Money Market Time Deposit (MMTD) is a deposit in Rupiah and USD that
can be invested in the money market, with disbursements permitted only within a specified period.
Key Features
Available in Rupiah and USD currencies with six flexible term options, namely 1 day (overnight), 1
week, 2 weeks, 1 month, 2 months, and 3 months.
It is Non-ARO (Non-Automated Roll Over), meaning the MMTD expires at the end of the agreed period
and cannot be extended.
Minimum placement of IDR 50,000,000,000 or USD5,000,000.
Received a Notification Letter of MMTD placement as proof of fund placement.
Provides competitive interest rates.
Deposits are not tradable.
Benefits
As a means of customer investment in the future.
Adding alternative investment options for customers in Rupiah and USD.
Customers can find information and offers on bank products and services.
Risks
LPS does not guarantee savings accounts with balances exceeding IDR 2 billion and interest rates
exceeding the interest rate set by LPS.
Potential fluctuations in the MMTD interest rate and the USD exchange rate due to market
conditions.
Potential for failure due to internal system or process issues, external events, and human error.
Requirements and Procedure
Intended for BCA Solitaire/Prioritas customers who are:
Individual Indonesian/Foreigner
Corporate customers include PTs, Firms, CVs, cooperatives, SOEs, foundations, foreign
companies, and non-bank financial institutions.
Have a BCA account (not a joint account) in the customer's name to serve as the source of funds for
MMTD placement.
To open an authorized MMTD, the beneficiary must include a Power of Attorney from the authorized
party.
For corporate customers, company representatives who have the authority to represent the account
opening are required to provide the individual customer's data.
Fees
Fee
The penalty fee for disbursement before maturity is a maximum nominal amount of the current interest.
Simulation
Nominal
Term (Month)
Interest Rates according to Term
Interest Amount
20% Tax
Total Accumulation
IDR50,000,000,000
1
4.10%
IDR168,493,150,68
IDR33,698,630.14
IDR50,134,794,521
USD5,000,000
1
3.65%
USD15,000
USD3,000
USD5,012,000
Information:
This simulation is only a tool or example of calculation and is not a reference for the amount of interest
obtained.
Interest rates can change at any time based on market conditions and will be communicated through BCA's
information channels.
Interest = gross interest before tax deduction according to applicable provisions (Assumption: 1 month = 30 days
and 1 year = 365 days).
Total Accumulation = total nominal deposit after interest is added and less tax.
Important Information
Additional Information
Disbursement occurs on the MMTD maturity date, with the amount credited to the customer's MMTD
placement fund source account.
The placement of MMTD in USD currency or foreign exchange purchases with Rupiah funds exceeding
the equivalent of USD 100,000 must be accompanied by underlying documents.
The currency used to place the MMTD must match the source account's currency.
The source of MMTD funds must come from outside BCA, such as a transfer of funds from other
banks when a placement is made (fresh funds).
BCA shall inform all changes to the benefits, fees, risks, terms and conditions of this Product
and/or Service through any means in accordance with applicable legal provisions.
Summary of Product & Service General Information (RIPLAY)
Money Market Time Deposit Service Product Information Summary
Get this Product/Service Information Summary via the link below
Dengan mengklik ‘Lanjutkan’, Anda akan diarahkan menuju website
di luar www.bca.co.id yang tidak terafiliasi dengam BCA dan mungkin
memiliki tingkat sekuriti yang berbeda. BCA tidak bertanggung jawab
dan tidak mendukung, menjamin, mengendalikan konten, mengendalikan
ketersediaan dan perspektif atas produk-produk atau layanan-layanan
yang ditawarkan atau dinyatakan oleh website tersebut.
