Article updated July 3, 2025
International transaction settlement between Indonesia and Malaysia, Thailand, Japan, China, and South Korea can now be done using respective country’s local currencies, which are Malaysian Ringgit (MYR), Thailand Baht (THB), Japanese Yen (JPY), Chinese Yuan (CNY), South Korean Won (KRW), and Indonesia Rupiah (IDR) with the transaction scheme of Local Currency Transaction.
LCT service aims to support many of your transaction needs, starting from payment for goods and services, investment, worker’s remittances, education and hospital fee, and also living cost.
In addition to lower fees charged and competitive exchange rates, LCT scheme also provides the relaxation for the underlying document threshold requirement regulated by Bank of Indonesia.
To check the fee amount per transaction that requires an underlying document when conducting an FX transaction, please click here.
Through various promotional programs, you may enjoy the benefits including:
- 100% Telex Fee Cashback promo for every LCT transaction in MYR, THB, and KRW that uses Rupiah as the source of funds, valid until 31st December 2025
Unlock greater benefits in foreign transfer with Local Currency Transaction.
For further information, please contact Halo BCA 24-hours service at 1500888 or type #halobca via Whatsapp to 0811 1500 998, and Halo BCA Chat di www.bca.co.id or mention us on Twitter account: @HaloBCA.
