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.

* 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

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.

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:

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.

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.