Why Outward Remittance?
Competitive fee for 16 currencies such as AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, CNH, SAR, SEK, SGD, NZD, USD, THB & MYR
Fund arrives in the same day to receiver
Receiving full amount of fund without deduction
Needs of foreign currency transfer from domestic or abroad is highly demanded. That’s why BCA presented Outward Remittance with variety of ease and benefit for smooth foreign currency transfer
Local Currency Settlement
Foreign currency remittance services to Japan, Malaysia, and Thailand using the local currencies of IDR, JPY, MYR, and THB: convenient and bankable for trade transactions
Competitive exchange rates and fees as well as extensive coverage of transactions, including:
Payment for imported goods
Payment for imported services, including payments to hotels, medical and educational institutions
Payment for imported goods and services
Transfer of funds from earnings and direct investments
Payment for imported services, including payments to hotels, medical and educational institutions, as well as living costs
Terms and Conditions
|LCS Transaction||Remittance in JPY currency to all banks in Japan||Remittance in THB currency can only be made to all banks in Thailand||Remittance in MYR currency can only be made to all banks in Malaysia||Remittance in IDR currency can only be made to ACCD1) Bank in Japan 5), Malaysia, and Thailand|
|Amount of Foreign Currency Purchase with Mandatory Underlying Transaction||the equivalent USD 25,000||the equivalent USD 200,000;||Any amount|
|Telex Fee||IDR 50,0006)|
|Value Today2) Fee||IDR 30,000|
|Full Amount3) Remittance Fee||For further details on fees for JPY LCS, please contact a BCA branch office.||the equivalent of USD 25||IDR 200,000|
|Commission in Lieu 4)||0.125% x remittance amount (the equivalent of USD 5 min.; USD 150 max.)||Flat USD 57)||-|
|Transactions should be conducted at a BCA branch office|
1)Appointed Cross Currency Dealer (ACCD) Bankmeans a bank designated by the Central Bank to execute LCS transactions.
2)Value Todaymeans the funds are received by the beneficiary bank on the same day.
3)Full Amount : The funds are received in full amount by the beneficiary without any deduction.
4)Provisi in Lieu Lieu means a fee that will be charged by BCA if the currency of the funds you transfer is the same as the currency of the funds to be received by the beneficiary.
5)IDR to JPY remittance service will be available soon.
6)The Promotional Program of Free Telex Fee (worth IDR 50,000) is valid for JPY LCS transactions until 30 June 2021.
7)The Promotional Program of Free Commission in Lieu is valid for MYR and THB LCS transactions until 31 December 2021.
BCA Full Payment
With this foreign currency remittance service, the remittance amounts are received by the beneficiary in full amount without any deduction and at competitive costs. Currently, the BCA Full Payment service is available for the following foreign currencies: USD, SGD, AUD, HKD, DKK, GBP, CAD, and NZD. For each transaction using the BCA Full Payment service, you will get a special gift, namely a Flazz Card that comes with a new logo and a balance of IDR 25,000 for transactions within the period of January - June 2021 (subject to availability)..
Terms and Conditions
|Transaction Currency||Destination Country||Beneficiary’s Account Number||Local Clearing Code||Beneficiary’s Address details|
|USD||United States (US)||17 characters maximum||ABA Number (Electronic/ACH) 9 characters||City, Postal Code, State|
|SGD||Singapore||11 characters maximum||Sorting Code 7 characters||-|
|AUD||Australia||9 characters maximum||BSB Number 6 characters||City, Postal Code, State|
|HKD||Hong Kong||9 characters maximum||Routing Code 6 characters||-|
|DKK||Denmark||14 characters maximum (non IBAN)||Bank Code 4 characters||-|
|GBP||United Kingdom||11 characters maximum (non IBAN)||Sorting Code 6 characters||-|
|CAD||Canada||12 characters maximum||Routing Number 9 characters||-|
|NZD||New Zealand||10 characters maximum||Clearing Code 6 characters||-|
Notes: Full Payment Transactions cannot be made to a Virtual Account Number
For information on the Local Clearing Codes for USD, SGD, and HKD, please click the links below
Disclaimer: We advise that you ask the beneficiary to confirm the correct Local Clearing Code before conducting the transaction. We are not responsible for the accuracy, completeness, and correctness of the information on the Local Clearing Codes provided on the above websites. Any reliance on such information and any decision you make based on the information will be at your own risk and responsibility.
Outward Remittance service in more than 100 foreign currencies (outside the existing 14 foreign currencies). BCA will remit funds in USD and the beneficiary will receive the money in the local currency of the destination country.
The amount received by the beneficiary is based on the applicable Multicurrency exchange rate on the transaction day. The foreign currency remittance service is based on USD and the transaction can only be processed if the remittance is made to the country of the relevant currency (e.g., remitting Taiwan Dollar to Taiwan).
Foreign exchange remittance service in Euro to all countries with ‘full amount’ guarantee, without any fees and charges.
Terms & Conditions:
Foreign currency remittance in dollar currency to banks in China with same-day service. Get the flexibility to conduct remittance transactions to the seven largest banks in China: Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Agricultural Bank of China, Bank of Communications, China Merchants Bank, Shanghai Pudong Development Bank
Terms & Conditions
Foreign currency remittance service in Yuan worldwide
Terms & Conditions
Find nearby BCA branch office for more Remittance info
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