Certificates of Deposit

The Advantages of using Certificate Deposit

  • Transferable (by bearer)
  • Can be traded
  • Competitive interest rate
  • Interest is paid up front, so you are free to invest further

Regulations for Certificate Deposit

  • Intended for individual customers, businesses or government agencies
  • The initial deposit of at least IDR1 Billion
  • In certificates of deposit, the name of the rights holder is not listed
  • The owners of certificates of deposit at the issuing bank can redeem the certificates of deposit.
  • Defrost on certificates of deposit Bankaltim cannot be done before the due date
  • For depositors who have more than one certificate of deposit slips, given the interest rate based on nominal amount listed on each slip and taxed in accordance with tax regulations

Requirements for Certificate Deposit

Individual

  • Fill out the account opening application form
  • Attach a copy of valid KTP/SIM/Passport
  • Attach a copy of NPWP (if have any)
  • Not listed on the Black List of Bank Indonesia

Business Entity

  • Fill out the account opening application form
  • Attach a copy of valid KTP/SIM/Passport
  • Attach a copy of Akta Pendirian its amendments and the latest board members
  • Attach a copy of other business licenses (SIUP, SITU, TDP)
  • Attach a copy of the letter of appointment / appointment as board member
  • Attach a copy of NPWP (if have any)
  • Not listed on the Black List of Bank Indonesia

Certificate Deposit Interest Rate

NOMINALDURATION
1 MONTHMONTHMONTHMONTH12 MONTH24 MONTH
IDR 1 Billion s.d 100 Billion 4,25%4,50%4,75%5,00%4,50%4,50%
> IDR 100 Billion4,50%4,75%5,00%5,25%5,00%5,00%