Time Deposit Valas

The Advantage of Valas Deposit

  • Can be renewed automatically at due date/ARO (Automatic Roll Over)
  • Competitive interest rate
  • Can be used as credit guarantee correspond with credit policies
  • The balance of your account is more secure because it has been included in the LPS (Lembaga Penjamin Simpanan) program

Regulations of Valas Deposit

  • Intended for individual customers, businesses and government
  • Only in USD (US Dollar)
  • A minimum initial deposit of USD1.000
  • Duration of the placementsare 1, 3, 6 and 12 months
  • Do not apply special interest rate (special rate)
  • Defrost before due date, accrued interest is not paid
  • Depositors who have more than one slip, will be awarded interest on the nominal amount of each slip

Requirements of Valsa Deposit

Individual

  • Complete and sign the account opening application for new customers
  • Completed applications to open deposit for existing customers
  • 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

  • Complete and sign the account opening application for new customers
  • Completed applications to open deposit for existing customers
  • 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

Valas Deposit Interest Rate

NOMINALDURATION
1 MONTHMONTHMONTH12 MONTH
= USD 1000  < USD 1 Million   0,50%0,50%0,50%0,50%
> USD 1 Million 0,75%0,75%0,75%0,75%

Valsa Deposit Costs

  • There is no administrative cost
  • The cost of stamp duty accordance with the regulations