BCA - BCA VISA Corporate

BCA Visa Corporate

BCA Visa Corporate Credit Card

A corporate credit card for active, dynamic corporations of medium to large size, providing ease and flexibility in business transactions.

Key Features

Can make transactions at BCA merchants (onlineand offline) and at BCA ATMs or merchants with the Visa logo.
Can make contactless payments (for cards that already support contactless payments).
Flexible credit limits according to the recommendations or the company's needs.
BCA Installment facility is available.
Competitive exchange rates abroad.

Benefits

As a cashless payment alternative that more effectively supports business operations.
Get attractive offers for every transaction at selected merchants.
Customers may receive information and offers related to BCA products and services. 
Access additional facilities such as Autopay (for monthly routine bills in personal name), Autodebit, Travel Accident Insurance, BCA Travel Service, and Cash Advance.

Risks

Delays in bill payments result in late fees and impact debtors' ability to pay.
Customers are billed if they speed up the payment of transaction installments.
Misuse of cards, PINs, passwords, OTPs, and User IDs/BCA IDs due to customers’ negligence.

Requirements and Procedures

BCA Visa Corporate Credit Card application can be submitted by visiting the nearest BCA branch.
Submit documents that must be completed, including:
- Legality Documents
  - Company Profile
  - Deed of Establishment and its amendments
  - Decree of the Minister of Agriculture
  - SIUP, TDP/NIB
  - Company NPWP
  - ID cards (for Indonesian citizens0 or passports and KITAS (for foreigners) of authorized officials according to the Deed, the designated business entity PIC, and employees who will be issued BCA Visa Corporate Credit Cards.
  - Business entity logo (in JPEG format, if the company wants the logo to be printed on the BCA Visa Corporate card)

Financial Documents

Company's Financial Statements for the last 2 years
Current account for at least the last 3 months

Cooperation Document
- The partnership agreement (PKS) is sealed with the business entity's stamp and signed by an authorized official of the business entity in accordance with the Business Entity's Articles of Association.
- Recommendation letter of credit limit per card (per employee) with the stamp of the business entity and signed by an authorized business entity official.
- Power of attorney for the appointment of a business entity PIC* with the stamp of a business entity and signed by an authorized business entity official.
- The auto-debit power of attorney is sealed, with the company's stamp and signed by an authorized company official (if the company makes an auto-debit payment).
- The BCA Corporate Credit Card application form that has been completed and signed by the business entity's employees.

Remark:

*) A business entity PIC is a person authorized by the company to serve as a liaison between the company and the BCA to monitor the administrative process related to the use of the BCA Visa Corporate Credit Card.

Fees, Limits, and Interest Rates

Fees

Annual Fee

Card Types	Fee
BCA Visa Corporate	IDR250,000

The penalty is 1% of the total bill and will not exceed IDR100,000
Requesting a copy of the invoice: IDR50,000.
Replacement fee for lost or damaged cards: IDR50,000.
Request for printing and bill delivery: IDR10,000.
Overlimit fee: IDR40,000.
The cash advance fee (both domestic and foreign) is 4% of the withdrawal amount or a minimum of IDR40,000, whichever is greater.
Cash advance fee at the counter (per transaction): IDR20,000.
Installment cancellation fee: IDR100,000.
Stamp fee (for bill payment > IDR5,000,000): IDR10,000.

Limit

Transaction Limit for BCA Visa Corporate

Transaction Type	Limit
Contact (EDC)	As per the available credit limit
Contactless with PIN	As per the available credit limit
Contactless without a PIN	The maximum transaction amount according to the provisions in each country where the transaction is made, in Indonesia applies to a maximum of IDR1,000,000 The initial daily limit is IDR 10,000,000
E-commerce	As per the available credit limit
Cash Advance (ATM)	20% of the credit limit

Interest Rates

Cash withdrawal and shopping transactions accrue interest at 1.75% per month, in accordance with Bank Indonesia regulations.

Simulation

Calculation of statement date of April 1, 2024 and maturity date of April 17, 2024.

Posting Date	Description	Amount
1 March 2024	Previous Balance	IDR0.00
5 March 2024	Transaction I	IDR1,250,000.00
16 March 2024	Transaction II	IDR1,750,000.00
	New Billing	IDR3,000,000.00

Account date (statement cycle) May 1, 2024, interest calculation when making minimum payment (payment date: April 17, 2024)

Posting Date	Description	Amount
1 April 2024	Previous Balance	IDR3,000,000.00
8 April 2024	Transaction I	IDR500,000.00
24 April 2024	Transaction II	IDR750,000.00
17 April 2024	Payment (Minimum Payment: 5% × IDR3,000,000.00)	(IDR150,000.00)
	Interest	IDR87,740.00
	New Billing	IDR4,187,740.00

Interest calculation:

Transaction Type	Interest Period (from transaction date to statement date)	Transaction Amount	Interest Rate	Interest Calculation Formula	Total Interest
Transaction I	5 March 2024 – 16 April 2024 (43 days)	IDR1,250,000.00	1.75% per month	Amount × monthly rate × 12 months × (days/365)	IDR30,925.00
Transaction II	16 March 2024 – 16 April 2024 (32 days)	IDR1,750,000.00			IDR32,219.00
Previous Outstanding Balance	17 April 2024 – 1 May 2024 (15 days)	IDR2,850,000.00			IDR24,596.00
Total Interest					IDR87,740.00

Important Information

Additional Information

BCA credit card activation can be done through the company's PIC by emailing layanan_korporasi@bca.co.id.
The company's PIC can access information on total bills, remaining card limits, and BCA Visa Corporate Credit Card transactions made through the KlikBCA Bisnis (KBB)* channel and at BCA ATMs
Minimum payment of 5% of the total bill.
The validity period of the BCA Corporate Credit Card is as stated on the card.
Transactions with BCA Credit Card can be made by dipping or swiping at EDC machines and authenticated using a PIN or signature, depending on the country. You can activate your credit card PIN through the myBCA app, BCA mobile, BCA ATMs, or the official BCA website.
For BCA Credit Card with the Contactless feature, transactions can also be made by holding the card near the EDC machine with the contactless logo. Activation of the Contactless feature can be done by performing a dip transaction at an EDC or ATM machine and entering a PIN.
Customers can request the closure of the BCA Visa Corporate Credit Card through branches or corporate services. All transaction charges for the BCA Visa Corporate Credit Card must be paid in advance by the cardholder.
Complaints regarding products or services can be made via Halo BCA Bisnis at 1500998.
BCA shall inform all changes to the benefits, fees, risks, terms and conditions of this Product and/or Service through any meansin accordance with applicable legal provisions.

Remark:
*)For companies that already have a KlikBCA Bisnis, by registering a BCA Visa Corporate Credit Card on the channel first.

Summary of Product & Service Information (RIPLAY)

Terms and Conditions

BCA Visa Corporate

Why BCA Visa Corporate?

Cashless

Ease of Administration Affairs

Company’s bona fide symbol

BCA Visa Corporate Credit Card