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
- Interest rate risk;
- The Customer fails to acquire fee waives and free checkbook/BG request fee if the average balance is not achieved.
- 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.
- 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
|
0,01%
|
250 Million - < 500 Million
|
0,01%
|
500 Million - < 2 Billion
|
0,50%
|
2 Billion - < 10 Billion
|
0,75%
|
10 Billion - < 25 Billion
|
1,75%
|
≥ 25 Billion
|
2,75%
|
Interest calculation example in 1 (one) day with account balance amount is IDR 30.000.000.000,- as follows:
Gross Interest:
(250mil x 0,01%)+(250mil x 0,01%)+(1.5bil x 0,50%)+(8bil x 0,75%)+(15bil x 1,75%)+(5bil x 2,75%) = 1,280,958.90
365
Interest tax 20%= 1,280,985.90 x 20% = 256,191.78
Net Interest = 1,280,985.90 – 256,191.78 = 1,280,958.90
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 275.000,-
|
Rp 275.000,-
|
10x RTGS
|
Rp 30.000,-
|
Rp 300.000,-
|
Monthly Total Saving
|
|
Rp 844.500,-
|
Annual Total Saving
|
|
Rp 10.134.000,-
|
Requirements and Procedures
- Completing and signing Customer Data and Account Opening Form.
- 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.