BCA Lender Fund Account (RDL)

Simplify the P2P Lending funding transaction process

Why Choose BCA Lender Fund Account (RDL)?

Ease of Account Opening

Opening an account through the web/application of the P2P Lending Company (without going to Branch Office)

Ease of Fund Deposit

Deposits can be made quickly and securely through BCA e-channels (KlikBCA Individu, KlikBCA Bisnis, myBCA, and BCA Mobile), ATMs, Non-Cash ATMs, BCA counters, and transfers from other banks (BI Fast, LLG, RTGS, Inward Remittance).

e-Statement

e-Statement sent to customer’s email every month

BCA Lender Fund Account (RDL)

About Terms and Conditions Important Information Fees, Limits, and Interest Rates

About


BCA Lender Fund Account (RDL)

BCA Lender Fund Account (RDL) is a mandatory account for transactions with Peer-to-Peer Lending Companies. This account is opened on behalf of the customer/lender through a Peer-to-Peer Lending Company that has cooperated with BCA whose fund management is authorized to the Peer-to-Peer Lending Company.

ADDITIONAL TERMS FOR HOLDER OF LENDER FUND ACCOUNT OF PT BANK CENTRAL ASIA TBK ("BCA")


  1. The Lender Fund Account cannot be opened with a joint account status.
  2. The Lender Fund Account opened in the form of a current account will not be provided with any cheque/Bilyet Giro nor other identification in any form. For Lender Fund Account in the form of a savings account (Tapres), BCA will not issue or provide any proof of ownership for the holder of the Lender Fund Account including PASPOR BCA Card.
  3. All transactions under the Lender Fund Account can only be conducted:
    1. through KlikBCA and/or other means as determined by BCA; and
    2. by the Peer to Peer Lending ("P2P Lending") Company which has been vested with the authority by the holder of the Lender Fund Account to manage the Lender Fund Account
  4. The transaction of crediting funds to the Lender Fund Account through BCA can be conducted through KlikBCA facility, internet/mobile banking, over the counter, and/or through any other means as may be determined by BCA which will be notified by BCA to the holder of the Lender Fund Account in any form and by any means whatsoever.
  5. Any inquiry and request for the balance and transaction history (mutasi) of the Customer Fund Account can only be made by the holder of the Customer Fund Account through the means as provided by the P2P Lending Company and/or through other means as may be determined by BCA which will be notified by BCA to the holder of the Lender Fund Account in any form and by any means whatsoever.
  6. BCA reserves the right to refuse any instructions given by the holder of the Lender Fund Account as long as BCA has not received from the holder of the Lender Fund Account the revocation of the power to manage the Lender Fund Account that has been approved in writing by P2P Lending Company.
  7. The Lender Fund Account can be closed:
    1. by the holder of the Lender Fund Account with the written consent of P2P Lending Company; or
    2. by P2P Lending Company that has been authorized by the holder of the Lender Fund Account to manage such Lender Fund Account.
    The closure of the Lender Fund Account must be carried out through P2P Lending Company that has been authorized by the holder of the Lender Fund Account to manage such Lender Fund Account.
  8. The holder of the Lender Fund Account hereby agrees that BCA shall be entitled to close the Lender Fund Account if among others:
    1. the P2P Lending Company's license is revoked by the competent authorities;
    2. BCA is ordered by to close the Lender Fund Account by the competent authorities in accordance with the prevailing laws and regulations; and/or
    3. The P2P Lending Company is indicated to commits criminal acts or other activities against the prevailing laws and regulations.
    The remaining balance in the Lender Fund Account shall be transferred to the account appointed by the holder of the Lender Fund Account or if instructed otherwise by the competent authorities, to another account appointed by the competent authorities. All accrued rights and obligations of the holder of the Lender Fund Account before the revocation of the P2P Lending Company's license as reffered to in this point 8 shall be settled between the holder of the Lender Fund Account and the P2P Lending Company without involving BCA.
  9. BCA at its sole discretion has the right to refuse the opening and/or close the Lender Fund Account.
  10. The holder of the Lender Fund Account is fully responsible for any consequences arising from the management of the Lender Fund Account by the P2P Lending Company and hereby holds harmless BCA against all kinds of claims, lawsuits, demands, and/or other legal actions of any kind from any party including from the holder of the Lender Fund Account.
  11. Any disputes arising in connection with the management of the Lender Fund Account by P2P Lending Company will be settled by the holder of P2P Lending Company without involving BCA.
  12. This instrument containing Conditions the Additional Terms for the holder of Lender Fund Account BCA constitutes an integral and inseparable part of:
    1. The Terms and Conditions for Holder of Current Account of PT Bank Central Asia Tbk (BCA)
    2. The Terms and Conditions of Tabungan Prestasi ("TAPRES") PT Bank Central Asia Tbk (BCA) and/or any other provisions as may be applicable to the Lender Fund Account
    BCA has given explanation and asked for confirmation from the holder of the Lender Fund Account about the explanation of benefits, fees, and risks related to BCA products above.
  13. In the event of any difference and/or inconsistency between the Additional Terms For Holder of Lender Fund Account of BCA and the provisions as mentioned in point 12 above, then the Additional Terms for Holder of Lender Fund Account of BCA shall apply.
  14. The holder of the Lender Fund Account hereby states that it agrees to be bound by the Additional Terms for Holder of Lender Fund Account of BCA, the provision as set out in point 12 above, provisions concerning Lender Fund Account e-Statement, and other provisions stipulated by BCA in connection with the opening of the Lender Fund Account. BCA may modify such provisions which will be notified by BCA in any form and by any means whatsover in accordance with the prevailing laws and regulations.

Important Information


Requirements and Procedures:

  • Account opening is intended for individual customers (Indonesian and foreigners) and corporations / business entities that already have an account at BCA *
  • Fill out and approve the Application Form for opening a Lender Fund Account.
  • For Corporate/Business Entity Customers, if the management of the corporation/business entity does not yet have a BCA account, the management is required to fill out the Individual Customer Data Form.
  • If the account opening is done by proxy, the proxy customer needs to include a Power of Attorney from the authorized party to open the account.
  • Stamp duty is charged for certain documents when opening a current account.
  • Attach the required documents:

Type of Customer

Required Documents :

  • Identity Card (electronic Resident ID Card (e-KTP) for Indonesian citizens/Passport for foreign citizens)
  • Tax ID Number (NPWP)*, for Indonesian citizens (Optional)**
  • Stay Permit (Limited Stay Permit (KITAS) /Permanent Stay Permit (KITAP)), for foreigner customers only
  • Business Location License (SITU), for Indonesian citizens domiciled in Indonesia and doing business/acting in another’s name (b.d.n)
  • Other documents (only for foreign citizens not domiciled in Indonesia) as may be required under the AML CTF Guidelines and the prevailing laws.
  • Identity Card and Tax ID Number (NPWP) of all members of the Company’s Boards
  • Identity Card and Tax ID Number (NPWP) of all Shareholders
  • Deed of Establishment
  • Articles of Association
  • Deed of Amendment (if any)
  • Deed containing the composition of the current boards of the company
  • Letter of validation, approval, and/or receipt acknowledgment of notice issued by the Minister of Law and Human Rights
  • Business Identification Number (NIB)
  • Other permits and licenses ***
  • Identity Card and Tax ID Number (NPWP) of all members of the Cooperative’s Boards Agency NPWP
  • Tax ID Number for Non-Individual Entity
  • Deed of Establishment
  • Articles of Association
  • Document containing the latest composition of the current boards of the Cooperative that has been registered with the Ministry/institutions in charge of Cooperatives
  • Business Identification Number (NIB)
  • Other permits and licenses***
  • Identity Card and Tax ID Number (NPWP) of all members of the Cooperative’s Boards Agency NPWP
  • Tax ID Number for Non-Individual Entity
  • Deed of Establishment
  • Articles of Association
  • Deed containing the composition of the current management of the partnership that has been registered with the District Court or the Minister of Law and Human Rights
  • Business Identification Number (NIB)
  • Other permits and licenses***
  • Identity Card and Tax ID Number (NPWP) of all members of the company’s boards Deed of Amendment (if any)
  • Tax ID Number for Non-Individual Entity
  • Documents to be authenticated by the local Notary Public and registered with the Indonesian Embassy:
    • Deed of Establishment dan Articles of Association
    • Resolution of Board of Director or Power of Attorney
    • Current composition of the company’s boards
  • Business Identification Number (NIB)
  • Other licensing documents *** required of a representative office of a foreign company in Indonesia
  • Identity Card and Tax ID Number (NPWP) of all members of the Foundation’s Boards
  • Tax ID Number for Non-Individual Entity
  • Deed of Establishment
  • Articles of Association
  • Deed of Amendment (if any)
  • Deed containing the composition of the current boards of the company
  • Letter of validation, approval, and/or receipt acknowledgment of notice issued by the Minister of Law and Human Rights
  • Business Identification Number (NIB)
  • Registration Certificate issued by the competent authority (only for a social foundation established in DKI Jakarta)
  • Other permits and licenses ***
  • Identity Card and Tax ID Number (NPWP) of all members of the company’s boards
  • Tax ID Number for Non-Individual Entity
  • Regional Regulation/Regulation of the Head of a Government Agency/Decision of the Head of a Government Agency on the formation/establishment of State-Owned Public Service Company/Regional Government-Owned Public Service Company
  • Composition of the management boards/ letter of appointment/ letter of assignment from the Head of a Government Agency to the official appointed to open a bank account
  • Business Identification Number (NIB)
  • Other permits and licenses ***
  • Identity Card and Tax ID Number (NPWP) of all members of the management boards
  • Tax ID Number for Non-Individual Entity
  • Deed of Establishment
  • Articles of Association/Bylaws
  • Proof of validation from the Ministry of Law and Human Rights (if a legal person)
  • Current composition of the management boards
  • Operational license from the competent authority (only for those conducting business and earning profit or raising funds from the public)
  • Registration Certificate from the competent authority (only for a social association established in DKI Jakarta)
  • Identity Card and Tax ID Number (NPWP) of all members of the management boards
  • Tax ID Number for Non-Individual Entity
  • Deed of Establishment
  • Articles of Association/Bylaws
  • Proof of validation from the Ministry of Law and Human Rights
  • Current composition of the management boards
  • Identity Card and Tax ID Number (NPWP) of all members of the management boards Agency NPWP
  • Tax ID Number for Non-Individual Entity
  • Deed of Establishment
  • Articles of Association/Bylaws
  • Proof of registration of the Religious Institution from the Directorate General for Community Guidance under the Ministry of Religious Affairs
  • Current composition of the management boards and the letter of appointment/ratification of the incumbent members of the management boards
  • Identity Card and Tax ID Number (NPWP) of all members of the Management
  • Tax ID Number of the Ministry/State Agency
  • Articles of Association/Bylaws
  • Deed of Amendment (if any)
  • Approval Letter containing the register number and approval for account opening signed by the Director General of Treasury/State Treasury Service Office (KPPN)
  • Decision letter regarding the establishment of the Ministry/Ministerial Agency or Work Unit
  • Decision letter regarding the appointment of the head of the Ministry/Ministerial Agency or Work Unit
  • Power of Attorney signed by the official authorized to represent the owner of the Ministry’s Account to the Director General of Treasury/ KPPN
  • Identity Card and Tax ID Number (NPWP) of all members of the Management
  • Tax ID Number for Non-Individual Entity
  • Regulation of the Head of the Government Agency or Decision Letter of the Head of the Government Agency regarding the formation/establishment of the relevant agency
  • Composition of the management/ letter of appointment/ letter of appointment from the Head of the Government Agency to the official designated to open an account

Notes:

* Special online RDL opening is only valid for Individual Indonesian customers who already have an identity card with the type of RDL opened is Tapres.

** TIN is required for Current account type.

*** Information on other licensing documents as follows.

  • Corporate customers with NIB documents issued before February 2, 2021, need to prepare an operational license from the authorized agency.
  • Corporate customers with NIB documents issued since February 2, 2021 and moderate to high risk levels, it is necessary to prepare other licensing documents that refer to the Risk-Based Business Licensing Documents of PP No. 5 of 2021.
  • Specifically for business entities engaged in finance, financing institutions, insurance, and such, they are required to provide business license documents from the authorized agency that oversees each business entity, such as the OJK, BI, BAPPEBTI.
  • Bank entity customers are required to provide an AML/CFT/WMD document along with other supporting documents following the applicable provisions at BCA.

Customers can ask questions and lodge complaints via the following:

Contact Us:

Halo BCA 1500888
Email: halobca@bca.co.id
WA: +628111500998
Website: www.bca.co.id

Media Sosial:

Facebook : GoodLife BCA
Instagram : @goodlifebca
Youtube : Solusi BCA
X (Twitter) : @BankBCA

Main Features of RDL

  • Opened on behalf of individual customers/non-Bank business entities/Bank business entities and   authorized to Peer To Peer Lending Companies.
  • Account type is Tabungan Prestasi (Tapres)/Current Account.
  • Currency type is IDR.
  • The account cannot be opened for joint account.
  • There is no initial deposit required.
  • There is no minimum balance requirement.
  • There is no retained balance.
  • The account cannot be closed automatically.
  • There is not subject to dormant status.
  • There is no Bank Draft/BCA Passport Card/electronic banking provided
  • Provided with competitive interest rates in accordance with applicable regulations. For details of interest rates please check www.bca.co.id. 
  • The deposit interest rate that is eligible for the deposit insurance scheme follows the applicable interest rate set by the Indonesia Deposit Insurance Corporation (Lembaga Penjamin Simpanan or LPS), which can be viewed on the website of the LPS.
  • Prioritas service fees cannot be debited.
  • There is no credit celling/overdraft facility provided
  • Monthly bank statement is sent to the Customer in the form of e-Statement.

Benefits

  • Balance and transaction information can be accessed through the Peer to Peer Lending Company Application.
  • e-Statement sent to customer's email every month.

Risks

  • The Peer To Peer Lending Company has the authorized to debit and credit funds from/to RDL.
  • Customers cannot debit funds from RDL directly without going through the Peer To Peer Lending  Company.
  • The Customer’s deposits will not covered by the insurance scheme by the Indonesia Deposit Insurance Corporation (LPS) if: 
    • The total balance of all the deposits (including interest) owned by the Customer in one bank exceeds (an equivalent of) Rp2 billion for both individual and joint accounts.
    • The interest rate obtained by the Customer exceeds the deposit insurance interest rate set by the LPS.
  • Fluctuations in in savings / current account interest rates can occur following market developments.

Additional Information

  • Fund deposits can be made faster and safely through BCA e-channels (KlikBCA Individual, KlikBCA Business, myBCA and BCA Mobile), ATMs, Non-cash ATMs, BCA counters and transfers from other banks (BI Fast, LLG, RTGS, Inward Remittance).
  • The savings interest will be credited to the Customer’s account at the end of the relevant month.
  • A decrease in the interest rate will result in a reduction in the interest amount received by the Customer.
  • Customers apply for RDL closure through Peer To Peer Lending and are not charged an account closure fee.
  • The Bank has the right to change the benefits, fees and charges, risks, including the terms and conditions for this product and/or service, and such change will be notified by BCA in any form and through any means in accordance with the applicable law.
  • The Customer may receive offerings for other products from other parties outside of the Bank that have entered into a cooperation agreement with the Bank, if the Customer gives consent to BCA to provide the customer’s data to such other parties that have entered into a cooperation agreement with the Bank.
  • The Customer may receive offerings for the Bank’s products and/or services or the products and/or services belonging to other parties that have entered into a cooperation agreement with the Bank via personal communication channels, if the Customer gives consent to the Bank to deliver such product and/or service offerings via personal communication channels.
  • All other information regarding the fees and charges, benefits, and risks can be accessed on BCA’s official website BCA at www.bca.co.id.

Fees, Limits, and Interest Rates


Fees

  • Income tax withholding: 20% of the interest amount.
  • Free administration fee and penalty fee
  • Free of account closing fee
  • The transfer fee charged to the Customer when there is an instruction to transfer funds from RDL to another bank through a Peer-to-Peer Lending Company is as follows:
BI Fast LLG RTGS
IDR2,500 IDR2,900 IDR25,000

Notes:

The type of transaction service adjusts to the process run by the Peer To Peer Lending Company.

Interest Rate:

Following the interest rate of Tapres/Giro services in accordance with applicable regulations.

Simulation 1):

Tapres Balance 2) Interest Rate per Year According to Balance 3) Monthly Interest Rate 4)
IDR20,000,000 0.02% IDR328,77
IDR100,000,000 0.09% IDR7,397,26
IDR600,000,000 0.12% IDR59,178,08
IDR1,010,000,000 1.00% IDR830,136,99

Last Amendment: 01 March 2023

Current Account Balance 2) Giro Service 3) Monthly Giro Fee 4)
IDR1,500,000 0.50% -
IDR2,500,000 0.50% IDR1,027,405)

Last Amendment: 01 October 2022

Remarks:

1) This simulation is intended to provide the customer with an estimate calculation only and is not meant to give any recommendation. 

2) Position of the monthly average balance of the RDL

3) Interest rates may change at any time in line with market conditions and the change will be notified to the Customer via BCA’s information media.

4) Interest rates may change at any time in line with market conditions and the change will be notified to the Customer via BCA’s information media.

5) Monthly current account services are earned when meeting the monthly average or daily minimum balance of certain Current Account accounts as determined by BCA.