BCA - Current Account

Current Account

In response to the rapid growth of businesses, BCA caters to the needs of BCA Customers for flexibility and speed of service. BCA Current Account is a versatile product with a plethora of features tailored to the ever-evolving needs of business customers. This product aims to support the customers’ businesses, which may involve very active financial transactions.

Benefits

Important Information

BCA by Phone

Get all information about Current Account through BCA by Phone

Auto Transfer

Enjoy Auto Transfer facility special for Rupiah Current Account

Requirements and Procedure

The account opening is reserved for individual customers (whether Indonesian or foreign citizens) that have attained the age of 18 years or are married.
The Current Account may also be opened by a non-individual customer.
The Customer fills out the account opening application form and accepts the terms therein.
If an account is opened through a power of attorney, the customer to whom the power is granted needs to provide the Power of Attorney issued by the principal vested with the capacity to open an account.
Not listed in the National Blacklist.
For a non-individual customer, the representative from the management authorized to open an account must provide the customer personal data.
When opening a Current Account, the customer may have to pay stamp duty on certain documents.
The Customer provides the required documentation.

Type of Customer

Identity Card (electronic Resident ID Card (e-KTP) for Indonesian citizens/Passport for foreign citizens)
Tax ID Number (NPWP), for Indonesian citizens
Stay Permit (Limited Stay Permit (KITAS) /Permanent Stay Permit (KITAP)), for foreign citizens
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
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)
Other permits and licenses*

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 Cooperative’s Boards
Tax ID Number for Non-Individual Entity
Deed of Establishment
Articles of Association that have obtained validation from the Minister of Law and Human Rights
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 Partners
Tax ID Number for Non-Individual Entity
Deed of Establishment
Articles of Partnership
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
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 danArticles of Association
- Resolution of Board of Director atau Power of Attorney
- Current composition of the company’s boards
Business Identification Number (NIB)
Other permits and licenses required of a representative office of a foreign company in Indonesia*

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
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:

A non-individual customer holding a Business Identification Number (NIB) issued before 2 February 2021 needs to provide an operational permit from the competent authority.
A non-individual customer holding a Business Identification Number (NIB) issued on or after 2 February 2021 with a medium to high risk level needs to provide other licensing documents, i.e., the Risk-Based Business Licensing Documents under Government Regulation No. 5 of 2021.

The Customer 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

Social Media

Facebook : GoodLife BCA

Instagram : @goodlifebca

Youtube : Solusi BCA

X (Twitter) : @BankBCA

Features, Benefits, and Risks of Current Account

Main Features of Current Account:

Available in 11 currencies, i.e., Rupiah (IDR), United States Dollar (USD), Singapore Dollar (SGD), Hong Kong Dollar (HKD), Australian Dollar (AUD), Japanese Yen (JPY), Great Britain Pound sterling (GBP), Euro (EUR), Chinese Yuan (CNH), Malaysian Ringgit (MYR), and Thailand Baht (THB).
There is no minimum balance requirement.
Current Account Interest means the interest paid to the Current Account customer according to the provisions applicable at BCA.
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.
The Customer will receive information on the customer’s account transaction history in the form of hard copy (Account Statement) or soft copy (e-statement) by downloading it directly from the channels owned by the Customer.
The Rupiah Current Account provides the following transaction facilities:
- Rupiah Current Account: Cheque, Bilyet Giro (BG), Letter of Instruction (LI), ATM card (Paspor BCA, only for individual customers).
- Foreign Currency Giro Account: Letter of Authorization (LA).
Deposits and/or withdrawals in relation to a Foreign Currency Current Account made in a different currency will be subject to the applicable exchange rates. Information on BCA’s competitive exchange rates is available on BCA’s official website at www.bca.co.id.

Benefits:

Withdrawals in Rupiah or non-cash withdrawals in a foreign currency from all Foreign Currency accounts can be made at all branch offices.
The customer can make withdrawals from a Rupiah Current Account by using a Cheque, and the Cheque can be transferred to another, settled through clearing or collection, or deposited to a BCA account. A Cheque can be cashed at any BCA Branch Office.
The customer can also use a Bilyet Giro (BG) as a means of payment to the customer's business partners. The characteristics of a BG include the following:
- Cannot be transferred or cashed.
- Must be completely filled out on its issuance.
- Signed directly by the drawer with a wet signature.
- Corrections can be made up to 3 (three) times.
- BG validity period is 70 (seventy) days from the issue date.
- The maximum amount allowed for clearing (Cheque/BG) is IDR500 million.
- The presentation the Cheque/BG is done by the recipient or a party authorized by the recipient.
The Letter of Authorization (LA) facility, which is available for the BCA Foreign Currency Account, is secure because it is non-transferable.
The Current Account can be used as an escrow account for Debit BCA merchants, Virtual Accounts and Working Capital Loans.
An individual customer can apply for the Current Account facilities, such as Paspor BCA, Internet Banking, Mobile Banking, Info Service via SMS/email, and BCA by phone. A non-individual customer can apply for such facilities as Internet Banking, Mobile Banking, Info Service via SMS/email, and BCA by phone.
Reliable Security. BCA ATM PIN, m-BCA PIN, and KeyBCA make the customer’s transactions secure and convenient.
For the Rupiah Current Account, the customer can apply for the Auto Transfer facility, namely the facility of automatic funds transfer from one account to the customer's Rupiah Current Account at the time of a batch (ATS Batch) and in the event of insufficient balance in the Rupiah Current Account when a withdrawal is made at the teller (ATS Online).

Risks:

The customer’s deposits will not be covered by the deposit insurance scheme managed by the Indonesia Deposit Insurance Corporation (LPS) if:
- The total balance of the customer’s deposits (including interest) in one bank exceeds (an equivalent of) IDR2 billion for both single accounts and joint accounts.
- The interest rate obtained by the customer exceeds the deposit insurance interest rate set by the LPS.
All banknotes already deposited into the Current Account cannot be withdrawn on the same day.
Withdrawal of CNH Banknotes with a 1:1 condition is applicable only at the branch office where the account is opened.
Withdrawal of USD Banknotes from a USD Foreign Currency Current Account can be made at the designated Main Branch Office or Sub-Branch Office. However, a cash withdrawal in a foreign currency other than the USD can only be made at the branch office where the account is opened.
A Foreign Currency Current Account may be affected by exchange rate fluctuations in line with market conditions.
If the balance remaining in the Rupiah or Foreign Currency Current Account is zero and there are no transactions for 12 consecutive months, the account will be automatically closed.
A Cheque/Bilyet Giro may be dishonored for various reasons, such as: unmatched signature, incomplete data provided on the Cheque/Bilyet Giro, insufficient balance, etc. To avoid the dishonor of a Cheque/Bilyet Giro, the customer should ensure the availability of funds in the Current Account and the correct and complete data provided on the Cheque/Bilyet Giro.

Simulation ¹⁾:

Current Account Balance	Current Account Interest ⁴⁾	Monthly Current Account Interest Amount ⁵⁾
IDR1,500,000²⁾	0.50%	-
IDR2,500,000²⁾	0.50%	IDR1,027.40 ⁶⁾
USD10,000³⁾	0.50%	USD4.11 ⁶⁾

Last Update: 01 October 2022

Notes:

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 Rupiah Current Account.
³⁾Position of the monthly average balance or the minimum daily balance of the Foreign Currency Current Account.
⁴⁾Current Account Interest rates may change at any time in response to market conditions and the change will be notified to the Customer via BCA’s information media.
⁵⁾The customer will obtain the Monthly Current Account Interest if the customer meets the monthly average balance or the minimum daily balance of the Current Account according to the provisions applicable at BCA.
⁶⁾The amount of the Current Account Interest obtained by the customer is the gross interest amount before tax withholding according to the applicable laws and regulations (assumption: 1 month = 30 days and 1 year = 365 days).

Additional Information

The Current Account Interest will be credited to the relevant account at the end of each month.
A decrease in the Current Account Interest rate will result in a reduction in the Current Account Interest amount received by the customer.
The Customer will receive Current Account Interest if the customer maintains a certain average balance, according to the provisions applicable at BCA.
The Current Account can be opened in the form of a joint account with the status of either “ATAU/OR” or “DAN/AND”.
An instruction given to the bank or a cash withdrawal made from a joint account with the status of “ATAU/OR” can be made by only one of the joint account holders. However, for a joint account with the status of "DAN/AND", such instruction or cash withdrawal must be made collectively by all of the joint account holders.
A purchase of foreign currency over the equivalent of USD100,000 with a source of funds in Rupiah must be accompanied by underlying documents.
The Customer may apply for the closure of a Current Account at the branch office where the account is opened, and the Customer will incur an account closure fee.
BCA 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 notice will be provided at least 30 calendar days before the changes take effect.
The Customer may receive offerings for other products from other parties outside of BCA that have entered into a cooperation agreement with BCA, 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 BCA.
The Customer may receive offerings for BCA’s products and/or services or the products and/or services belonging to other parties that have entered into a cooperation agreement with BCA via personal communication channels, if the Customer gives consent to BCA 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 at www.bca.co.id.

Disclaimer (important to read)

BCA has the right to reject the customer’s application for the product and/or service if the customer fails to meet the applicable terms and conditions.
The Customer has read, understood, and signed the Current Account product as described in this Product and Service Information Summary.
This summary is simply a means of providing product and/or service information for prospective/existing customers and is not intended as an official offer for a product and/or service.
The Customer must read, understand, and sign the Current Account opening application form.
The information contained in this Product and Service Information Summary shall be effective as of the printing date of this Product and Service Information Summary until the issuance of its latest update.
The Customer must carefully read this Product and Service Information Summary before deciding to open a Current Account and may contact the Bank’s employee or call Halo BCA at 1500888 to inquire about all matters or file complaints related to this Product and Service Information Summary.

Fees, Limits, and Interest rate

Nominal Placement

The minimum placement and minimum monthly balance to be maintained for each currency are as follows:

Currency	Minimum Initial Placement	Minimum Balance
Indonesian Rupiah (IDR)	IDR1,000,000	IDR1,000,000
United States Dollar (USD)	USD1,000	USD500
Singapore Dollar (SGD)	Equivalent of USD1,000	SGD800
Hong Kong Dollar (HKD)	Equivalent of USD1,000	HKD3,900
Australian Dollar (AUD)	Equivalent of USD1,000	AUD700
Great Britain Pound sterling (GBP)	Equivalent of USD1,000	GBP300
Japanese Yen (JPY)	Equivalent of USD1,000	JPY52,500
Euro (EUR)	Equivalent of USD1,000	EUR400
Chinese Yuan (CNH)	CNH7,000	CNH3,500
Malaysian Ringgit (MYR)	MYR4,500	MYR2,000
Thailand Baht (THB)	THB35,000	THB15,000

Fees

Income tax withholding: 20% of the Current Account Interest.
The monthly administration fees and penalties are as follows:

Currency	Administration Fee	Penalty Fee*
Indonesian Rupiah (IDR)
‐ Cardless	IDR30,000	IDR25,000
‐ With Paspor Blue Card	IDR30,000
‐ With Paspor Gold Card	IDR35,000
‐ With Paspor Platinum Card	IDR40,000
United States Dollar (USD)	USD5	USD5
Singapore Dollar (SGD)	SGD8	SGD8
Hong Kong Dollar (HKD)	HKD39	HKD39
Australian Dollar (AUD)	AUD7	AUD7
Great Britain Pound sterling (GBP)	GBP3	GBP3
Japanese Yen (JPY)	JPY525	JPY525
Euro (EUR)	EUR5	EUR4
Chinese Yuan (CNH)	CNH35	CNH35
Malaysian Ringgit (MYR)	MYR20	MYR20
Thailand Baht (THB)	THB150	THB150

Last Update: 9 May 2022

*) The penalty will be imposed if the customer’s monthly average balance does not reach the minimum monthly average balance.

Fee for the Current Account closure:

Currency	Closer Fee
Indonesian Rupiah (IDR)	IDR25,000
United States Dollar (USD)	USD10
Singapore Dollar (SGD)	SGD20
Hong Kong Dollar (HKD)	HKD80
Australian Dollar (AUD)	AUD15
Great Britain Pound sterling (GBP)	GBP10
Japanese Yen (JPY)	JPY1,100
Euro (EUR)	EUR10
Chinese Yuan (CNH)	CNH70
Malaysian Ringgit (MYR)	MYR40
Thailand Baht (THB)	THB350

Fee for Card issuance/replacement

Types of Cards	Card Issuance/Replacement Fee
Paspor Blue	IDR10,000
Paspor Gold	IDR15,000
Paspor Platinum	IDR20,000

Transaction Fees

Fees for Interbank transactions on the ATM network:

Types of Transactions	ATM BCA	Prima & GPN	Mastercard
Balance inquiry	Free	IDR4,000	IDR5,000
Cash withdrawal	Free	IDR7,500	IDR25,000
Transfer to another bank	Online: IDR6,500 BI-FAST: IDR2,500		-
Declined transaction	Free	IDR3,500	IDR5,000

Fees for funds remittance to another bank

Transfer Via	Online	BI-FAST	LLG	RTGS
BCA Branch Office*	-	IDR2,500	IDR2,900	IDR30,000
m-BCA**	IDR6,500	IDR2,500	-	-
Internet Banking and myBCA	IDR6,500	IDR2,500	IDR2,900	IDR25,000

Note: For funds remittance cancellation, the Customer will be charged a fee of IDR10,000.

Remarks:

*) Funds remittance to another bank via a BCA Branch can only be made using BI-FAST, LLG, and RTGS.
**) Funds remittance to another bank via m-BCA can only be made either online or using BI-FAST.

The complete list of Outward Remittance (OR) fees can be viewed BCA’s official website at www.bca.co.id.
The Cheque/Bilyet Giro book contains 25 sheets and can be ordered by the customer through the branch office where the account is opened for a fee of IDR275,000 (including stamp duty).
The Letter of Authorization book contains 10 sheets and can be ordered by the customer through the branch office where the account is opened for a fee as specified below:

Currency	Fee
United States Dollar (USD)	USD1
Singapore Dollar (SGD)	SGD1.5
Hong Kong Dollar (HKD)	HKD10
Australian Dollar (AUD)	AUD1.2
Great Britain Pound sterling (GBP)	GBP0.5
Japanese Yen (JPY)	JPY120
Euro (EUR)	EUR1
Chinese Yuan (CNH)	CNH7
Malaysian Ringgit (MYR)	MYR5
Thailand Baht (THB)	THB35

Letter of Instruction: IDR25,000 for a Rupiah Current Account, and the equivalent of USD5 for a Foreign Currency Current Account.
Dishonored Cheques/Bilyet Giro are subject to a fee, as specified below:

Reason	Fee
Insufficient Balance	IDR125,000
Other reasons	IDR100,000

Any withdrawal of banknotes at a BCA branch office in excess of USD/SGD/CNH1,000 must be notified to BCA 1 (one) day in advance; otherwise, the customer will be charged a fee of IDR100,000.
Any customer making a large cash withdrawal (≥ IDR100,000,000) needs to give their confirmation/notification to BCA 1 (one) day in advance. Without such prior confirmation/notification, the Customer will be charged a fee of IDR100,000.

Limit

Below are the daily limits for individual Rupiah Current Account transactions:

Types of Transaction	Paspor Blue	Paspor Gold	Paspor Platinum
Via ATM BCA
Cash Withdrawal ¹⁾	IDR15,000,000	IDR15,000,000	IDR15,000,000
Cash Deposit ²⁾	IDR50,000,000	IDR80,000,000	IDR100,000,000
Transfer between BCA accounts ³⁾	IDR100,000,000	IDR125,000,000	IDR150,000,000
Transfer between BCA accounts (to foreign currency account) ^{4) 8)}	IDR100,000,000	IDR125,000,000	IDR150,000,000
Interbank transfer ⁵⁾	IDR30,000,000	IDR40,000,000	IDR50,000,000
Via EDC
Debit BCA ⁶⁾	IDR100,000,000	IDR125,000,000	IDR150,000,000
Debit Contactless without PIN ⁷⁾	IDR1,000,000
Via m-BCA
Transfer between BCA accounts ³⁾	IDR100,000,000	IDR125,000,000	IDR150,000,000
Transfer between BCA Accounts (to a foreign currency account) ⁴⁾⁸⁾	IDR100,000,000	IDR125,000,000	IDR150,000,000
Transfer to Another Bank ⁵⁾	IDR30,000,000	IDR40,000,000	IDR50,000,000

Notes: The above daily limits for Individual Rupiah Current Account transactions based on card types are only relevant to those having an ATM Card /Debit BCA facility.

Type of Transaction	Via myBCA	Via Internet Banking
Transfer to Own BCA Account ⁹⁾	No Limit	IDR500,000,000 ¹²⁾
Transfer between BCA Accounts ¹⁰⁾	IDR300,000,000¹¹⁾
Transfer between BCA Accounts (to a foreign currency account)
Transfer to Another Bank (LLG and RTGS)
Transfer to Another Bank (BI-FAST)
Transfer to Another Bank (Online)
Cash Withdrawal Without a Card (Cardless) ¹³⁾	IDR15,000,000	Not Available
Cash Deposit Without a Card (Cardless) ¹⁴⁾	IDR100,000,000	Not Available

Last Update: 19 January 2024

¹⁾ The limit for cash withdrawals using the Paspor BCA is a combined limit with the cardless cash withdrawal limit via m-BCA.

²⁾ The limit for cash deposits using the Paspor BCA is a combined limit with the cardless cash deposit limit via m-BCA.

³⁾ The limit for transfer between BCA Accounts via the BCA ATM is a combined limit with the limit for transfer between BCA Accounts via m-BCA.

⁴⁾ The limit for transfer between BCA Accounts (to a foreign currency account) via the BCA ATM is a combined limit with the limit for transfer between BCA Accounts (to a foreign currency account) via m-BCA.

⁵⁾ The limit for transfer to another bank via the BCA ATM is a combined limit with the limit for transfer to another bank (Online & BI-FAST) via m-BCA.

⁶⁾ The limit for payment with Debit BCA is a combined limit with the limit for cash withdrawal at a merchant and Flazz top-up via an EDC machine (separate from the limit for cash withdrawal via ATMs).

⁷⁾ Contactless Debit transactions without a PIN are still calculated in the BCA Debit transaction limit according to the type of BCA Debit/ATM Card. Contactless Debit limit with PIN follows the BCA Debit transaction limit.

⁸⁾ This limit is separate from the limit for transfer in Rupiah.

⁹⁾ Applicable to transfers to all Own BCA Accounts (Rupiah/foreign currency accounts). Transfer transactions from a Rupiah source account to a foreign currency account shall be subject to the Information on Foreign Exchange Transaction Threshold, which can be viewed on BCA’s official website at www.bca.co.id.

¹⁰⁾ Applicable to transfers between BCA accounts other than transfers to own account.

¹¹⁾ The combined limit for transfers between BCA accounts (other than transfers to own accounts) and transfers to another bank via myBCA is the maximum daily transaction limit per BCA ID. The complete information on myBCA transaction limits can be viewed on BCA’s official website at www.bca.co.id.

¹²⁾ The combined limit for transfer transactions via Internet Banking is the maximum daily transaction limit per user ID. The complete information on Internet Banking transaction limits can be viewed on BCA’s official website at www.bca.co.id.

¹³⁾ The daily limit for cash withdrawals without a card (cardless) via myBCA mobile per BCA ID.

¹⁴⁾ The daily limit for cash deposits without a card (cardless) via myBCA mobile per BCA ID.

The limit for Current Account transactions through KlikBCA Bisnis (KBB) is the limit proposed by the customer and approved by BCA in accordance with the applicable provisions.
For a Foreign Currency Current Account, the customer can deposit and withdraw Banknotes with a 1:1 condition (not subject to the applicable exchange rates for the same currency), subject to the following provisions:

Type of Transaction	Amount
Deposit*
USD Current Account
Deposit up to USD50,000/day/account	1:1
Deposit more than USD50,000/day/account	Subject to a 0.5% fee on the excess amount
Other Foreign Currency Current Account
Non-USD banknote deposit for non-USD account**	1:1
Withdrawal
USD Current Account
Withdrawal up to USD10,000/month/account	1:1
Withdrawal more than USD10,000/month/account	Subject to a 0.5% fee on the excess amount
SGD Current Account
Withdrawal up to SGD10,000/month/account	1:1
Withdrawal more than SGD10,000/month/account	Subject to a 0.5% fee on the excess amount
CNH Current Account
Withdrawal up to CNH20,000/month/account	1:1
Withdrawal more than CNH20,000/month/account	Subject to a 0.75% fee on the excess amount

*) Deposits of Banknotes that are not in good physical condition and/or are in tiny denominations into a foreign currency account denominated in the same currency will be processed with a 1:1 condition, but the customer will be charged a 0.25% fee.

**) A non-USD currency may need to be in a certain denomination to enjoy the 1:1 condition.

TERMS AND CONDITIONS FOR CURRENT ACCOUNT HOLDERS
PT BANK CENTRAL ASIA Tbk. ("BCA")

DEFINITION

Account Holder means an individual, juristic person, any entity other than a juristic person, or a combination thereof that has completed and signed the application form for Current account opening and such application has been approved by BCA.
Account Statement means a copy of transaction history made by BCA in respect of the Account Holder’s Current account.
Business Day means a day on which BCA and other banks are open to carry on general business activities.
Calendar Day means any day of the calendar month.

GENERAL TERMS AND CONDITIONS

By opening a Current account with BCA, Account Holder agrees to comply with and adhere to these Terms and Conditions for BCA Current Account Holders. BCA has the right to amend these Terms and Conditions for BCA Current Account Holders upon notice by BCA in any form and by any means in accordance with the prevailing law.
In dealing with Account Holder, BCA shall act according to the prevailing law and any provisions applicable at BCA.
Account Holder must provide BCA with one or more specimen signatures of Account Holder, or one or more specimen signatures of the persons authorized to represent Account Holder to conduct transactions with respect to the Current account, as well as a detailed description of their respective rights and powers. Such specimen signatures shall remain valid unless a written notice of any change thereof is provided by Account Holder and received by BCA.
Account holder must notify BCA in writing of all data and data changes of Account Holder, including but not limited to its name, address, telephone number, Tax ID Number (NPWP).
For the implementation of fund transfer transactions (including registration of destination accounts for the purpose of fund transfer transactions) through facilities provided by BCA, other banks, or non-bank institutions, the Account Holder hereby authorizes BCA to:
1. display the name and/or account number of the Account Holder on the BCA facilities used to conduct fund transfer transactions;
2. provide data on the name and/or account number of the Account Holder to other banks, non-bank institutions, and other parties cooperating with other banks or non-bank institutions to be displayed on the facilities used for fund transfer transactions.
The display of such name and/or account number is conducted as a means of confirmation to customers who conduct fund transfers to minimize the possibility of wrong transfers.
For the implementation of deposit transactions, transfers, remittances, or other financial transactions and for the purposes of verification/confirmation of the status of transactions made by the Account Holder to a fund account, virtual account, or other means that can receive funds or can be used as a facility for fund transfer/payment through BCA branch offices, facilities provided by BCA, other banks, or non-bank institutions, the Account Holder hereby authorizes BCA to:
1. display the name and/or account number of the Account Holder on the account statement and transaction report issued by BCA;
2. provide data on the name and/or account number of the Account Holder to other parties who process deposit transactions, transfers, remittances, or other financial transactions, recipients of virtual account facilities or other means that can receive funds or can be used as facility for fund transfer/payment, as well as to other parties who receive funds from transactions made by the Account Holder.
Any Account Statement in the name of Account Holder issued by BCA based on its books and records shall be valid evidence of the account transaction history, time and total amount of money in the Current account unless sufficiently proven otherwise.
Account Holder is entitled to receive an Account Statement. If Account Holder, within 14 (fourteen) days after the Account Statement is provided by BCA, does not file any objection there to with the branch office of BCA where it opened its Current account, then Account Holder is deemed to have accepted all the data contained in the Account Statement.
BCA is at all times entitled to and is hereby authorized by Account Holder to make corrections to the Account Statement if there is any error in the Account Statement.
BCA is entitled to block Account Holder's account, reject any transaction involving Account Holder's account and/or terminate business relationship with Account Holder in the event:
1. Account Holder fails to comply with the prevailing law;
2. Account Holder fails to provide information and supporting documents in accordance with the prevailing law;
3. Account Holder is found and/or is reasonably suspected of using false documents and/or providing misleading data to BCA;
4. Account Holder provides allegedly inaccurate information; and/or
5. Account Holder’s source of funds for transactions is found and/or reasonably suspected of emanating from a criminal offence.
The Account Statement may be delivered to Account Holder in the following manners:
1. The Account Statement is sent to Account Holder’s address.
  If an Account Statement has been sent to Account Holder’s address but is returned to BCA, then:
  1. BCA will keep such Account Statement for 3 (three) months from the date of issuance of that Account Statement. Upon the lapse of the 3 (three) months’ period, BCA will destroy the Account Statement.
  2. In connection with point a above, if an Account Statement is returned to BCA for any reason for three (3) consecutive months, then BCA will cease sending the Account Statement to Account Holder.
2. The Account Statement is collected by Account Holder
If the Account Statement sent to the Account Holder’s address is received by Account Holder in an opened or damaged condition, Account Holder must add a note "opened or damaged" on the delivery receipt. Furthermore, Account Holder must report and bring such “opened or damaged” Account Statement to the BCA branch office where it opened the Current Account.
Account Holder authorizes BCA to provide Account Holder’s data to any party other than BCA that has entered into a cooperation with BCA, for promotional activities or other commercial purposes.
Account Holder authorizes BCA, either now or after Account Holder is no longer a BCA customer, to offer BCA's products/services and products/services of other parties having entered into a cooperation with BCA via personal communication means.
As long as Account Holder (including any one or more parties forming a joint Current account) is still indebted to BCA by virtue of credit facilities, L/C, bank guarantees or any guarantee issued by Account Holder (borgtocht), interest, fees, clearing fees, fees for cheque/Bilyet Giro books, stamp duty, drafts, letters of acceptance or other trade documents signed by Account Holder for purposes of acceptance, endorsement, or withdrawal, guarantee or as a result of the use of credit cards or any charges or obligations incurred from any causes whatsoever, BCA has the right to and, to the extent necessary, is hereby authorized by Account Holder to debit Account Holder’s Current account and to apply the proceeds to settle any amount due to BCA at any time. Any consequences arising from the debiting of the Current account by virtue of Account Holder’s authorization shall be the sole responsibility of Account Holder.
In the event of the lack or insufficiency of funds in Account Holder’s Current account, at the first request of BCA, Account Holder must pay to BCA a certain amount deemed reasonably sufficient by BCA to settle Account Holder’s debts as referred to in point 15.
If Account Holder requests BCA to make a collection of instruments (inkaso) from the issuing bank, BCA has the right to appoint a correspondent bank to process the collection. Failure or delay by such correspondent bank in processing the collection with the issuing bank, remitting the proceeds to BCA and any loss incurred as a result of the collection process shall be the sole responsibility of Account Holder.
Account Holder shall be fully responsible for:
1. the authenticity, validity, correctness and completeness of all documents submitted to BCA in connection with Account Holder’s Current account; and
2. the validity of the signature(s) in each and every document and the authority of the person(s) who signed such document.
Account Holder is fully liable for any losses arising from any incomplete data, failure to receive notification by telephone, telex, or other means of communication, or delay in or non-delivery of any notices delivered by Account Holder to BCA, or letter sent by BCA to Account Holder which is not attributable to BCA’s fault.
Account Holder may close its Current account at the BCA branch office where Account Holder initially opened the Current account. BCA for a certain reason may close the Current account.
Any Current Account shall be automatically closed by system if the balance of the Current Account is 0 (zero) and there is no debit and credit transaction to the Current Account for 12 (twelve) consecutive months.
Any actions taken by one or more parties that open a joint Current account shall be binding on all such parties and therefore each of them is jointly and severally liable to BCA for any consequences arising therefrom.
If Account Holder later applies for such facilities as m-banking, KlikBCA, and/or other facilities associated with the Current account, Account Holder hereby agrees to accept the terms and conditions of such m-banking, KlikBCA, and/or other facilities associated with the Current account as used by Account Holder.
BCA is not liable for any losses, claims or demands from any party arising from any events that occur beyond the control of BCA (force majeure) including but not limited to the implementation of any rules or regulations issued by competent authorities, disruption of communication systems, natural disasters, strikes, riots, or emergencies.
BCA has the right to make necessary corrections to or reversals of Account Holder’s transactions or balance if BCA makes an error in posting the relevant data.
For the purpose of dispute settlement between BCA and Account Holder, Account Holder and BCA have agreed on a common and permanent legal domicile at the Registrars’ office of the District Court having jurisdiction over the BCA branch where the Current account was opened, without prejudice to BCA’s right to file lawsuits against Account Holder through other District Courts within the territory of the Republic of Indonesia.
Account Holder’s funds deposited with BCA are guaranteed by the Indonesia Deposit Insurance Corporation (Lembaga Penjamin Simpanan, LPS) according to the stipulated maximum amount covered by the LPS. The LPS shall not guarantee any deposit with an interest rate exceeding the maximum rate stipulated by the LPS.
Any data connected with the Current account at BCA shall be stored by BCA in accordance with the prevailing law.

SPECIAL TERMS AND CONDITIONS FOR RUPIAH CURRENT ACCOUNT

Upon the opening of the Rupiah Current account, BCA will provide Account Holder with a Cheque/Bilyet Giro book.

Account Holder will be charged a certain fee for the issuance of such Cheque/Bilyet Giro book. The amount of such fee and any change thereto will be notified by BCA to Account Holder in any form and by any means in accordance with the prevailing law.

Account Holder is fully liable for any misuse of the Cheque/Bilyet Giro provided by BCA to Account Holder.
Account Holder must make an initial deposit to its Current account, which is opened at BCA. The amount of such initial deposit and any change thereto will be notified by BCA to Account Holder in any form and by any means in accordance with the prevailing law.
The Paspor card, which can be used to conduct certain transactions through BCA Automated Teller Machines (ATM) or other facilities as may be determined by BCA, will be available only to individual Current Account Holders only.
Deposit can be made at any time at the teller counter during BCA business hours or through cash deposit machines.
Deposit in forms of Cheques, Bilyet Giro, drafts, and other instruments of similar nature will be credited to the Current account on the same day of receipt of such instruments, but the funds so credited shall not constitute good funds (dana efektif) that can be readily used or withdrawn by Account Holder (floating). The status of good funds in the Current account is dependent on the clearing result from Bank Indonesia and time of the clearing process (same day, next day or two days) as applicable to each BCA branch. For incoming remittance transactions, funds will be credited to the Current account once the amounts are actually received by BCA in good funds.
In the event that a Cheque, Bilyet Giro, draft and any other instrument of similar nature is rejected, then BCA has the right to debit Account Holder’s Current account with an amount equal to the amount of the rejected Cheque, Bilyet Giro, draft and any other instrument of similar nature, along with any fees arising therefrom.
In the event the issuing bank refuses to pay the instrument deposited by Account Holder, the rejected instrument may be collected or picked-up by the depositor within 30 (thirty) calendar days of the rejection date. If the depositor fails to collect the rejected instrument within such period, BCA disclaims liability for any consequences arising from such non-collection of that instrument.
Account Holder shall bear all costs and fees incurred in connection with the opening of the Current account with BCA, including but not limited to the fee for producing/replacing the Paspor card, administration fee, transaction fee, additional administration fee if the average balance in the relevant month is less than the required minimum balance, and any other fees.

The amount of such fees and any related changes thereto shall be notified to Account Holder in any form and by any means in accordance with the prevailing law. Such fees shall be directly debited by BCA from Account Holder’s Current account.

Account Holder must abide by the following provisions:

Any cheque presented to BCA for payment before the payment date stated on the cheque ("postdated cheque") will still be paid by BCA on condition that Account Holder has sufficient funds available in Account Holder’s account.
Bilyet Giro means a written order from Account Holder to transfer funds from Rupiah Current account to the account of the beneficiary whose name is stated on that Bilyet Giro and the Bilyet Giro is not cashable nor transferable.
Request for a Cheque /Bilyet Giro Book must be made in writing by Account Holder; and the return of the first sheet (receipt) of the Cheque/Bilyet Giro book must be done once the Cheque/Bilyet Giro book is received by Account Holder or by any other person authorized by Account Holder.
The deadline for collecting the requested Cheque/Bilyet Giro book is no later than 30 (thirty) calendar days of the date on which Account Holder makes the request for such Cheque/Bilyet Giro
If Account Holder fails to collect the requested Cheque/Bilyet Giro book after the lapse of such 30 (thirty) calendar days of the date on which Account Holder makes the request therefor, BCA has the right to unilaterally destroy such Cheque/Bilyet Giro Account Holder will still be charged in accordance with the applicable terms and conditions for each Cheque/Bilyet Giro book that is not collected and destroyed by BCA.
Any Bilyet Giro presented to BCA for book-entry or transfer before its due date will be dishonored by BCA regardless of whether or not there are sufficient funds available in the Current account
Account Holder must ensure sufficient funds in the Current account for payment of the outstanding Cheque/Bilyet Giro. Any Bilyet Giro which has fallen due or any Cheque presented to BCA will be dishonored by BCA and treated as a dud Cheque/Bilyet Giro if there are insufficient funds in Account Holder’s Current account for payment of the Cheque/Bilyet Giro.
Account Holder shall not draw a dud Cheque/Bilyet Giro for any reason. Account Holder hereby agrees and acknowledges that its Current account will be closed and Account Holder’s name will be put on the Bank Indonesia Blacklist if Account Holder draws such dud Cheque/Bilyet Giro.
Account Holder holds BCA harmless against all legal proceedings and any legal consequences arising from the rejection of a dud Cheque/Bilyet Giro to the extent such rejection is in accordance with the applicable laws and regulations.
Cancellation of a Cheque by Account Holder must be made in writing and can only be processed by BCA after the expiry of the offer timeframe provided that the instruction on such Cheque has not been processed at the time BCA receives the written notice. Bilyet Giro shall not be canceled by Account Holder since the Bilyet Giro is issued by Account Holder.
In the event of any written report on the loss of any Cheque/Bilyet Giro accompanied by a Police certificate, then BCA has the right to dishonor the Cheque/Bilyet Giro.
Account Holder agrees to comply with all the provisions governing Cheque/Bilyet Giro, including, among others, those concerning the signing of Cheques/Bilyet Giro, payment of stamp duty, and other provisions for drawing a Cheque/Bilyet Giro.

Account Holder hereby authorizes BCA to provide Account Holder’s data to the paying bank as may be required for the remittance of Account Holder’s funds.
Account Holder shall be subject to a certain fee upon closing its Rupiah Current account. The amount of such closing fee and any change thereto will be notified by BCA to Account Holder in any form and by any means in accordance with the prevailing law.
Upon termination of the relationship between BCA and Account Holder in respect of the Current account, Account Holder must settle all of its obligations in connection with any Cheque/Bilyet Giro that has been drawn but remains outstanding, and return all of the remaining sheets of the Cheque/Bilyet Giro book in its possession to BCA.

SPECIAL PROVISIONS FOR FOREIGN CURRENCY CURRENT ACCOUNT

Upon opening a Foreign Currency Current account, BCA will provide Account Holder with Letter of Authorization (LA), namely an instruction letter to debit the Foreign Currency Current account.

Account Holder is solely responsible for any misuse of the LA provided.

Account Holder must make an initial deposit to the Foreign Currency Current account opened with BCA. The amount of the initial deposit and any change thereto will be notified by BCA to Account Holder in any form and by any means in accordance with the prevailing law.
All withdrawals or transfer of funds must use the LA or any other means in accordance with the provisions applicable at BCA, and can be made at any time at the teller counter during BCA business hours.

Any withdrawal in the form of banknotes from the Foreign Currency Current account can only be made at the BCA branch office where the Foreign Currency Current account was opened; however, solely for withdrawal of banknotes denominated in United States Dollar from a United States Dollar Current account, such withdrawal can be made either at the BCA branch office where the Foreign Currency Current account was opened or at any other BCA branch office designated by BCA or in accordance with any amended terms as may be notified by BCA in any form and by any means in accordance with the prevailing law. Withdrawal in Rupiah from the Foreign Currency Current account or inhouse transfer from the Foreign Currency Current account may be done in all BCA branch offices.

The LA cannot be used as a means of payment and is not transferable, redeemable or encashable in other branches.
If deposit payments are received in a denomination other than the currency in which the Foreign Currency Current account is denominated, then the amount shall be credited to the Foreign Currency Current account using the applicable exchange rates at BCA. Account Holder of the Foreign Currency Current account hereby holds BCA harmless against any liabilities and losses as a result of currency devaluation/depreciation of any outstanding instruments still in the collection or transfer process.
Deposit payments through Telegraphic Transfer (TT) in the same currency from another bank will be subject to a commission fee in accordance with the applicable provisions at BCA.
For each transfer transaction, whether interbank or intrabank transfer, in a currency other than the currency in which the Foreign Currency Current account is denominated, Account Holder of the Foreign Currency Current account agrees that:
1. BCA has the right to charge all fees incurred for such interbank or intrabank transfer transaction made from or over the Foreign Currency Current account.
2. The interbank or intrabank transfer from the Foreign Currency Current account will use the exchange rate prevailing at BCA.
Withdrawal from the Foreign Currency Current account in the form of banknotes are subject to the prevailing exchange rates at BCA and the availability of such banknotes at BCA.
Account Holder of the Foreign Currency Current account shall be subject to the following fees:
1. Administration fee in the currency in which the Foreign Currency Current account is denominated; and
2. Penalty fee if the average balance of the Foreign Currency Current account in the relevant month is less than the required minimum balance.

The amount of the fees specified above or any changes thereto will be notified by BCA to Account Holder of the Foreign Currency Current account in any form and by any means in accordance with the prevailing law. Such fees will be directly debited by BCA from Account Holder’s Current account.

Account Holder shall be subject to a certain fee upon closing the Foreign Currency Current account. The amount of such closing fee and any changes thereto will be notified by BCA to Account Holder of the Foreign Currency Current account in any form and by any means in accordance with the prevailing law.

HANDLING OF COMPLAINTS

Account Holder may lodge any complaint with respect to the Current account with BCA through BCA branch office or HALO BCA. To deal with such complaint, BCA has the right to request Account Holder to provide BCA with a copy of Account Holder’s identity card and other supporting documents.
BCA will respond to such complaint in accordance with the applicable law.
Any complaint about the Current account must be lodged by Account Holder with BCA within no later than 3 (three) months of the transaction date.

HANDLING OF COMPLAINTS

These Terms and Conditions for Current Account Holders of PT Bank Central Asia Tbk. (“BCA”) are made and signed in 2 (two) versions of languages, namely Indonesian and English. In the event that there is a discrepancy in interpretation between the versions of Indonesian and English, then the version of Indonesian language shall prevail.

These Terms and Conditions for Current Account Holders of PT Bank Central Asia Tbk. (“BCA”) have been adjusted to the prevailing laws and regulations including Regulations of the Financial Services Authority (OJK).

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