LLG & RTGS

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

Operational Hours:
8.30 AM – 11.30 PM

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

Operational Hours:
8.30 AM – 14.30 PM

 

Descriptions:

 

TRANSFER IN RUPIAH

 

 

 

 

 

 

 

From account in Rupiah Currency, made by Customer

From account in USD & Non USD Currency, made by Customer

From Cash made by Customer

From Cash made by Non-Customer

1

To other Banks inside the city and outside the city*

Rp.5.000

TT Buy + Rp.5.000

 

Rp 15,000 (Inside the City)
Rp 20,000 (Outside the City)

2

To other Banks through RTGS

Rp.25.000

TT Buy + Rp.25.000

Rp.25.000

Warkat BDI + Rp.50.000

3

SPKU (Transfer of money for non-Danamon Customer) to place of destination inside or outside the city (paid in advance)

Rp.30.000

TT Buy + Rp.30.000

 

No facility

4

Auto Transfer (Standing Instruction) recurring on a certain date, with a certain nominal and in a certain period.

Rp 2.000

No facility

No facility

No facility

4.1

Between accounts (per transaction)

Rp 2.000

 

 

 

4.2

To other Banks (per transaction)

Rp 5,000 + Transfer Fee

 

 

 

*A charge of Rp 1,000 per transaction has been included for the clearing procedure in Bank Indonesia

Note:

  • For SPKU/transfer cancellation by Customer (sender) or CN cancellation by Bank Indonesia, the sum paid may not be refunded.
  • Deposit interest rate payment can be effectuated in these 3 ways (according to the direction memorandum No. B.557 – DIR. December 2002):
    • Capitalized (main+interest rate)
    • Savings account credit/Bank Danamon Giro
    • Transfer to other Banks
  • Memo No.B.038.CLP March 30th 2007 regarding RTGS Transaction Service for non-Customer in all Danamon branches, effective from April 2nd 2007

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