Giro BISA is a product designed to offer your business convenience with a range of features and competitive interest rates.
The following benefit of Giro BISA account:
Giro BISA features:
Customer Criteria |
Individual and Non-Individual |
Currency |
Rupiah |
Transaction Documentation System |
Statement / e-Statement |
Minimum Initial Deposit |
IDR 2.000.000 |
Retaining Balance |
IDR 50.000 |
Minimum balance required to avoid penalties |
IDR 5.000.000 |
Interest Rate |
Interest is calculated using a tiering concept that is based on daily balances, and will be credited to the appropriate Current Account at the end of the month after tax deductions in accordance with prevailing laws and regulations. |
Joint Account |
Combined accounts in the form of "AND" or "OR" are permitted. |
Risks:
Benefits:
Transaction fees are waived in accordance with the following terms:
Average Balance (IDR) |
Number of Free Transactions Per Month *** |
|||
Clearing Deposits* |
SKN** |
RTGS** |
Buku Cek/BG** |
|
0 - < 100 millions |
All |
- |
- |
- |
100 millions - < 500 billions |
All |
55 |
10 |
1 |
500 billions - < 2 billions |
All |
55 |
15 |
2 |
2 billions - < 5 billions |
All |
55 |
25 |
3 |
5 billions - < 10 billions |
All |
55 |
35 |
5 |
> 10 billions |
All |
All |
55 |
All |
* Waived fees are applied directly at the
time of transaction.
** Waived fees are applied through a refund mechanism on every 10th of the following month based on the previous
month's average balance.
*** Does not apply to fees debited on a consolidated or cash basis.
Fees:
Description |
Nominal |
Monthly administration fee |
Rp 50.000 |
Penalties for below minimum balance |
Rp 50.000 |
Dormant fee |
Rp 100.000 |
Account closure |
Rp 50.000 |
Simulation:
Simulation of waived transaction fees and Cheque/BG book for balances averaging 100 millions - < 500 millions:
Transaction |
Fee Per Transaction (IDR) |
Total Fee (IDR) |
55x SKN |
2.900 |
159.000 |
55x Clearing |
2.000 |
110.000 |
Cheque/BG Book (1 piece) |
275.000 |
275.000 |
10x RTGS |
30.000 |
300.000 |
Total monthly savings |
|
844.500 |
Total annual savings |
|
10.134.000 |
A simulation of how interest is calculated for a Giro BISA account (one day) with a balance of IDR 30,000,000,000, based on tiered interest rates as outlined below:
Tiering |
% |
0 - < 250 millions |
0,01% |
250 millions - < 500 millions |
0,01% |
500 millions - < 2 billions |
0,50% |
2 billions - < 10 billions |
0,75% |
10 billions - < 25 billions |
1,75% |
≥25 billions |
2,75% |
Gross Interest
Interest tax 20% = 1,280,958.90 x 20% = IDR 256,191.78
Net interest = 1,280,958.90 - 256,191.78 = IDR 1,024,767.12
Notes:
Requirements and Procedures:
For inquiries or complaints regarding Bank Danamon's BISA Current Account transactions/services, customers can contact Hello Danamon via phone at 1-500-090 or email at hellodanamon@danamon.co.id.