These General Terms and Conditions of MLD Fresh Fund 2025 (“General Terms and Conditions”) are the terms and conditions that apply to Customers who meet the criteria to participate in the MLD Fresh Fund Program 2025 (“Program”) organized by PT Bank Danamon Indonesia Tbk (“Bank Danamon”).
This program is held for New to Bank (NTB) customers and existing Bank Danamon (ETB) customers (“Customers”) who participate in MLD in USD currency with a 6 (six) month tenor offered during the Program Period using fresh fund sources in accordance with the General Terms and Conditions of the Program.
The Customer hereby agrees and is bound by all provisions in the General Terms and Conditions as follows:
The Program Period starts from 17 June 2025 to 30 November 2025 (“Program Period”).
The program can be followed by customers who have registered with Bank Danamon (existing to Bank) or customers who will register as customers at the Bank who have or will have active Bank Danamon savings products in USD and IDR (not dormant/closed) during the Program Period ("Customers").
Customers can join the Program in the following ways:
Cashback | Fresh Fund | Monthly Quota | Total Monthly Quota |
---|---|---|---|
MLD Fresh Fund Program 2025 | in IDR | 51 | 74 |
in USD | 23 |
Customers who have fulfilled the General Terms and Conditions of the Program and are included in the Cashback Quota are entitled to receive cashback as follows:
ILLUSTRATION OF CUSTOMER A - Entitled to Cashback IDR 1,000,000 (one million Rupiah) with Fresh Fund Transfer in USD during the MLD Bookbuilding Period
In June 2025, Customer A participated in MLD USD Tranche 190 with a bookbuilding period of June 16 – June 20, 2025, and a transaction date of June 24, 2025. The Customer then made a remittance to Bank Danamon in the amount of USD 10,000 (ten thousand US Dollars) to participate in MLD USD Tranche 190 on June 16, 2025, and completed all the required MLD participation forms.
ILLUSTRATION OF CUSTOMER B - Entitled to Receive IDR 500,000 (five hundred thousand Rupiah) Cashback with Fresh Fund Transfer in IDR during the MLD Bookbuilding Period
In June 2025, Customer B participated in MLD USD Tranche 190 with a bookbuilding period of June 16 – June 20, 2025, and a transaction date of June 24, 2025. The Customer then made a remittance to Bank Danamon in the amount of IDR 170,000,000 (one hundred and seventy million Rupiah) which was then transacted to buy USD to be included in MLD USD Tranche 190 in the amount of USD 10,000 (ten thousand US Dollars) on June 18, 2025, and completed all the required MLD participation forms.
ILLUSTRATION OF CUSTOMER C - Entitled to receive IDR 1,000,000 (one million Rupiah) Cashback by transferring Fresh Funds in USD within a maximum of 7 (seven) calendar days before the MLD USD bookbuilding period begins
In June 2025, Customer C participated in MLD USD Tranche 190 with a bookbuilding period of June 16–June 20, 2025, and a transaction date of June 24, 2025. Previously, the Customer had made a remittance to Bank Danamon in the amount of USD 10,000 (ten thousand US Dollars) on June 10, 2025, and then the Customer participated in MLD USD Tranche 190 using these funds by completing all the required MLD participation forms.
ILLUSTRATION OF CUSTOMER D - Not entitled to receive cashback because the fresh fund was received more than 7 (seven) calendar days before the MLD USD bookbuilding period began
In June 2025, Customer D participated in MLD USD Tranche 190 with a bookbuilding period of June 16–June 20, 2025, and a transaction date of June 24, 2025. Previously, the Customer had made a remittance to Bank Danamon in the amount of USD 10,000 (ten thousand US Dollars) on June 3, 2025, and then the Customer participated in MLD USD Tranche 190 using these funds by completing all the required MLD participation forms.
ILLUSTRATION OF CUSTOMER E - Not entitled to receive cashback because the fresh funds were entered after the MLD USD bookbuilding period that the customer participated in ended
In June 2025, Customer E participated in MLD USD Tranche 190 with a bookbuilding period of June 16 – June 20, 2025, and a transaction date of June 24, 2025. Previously, the Customer had made a remittance to Bank Danamon in the amount of IDR 170,000,000 (one hundred and seventy million Rupiah) on June 23, 2025, and then the Customer wanted to participate in MLD USD Tranche 190 using the funds by purchasing USD in the amount of USD 10,000 (ten thousand US Dollars) and completing all the required MLD participation forms.
WARNING
Beware of fraud. Make sure you are careful and not fooled by individuals who claim to be from Bank Danamon. Any form of fraud or other acts committed by other/third parties associated with this Program are beyond the authority of Bank Danamon.