Giro BISA

Bank Danamon provides convenience to the Customer in performing banking transaction through BISA Current Account in Rupiah with lots of interest rate benefit, free transaction fees (according to the following table) and transaction convenience through Bank Danamon internet banking.

Average Balance***

(in rupiah)

Total of Fee Waived Transactions

Clearing/Intercity Clearing*

National Clearing**

Checkbook/BG**

RTGS**

0 -<100 Million

All

-

-

-

100 Million - < 500 Million

All

55

1

10

500 Million - < 2 Billion

All

55

2

15

2 Billion - < 5 Billion

All

55

3

25

5 Billion - < 10 Billion

All

55

5

35

≥ 10Billion

All

All

All

55

* Fee waives will be given through direct waive mechanism when transaction happen.
** Fee waives will be given through refund mechanism in the next month.

BISA Current Account Features

Types of Customer

Individu

Non Individu

Currency

Rupiah

Joint Accounts

Allowed in the form of joint “OR” and/or “AND”

Ownership

Account and Bank notes act as proofs of the Customer funds.

Initial Deposit

Rp.2.000.000,-

Interest Rate

Interest rate can be accessed by the Customer on information media that has been pointed by Bank Danamon, such as Bank Danamon official website.

Interest will be calculated based on daily balance and will be accounted on the Customer’s BISA Current Account after taxed according to the applied rules.


Risk

  1. Interest rate risk;
  2. The Customer fails to acquire fee waives and free checkbook/BG request fee if the average balance is not achieved.
  3. Risk of Blank Check/BG where the Check and/or BG that is disbursed with Clearing or over the counter get denied on payment or transfer by the Bank due to insufficient balance or closed current account as stipulated on Bank Indonesia Regulation. 
  4. The owner of a current account will be included in the National Blacklist (DHN) if it meets the Bank Indonesia DHN criteria regarding blank Cheque / Bilyet Giro.

Fee

Fee debiting will be monthly charged systematically or according to the regulations applied in Bank Danamon.

Guidance

Fee (Rupiah)

Monthly administration

50.000

Retained balance

50.000

Non-penalty minimum average balance

5.000.000

Penalty for under minimum balance.

50.000

Account closing

50.000


SIMULATION

A. Interest Account Calculation

BISA Current Account interest calculation can be done daily by the system and credited to the account once a month.

An assumption of tiering (progressive) interest rate as follows:

Tiering

%

0 - < 250 Million

0,15%

250 Million - < 500 Million

0,75%

500 Million - < 2 Billion

1,50%

2 Billion - < 10 Billion

1,75%

10 Billion - < 25 Billion

3,00%

≥ 25 Billion

4,50%


Interest calculation example in 1 (one) day with account balance amount is IDR 30.000.000.000,- as follows:

Gross Interest:

(250mil x 0,15%)+(250mil x 0,75%)+(1.5bil x 1, 50%)+(8bil x 1,75%)+(15bil x 3,00%)+(5bil x 4,50%) = 2.300.684,93

                                                                             365

Interest tax 20%= 2.300.684,93 x 20% = 460.136,99

Net Interest = 2.300.684,93 - 460.136,99 = 1.840.547,94

Notes:

  • Dividing numbers on interest calculation based on calendar days in a year.
  • Simulation above is only an illustration,
  • Interest rate level may change anytime.

B. Fee Calculation

The following is a simulation of fee waived transaction and free Checkbook/BG for average balance between 100 million to 500 million.

Transaction

Fee

Total Fee

55x SKN

Rp 2.900,-

Rp 159.500,-

55x Kliring

Rp 2.000,-

Rp 110.000,-

1 Checkbook/BG

Rp 100.000,-

Rp 100.000,-

10x RTGS

Rp 35.000,-

Rp 350.000,-

Monthly Total Saving

 

Rp 719.500,-

Annual Total Saving

 

Rp 8.634.00,-


Requirements and Procedures

  1. Completing and signing Customer Data and Account Opening Form.
  2. Completing required document, such as:
    • A copy of valid ID (ID/driving license/passport)
    • A copy of NPWP
    • Other documents.

For Information/Customer Service, please visit the nearest branch or call Hello Danamon in 1-500-090.