payments and other related communications. Includes SWIFT Corporate Access.
J.P. Morgan's robust distribution and risk mitigation capabilities, coupled with its global presence, enable the firm to offer a complete solution for clients. Daily in-country customer service support is provided to clients in English and Indonesian.
Commercial Cards Services
J.P. Morgan offers corporate card services through alliances with local banks. J.P. Morgan facilitates the application process between clients and local banks for clients who have U.S. and/or EMEA card programs with J.P. Morgan and are expanding the programs to APAC.
J.P. Morgan is a direct member of BI-RTGS and SKNBI, for high-value and low-value transactions respectively, as well as the Jakarta check clearing system.
J.P. Morgan Investor Services (IS) safe keeps, values, clears and services securities and portfolios for investors and broker/dealers. The business is a global leader in providing innovative solutions, helping clients in more than 90 markets optimize efficiency, mitigate risk and enhance revenue through custody and investor services as well as securities clearance and collateral management offerings.
J.P. Morgan offers a comprehensive range of core and specialized investment products above and beyond competitive offerings. IS can tailor solutions specifically to our clients' needs, combining a wide range of products with the market-leading services of a top-tier investment bank.
The firm provides corporate banking services to large corporations, financial institutions and public sector organizations and partners with businesses across J.P. Morgan to meet clients' needs in financing, risk management, working capital, cash management and investments.
* These products are only available to corporate clients. They are not for individuals.