As a form of support for the government, BCA will also impose a tariff increase on the Value Added Tax (VAT) to 11% in accordance with Law No. 7 of 2021 on the Harmonization of Tax Regulations.
Therefore, BCA banking services that have been subject to 10% VAT will increase to 11%. The types of banking services that are subject to a VAT rate of 11%, including:
| Banking Services Products | Rental Fees for Safe Deposit Box (SDB) / Robotic Safe Deposit Box (RSDB) |
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Wealth Management |
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The 11% VAT rate change is calculated from the amount of Service Fees/Administration Fees or other fees. The tariff change will be applied effectively starting on 1 April 2022.
For detail information on the fees, please contact our Customer Service Officers at the nearest BCA branch, or via Halo BCA 1500888, or simply mention us at Twitter account @HaloBCA.
