RTGS (Real Time Gross Settlement)

RTGS (Real time gross settlement) systems are a funds transfer mechanism where transfer of money (in Rupiah) takes place from one bank to another, in the same city or in different city, on a ”real time”. The transactions are settled as soon as they are processed and is made in a few minutes.

Benefits:

• Enables Customer to perform easier business transactions, especially financial transactions. Customer’s credibility guaranteed.
• The fund is transferred in just a few minutes and can be received easily and securely by the beneficiary Bank.
• Customers do not necessarily have to bring cash to complete their business.

Intended for:

• Individuals
• Enterprises/Corporations

Terms and Conditions:

• Customers must have a Danamon bank account
• Customers must fill in a transfer slip form
• Customers will be charged an RTGS fee as determined by the Bank for the transaction

LLG

LLG (Lalu Lintas Giro) is a transfer service in the city, from one bank to another one

Characteristics:

• The fund originates from cash payment or account debit
• Transfer can only be made in Rupiah Currency
• Transfer limit period is based on the schedules of clearing determined by the Bank

Benefits:

• Easy and secure funds transfer
• Fast Transfer Service
• LLG is more trusted by beneficiaries

Intended for:

• Individuals
• Enterprises/Corporations

Terms and Conditions:

• Customers must have a Danamon bank account
• Customers must fill in a transfer slip form
• Customers will be charged a certain fee for the transfer transactions

To find out more,
contact Danamon Access Center 021 3435 8888