Managed based on Sharia principle of mudharabah agreement (profit sharing), the Giro BISA iB account serves as a transaction solution for the productive use of funds. The agreement period ends when customer closes the account.
Benefits
No monthly administration fees.
No transfer fees to other banks (SKN and/or RTGS), deposit clearing fees, purchase clearing fees (Cheques and Bilyet Giro), with detailed explanation as follows:
Average Balance Coverage (Rupiah) |
Customer Banking Transaction Monthly Privileges |
|||
Maksimal Clearing Deposit*1 |
Maximum Transfer SKN*2 |
Maximum Transfer RTGS*2 |
Maximum Orders for BG / Check books*2 |
|
0 – 50 million |
- |
3x |
1x |
- |
> 50 million – 500 million |
- |
5x |
5x |
- |
> 500 million – 2 billion |
Free |
30x |
20x |
1 book |
> 2 billion – 5 billion |
Free |
30x |
30x |
2 books |
> 5 billion |
Free |
60x |
60x |
3 books |
Current Account Ratio (Profit Sharing) BISA iB (Product Code: 644) effective 1 September 2021
Tier |
Previous |
Current |
||
Ratio |
Indicative Rate * |
Ratio |
Indicative Rate* |
|
0 – 50 million |
5.00% |
0.50% |
5.00% |
0.50% |
> 50 million - 500 million |
15.00% |
1.50% |
15.00% |
1.50% |
> 500 million - 2 billion |
20.00% |
2.00% |
20.00% |
2.00% |
> 2 billion – 5 billion |
25.00% |
2.50% |
22.50% |
2.25% |
> 5 billion |
30.00% |
3.00% |
25.00% |
2.50% |
* The Equivalent Rate is indicated by obtaining the Customer Ratio multiplied by the Gross Profit Distribution (GPD) in the current month (not fixed).
Ratio (Profit Sharing) Premium Business Giro iB IDR Tier (Product Code : 652) effective 1 September 2021.
Tier |
Previous |
Current |
||
Ratio |
Indicative Rate * |
Ratio |
Indicative Rate* |
|
0 – < 5 billion |
0.10% |
0.01% |
0.10% |
0.01% |
5 billion - < 10 billion |
12.50% |
1.25% |
12.50% |
1.25% |
10 billion - < 20 billion |
15.00% |
1.50% |
15.00% |
1.50% |
20 billion – < 50 billion |
17.50% |
1.75% |
15.00% |
1.50% |
50 billion - < 75 billion |
20.00% |
2.00% |
17.50% |
1.75% |
> = 75 billion |
22.50% |
2.25% |
20.00% |
2.00% |
*The Equivalent Rate is indicated by obtaining the Customer Ratio multiplied by the Gross Profit Distribution (GPD) in the current month (not fixed).
Risk
Giro BISA iB entails risks which refer to changes in fees and ratios that can be made any time by the Bank. The Bank will inform these changes through its branches, website or other appropriate media.
Procedures and Requirements
For further inquiries, clarifications or complaints, you can contact Hello Danamon at 1- 500 – 090 or visit the nearest branch.
Giro BISA iB |
Mudharabah |
Initial Deposit |
Rp 2.000.000 |
Minimum balance on hold (amountheld by system) |
Rp100.000 |
Maintaining minimum balance |
≤ Rp 500.000 |
Account closure fee |
Rp 50.000 |
Fees |
|
Monthly administration fees |
Free |
Opening Check / BG Book (in the event that it fails to meet requirements/conditions) |
Rp 125.000 |
Fee for maintaining below minimum balance |
Rp 25.000 |
Printed Statement
|
Rp 5.000 |
Simulation
Sample calculation of a customer's privilege for waver of bank transaction fees:
Customer A has an average balance in the first month of Rp. 2 billion and performs transactions in the current month, as follows:
Deposit slip
|
10 x
|
Transfer SKN
|
40 x
|
Transfer RTGS
|
10 x
|
Cheque book order
|
2 x
|
What are the customer’s benefits?
Answer:
1. Customer A receives profit share for the fund placement. Details are as follows:
Calculation of tiered profit share (ratio tier) follows the provisions of the table above wherein the formula for profit share is based on the average balance of the current first month:
Average Balance x Indicated Equivalent Rate x 30 (number of days in a month) / 365; with details:
Rp 0 – 50 million balance |
= |
50.000.000 x 0.5% x 30/365 |
= |
20.548 |
Rp 50 – 500 million balance |
= |
450.000.000 x 1.5% x 30/365 |
= |
554.795 |
Rp 500 million – 2 billion balance |
= |
1.500.000.000 x 2.0% x 30/365 |
= |
2.465.753 |
Total Profit Share |
|
|
|
3.041.096 |
The Customer receives profit share of IDR 3,041,096 before tax.
2. Customer A gets a refund for banking transactions that have been carried out during the first current month:
a) Transfer SKN |
= |
30 X Rp. 6.000 |
= |
180.000 |
b) Transfer RTGS |
= |
10 X Rp. 25.000 |
= |
280.000 |
c) Cheque Book Order |
= |
1 X Rp. 125.000 |
= |
125.000 |
Total Refund |
|
|
|
585.000 |
In order to avail of waived fees, customer must not make a deposit in the first month. So, the total profit obtained by the customer in the form of profit share and transaction refund shall be Rp. 3,041,096 + 585,000 = Rp. 3,626,096 which will be received/credited to the customer's account in the succeeding month.