e-Deposito

Easy way of investment in your daily activity

Why e-Deposito?

Convenient

Transactions can be made anytime, anywhere, without going to the branch office

Practical

E-Deposito don’t have a Deposit slip, therefore no need to worry about lose the slip

Secure

Interest is automatically transferred to fund source and receive a notification email upon opening or redemption (make sure your e-Banking email is updated)

e-Deposito

About Important Information Fees, Limits & Interest Rates Terms and Conditions Get the Product

e-Deposito

e-Deposito is a time deposit product accessible through BCA channels.

Important Information


Terms and Procedures:

  • Own one of the Rupiah Savings or Rupiah Giro accounts at BCA to be used as a fund source for e-Deposit debit purposes. 
  • For inquiries and complaints: 

Contact us: 
Halo BCA 1500888 
E-mail: halobca@bca.co.id 
WA: +628111500998 
Website: www.bca.co.id 

Social Media
Facebook: GoodLife BCA
Instagram: @goodlifebca
Youtube: Solusi BCA
Twitter: @BankBCA

Features, Benefits, and Risks of e-Deposito

Key Features of e-Deposito:

  • Placement starts from Rp8,000,000
  • Flexible choices of terms of 1, 3, 6, or 12 months.
  • Competitive interest rates. For details on interest rates, see the “Fees, Limits and Interest Rates
  • The guaranteed interest rates adhere to the prevailing interest rates on Deposit Insurance Corporations (LPS) webpage.

Benefits:

  • Serve as an easy and flexible futures investment.
  • Freedom to choose a preferential extension, such as:
    • Automatic deposit extension with interest credited to fund source (ARO)
    • Automatic deposit extension with interest summed up each time the account is rolled over (ARO Plus)

Risks:

  • LPS does not guarantee your e-Deposito if the balance is more than Rp2,000,000,000 or exceeds the LPS-guarantee interest rate.
  • If you redeem your deposit before maturity, the current interest is not payable
  • If your e-Deposito is not redeemed at maturity, your funds will be deposited for the same period according to the applicable interest rate.

Simulation

Placement 

Tenor

Interest based on Tenor*

Interest**

20% Tax

Total Accumulation***

10,000,000 

1 month

1.90%

15,616 3,123 10,012,493

Note:
* Interest rates may change according to the prevailing regulations
** Interest = gross interest before tax according to the prevailing regulations (Assuming 1 month = 30 days)
** Total accumulation = total amount of e-Deposit plus interest after tax

Additional Information

  • Deposit interest will be credited based on the type of e-Deposit extension as follows:

    Types of e-Deposit

    Interest Credit

    ARO

    Credited to the designated account every month according to the maturity date

    ARO Plus

    Credited to the deposit account at maturity and its initial interest will be summed up when the account is rolled over

  • Redemption of e-Deposit can be done through the app by clicking immediate redemption or redemption at maturity button. 
  • Redemption of e-Deposit cannot be done on the same date as the placement date.
  • The Bank is required to notify all changes to the benefits, costs, risks, terms, and conditions of these Products and Services by mail or through other means pursuant to the prevailing terms and conditions. Such notification will be made 30 days prior to the effective date.
  • The interest rates of e-Deposit applied are according to the prevailing regulations at BCA and may change at any time following the market conditions and such changes will be notified through BCA information facilities.
  • For every offer and subscription of other products, BCA will first ask the customer for approval to provide customer data to third parties.
  • Information about fees, benefits, and risks is available on www.bca.co.id

Disclaimer (important note)

  • Bank may reject the application for e-Deposit if they do not fulfill the applicable terms and conditions.
  • The customer has read and understood the e-Deposit product according to the Product Summary.
  • This Product Summary is not part of the application for opening an e-Deposit account.
  • Customers are required to read and understand the application for opening an e-Deposit account.
  • Information included in the Product Summary is valid until the new amendment related to the e-Deposit in this Product Summary is made.
  • Customers are required to carefully read this Product Summary before agreeing to the opening of an e-Deposit account. Customers may rightly ask a Bank employee or call Halo BCA at 1500888 for any inquiries or complaints related to the Product Summary.

Fees, Limits, and Interest Rates

Interest Rate


Rupiah Deposit

Currency Interest Rate (% p.a.) / Period (month)
1 3 6 12
IDR < 2Bn 1.90 1.90 1.90 1.90
IDR ≥ 2Bn - < 5Bn 1.90 1.90 1.90 1.90
IDR ≥ 5Bn - < 10Bn 1.90 1.90 1.90 1.90
IDR ≥ 10Bn - < 25Bn 1.90 1.90 1.90 1.90
IDR ≥ 25Bn - < 100Bn 1.90 1.90 1.90 1.90
IDR ≥ 100Bn 1.90 1.90 1.90 1.90

Effective from January 20, 2020

Note: amount in Rupiah (IDR)

Minimum Deposit

Rp8,000,000

Fee


  • Income Tax Fee: 20% of the Deposit interest.
  • Floating interest is not payable if withdrawal is made before maturity
  • Monthly interest transfer fee: Free.

Terms and Conditions

TERMS AND CONDITIONS FOR E-TIME DEPOSIT

PT BANK CENTRAL ASIA Tbk. (“BCA”)

A. DEFINITIONS

  1. e-Time Deposit means a Time Deposit denominated in Rupiah opened through the application provided by BCA.
  1. Time Deposit means a deposit that can only be withdrawn at the specified time as agreed upon between the Depositor and BCA.
  1. Depositor means an individual or a non-individual entity that owns an e-Time Deposit at BCA.
  1. Placement Date means the date on which the funds for placement in the e-Time Deposit has been received in good funds by BCA from the Depositor.
  1. Interest Maturity Date means the date on which interest on the e-Time Deposit is paid by BCA.
  1. Maturity Date means the maturity date of the e-Time Deposit.
  1. Interest Day means the number of days for the calculation of the e-Time Deposit interest to be paid by BCA to the Depositor.
  1. Source Account means the Depositor’s account from which the initial amount for placement into the e-Time Deposit is debited by BCA. The Source Account must be linked to the application provided by BCA, which is used to open the e-Time Deposit. The Source Account must be denominated in Rupiah and must not be in the form of a joint account with the status of "AND" or "OR".
  1. Interest Payment Destination Account means the Depositor’s account to which the e-Time Deposit interest is credited by BCA.

 

B. TERMS AND CONDITIONS FOR E-TIME DEPOSIT

  1. The owner of the e-Time Deposit must be the same as the owner of the Source Account.
  1. The e-Time Deposit cannot be opened in the form of a joint account with the status of "AND" or "OR".
  1. The e-Time Deposit can only be opened with the status of Automatic Roll Over (ARO) principal or ARO principal + interest.
  1. BCA does not issue any certificate (bilyet) for the e-Time Deposit. The Depositor can check the status of the Depositor’s e-Time Deposit placement or liquidation either by email or through the application provided by BCA.
  1. The e-Time Deposit cannot be used as security/collateral for a credit facility.
  1. The e-Time Deposit can only be liquidated into the Source Account. If for any reason the Source Account cannot receive the proceeds of the e-Time Deposit liquidation, among others, because the Source Account is closed or blocked, the Depositor may designate another account in the name of the Depositor at BCA (not bearing the status of a joint account), for the purpose of the crediting of the proceeds of the e-Time Deposit liquidation and the e-Time Deposit interest.
  1. The e-Time Deposit interest can be paid either on the Interest Maturity Date or on the Maturity Date. The interest is calculated from the Placement Date to the Maturity Date with the Interest Day calculation in accordance with the applicable provisions.
  1. If the Maturity Date falls on a holiday, the Maturity Date will be deemed to fall on the following business day. Accordingly, the placement/opening date of the e-Time Deposit is not always the same as the Maturity Date.
  1. The e-Time Deposit will be automatically rolled over with the condition as selected at the time of the e-Time Deposit placement and with interest at the rate applicable at the time of the renewal.
  1. If the Depositor opens an e-Time Deposit with the ARO principal condition and if for any reason the e-Time Deposit interest cannot be credited to the Interest Payment Destination Account, among others, because the Interest Payment Destination Account is closed or blocked, the Depositor remains entitled to earn the e-Time Deposit interest, which will be paid. to the Depositor when the Depositor liquidates such e-Time Deposit with the ARO principal condition. However, no interest will paid on the e-Time Deposit interest that cannot be credited to the Interest Payment Destination Account.
  1. The e-Time Deposit cannot be liquidated on the Placement Date of the e-Time Deposit.
  1. If the Depositor intends to liquidate the Depositor’s e-Time Deposit, the Depositor may choose any one of the following methods for liquidating e-Time Deposits:
    1. immediate liquidation of e-Time Deposit, namely the e-Time Deposit is liquidated not on the Maturity Date; or
    2. liquidation of e-Time Deposit on the Maturity Date. If the Depositor selects ‘liquidation of e-Time Deposit on the Maturity Date’, such request for liquidation on the Maturity Date is irrevocable, but the Depositor can change the liquidation method to ‘immediate liquidation of e-Time Deposit’.
  1. BCA has the right to not pay interest on the e-Time Deposit if the Depositor liquidates the e-Time Deposit not on the Maturity Date.
  1. The Depositor is required to liquidate the e-Time Deposit if the Depositor wishes to close all of the Depositor's accounts at BCA.
  1. The e-Time Deposit can only be liquidated through the application provided by BCA or through any other facility that will be notified by BCA in any form and by any means in accordance with the prevailing law.
  1. The Depositor hereby authorizes BCA to provide the Depositor‘s data to any party other than BCA that has entered into a cooperation agreement with BCA, for promotional activities or other commercial purposes.
  1. The Depositor’s funds at BCA are guaranteed by the Indonesia Deposit Insurance Corporation (Lembaga Penjamin Simpanan, or “LPS”) to the extent of the maximum limit stipulated by the LPS. The LPS does not guarantee any deposit with interest at the rate exceeding the maximum interest rate stipulated by the LPS.
  1. As long as the Depositor still has outstanding debts of any nature to BCA under any credit facility, L/C, bank guarantee or guarantee provided by the Depositor (borgtocht), interest, facility fee (provisi), Cheque/Bilyet Giro book charges, stamp duty, draft, letter of acceptance or other commercial papers signed by the Depositor as an acceptor, endorser, or drawer, guarantor or as a consequence of the use of a credit card or any other fees or obligations arising from anything whatsoever, BCA is entitled, and to the extent necessary is hereby authorized by the Depositor to debit the Depositor’s account and apply the proceeds to repay any amounts at any time owing to BCA. Any consequences arising from the debiting of the account under the power granted by the Depositor shall be the sole responsibility of the Depositor.
  1. In the event of the Depositor’s death, BCA may request any documentation of heirship as required by BCA as the basis for liquidating the e-Time Deposit owned by the deceased Depositor and paying the same to the rightful beneficiary(-ies) as specified in the documentation of heirship. Once the e-Time Deposit owned by the deceased Depositor has been liquidated and paid to the rightful beneficiary(-ies) or attorney(s)-in-fact as specified in the documentation of heirship, BCA is released and forever discharged from any liability whatsoever in connection with the Depositor’s e-Time Deposit.
  1. BCA reserves the right to block the e-Time Deposit, reject any transaction involving the e-Time Deposit, and/or terminate the business relationship with the Depositor if:
    1. the Depositor fails to comply with the prevailing law;
    2. the Depositor fails to provide any information and supporting documents required under the prevailing law;
    3. the Depositor is known to have used and/or reasonably suspected of using false documents and/or providing incorrect data to BCA;
    4. the Depositor provides questionable information; and/or
    5. the Depositor’s source of transaction funds is known to emanate from and/or reasonably suspected of emanating from a crime.
  1. The data concerning the e-Time Deposit at BCA will be held and stored by BCA in accordance with the prevailing law.
  1. BCA will offer certain products/services provided by BCA and any other party that has entered into a cooperation agreement with BCA via personal communication channels. If the Depositor refuses to get such offer, the Depositor can contact Halo BCA.
  1. By opening the e-Time Deposit, the Depositor is bound by and agrees to these Terms and Conditions for BCA e-Time Deposit. BCA may at any time amend these Terms and Conditions for BCA e-Time Deposit, and such amendment will be notified by BCA in any form and by any means in accordance with the prevailing law.

 

C. COMPLAINTS HANDLING

  1. Any complaints to BCA in connection with the e-Time Deposit may be lodged by the Depositor with any BCA branch office or with HALO BCA. For the purpose of handling such complaint, BCA may ask the Depositor to provide BCA with a copy of the Depositor’s identity card and other supporting documents.
  1. BCA will respond to such complaint in accordance with the prevailing law.
  1. Any complaints relating to the e-Time Deposit account must be lodged by the Depositor with BCA within no later than 3 (three) months of the transaction date.

 

D. DISPUTE RESOLUTION

  1. The Depositor agrees that any dispute or difference of opinion arising from and/or in connection with the implementation of these Terms and Conditions for BCA e-Time Deposit between the Depositor and BCA will be resolved in an amicable manner.
  1. Any dispute or difference of opinion that cannot be amicably resolved between the Depositor and BCA will be resolved through banking mediation facilities at Bank Indonesia or the Financial Services Authority or by means of mediation through an Alternative Dispute Resolution Institution included in the List of Alternative Dispute Resolution Institutions stipulated by the Financial Services Authority.
  1. Any dispute or difference of opinion that cannot be resolved in an amicable manner and/or by means of mediation as described in item 2 above will be resolved through the District Court of Central Jakarta, without prejudice to BCA's right to file a suit or claim through any other District Court within the territory of the Republic of Indonesia.

The Depositor hereby confirms that the Depositor fully understands and agrees to the Terms and Conditions for e-Time Deposit of PT BANK CENTRAL ASIA Tbk ("BCA") as described above and that BCA has provided sufficient explanation and sought the Depositor’s confirmation of the Depositor’s understanding of the benefits, charges and fees, and risks associated with the e-Time Deposit account

 

These Terms and Conditions for e-Time Deposit of PT BANK CENTRAL ASIA Tbk (“BCA”) have been adjusted to ensure compliance with the prevailing laws and regulations including Regulations of the Financial Services Authority

 

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Time Deposit Simulation

Placement Amount

Rp

Rp 8 millionRp 100 billion

Tenor

month

1 month12 month

Interest Rate

%

Interest

Rp 0

Tax of interest 20%

Rp 0

Total of Time Deposit Accumulation

0

Note: this calculation is only an investment simulation aid and is not intended to provide any recommendations
Asumming: 1 month = 30 days, and 1 year = 365 days