Danamon-BPR Lestari Partnership for Faster and Easier Transaction Services

Jakarta, January 22 2021 - PT Bank Danamon Indonesia Tbk (“Danamon”) this day announced a partnership with PT BPR Lestari Bali (“BPR Lestari”) for the use of its virtual account and transfer API (Application Programming Interface) for BPR Lestari customers.

Under this partnership, BPR Lestari which is one of Indonesia’s leading BPRs, will implement the Danamon Transfer API application to provide real time interbank transfer services for its customers. Moreover, BPR Lestari can use Danamon's virtual account API for online fund acceptance services benefitting BPR Lestari customers. The mutual agreement was symbolically formalized at the BPR Lestari Head Office in Teuku Umar, Denpasar, Bali on 21 January 2021 in observance of strict health protocols.

“We are pleased to partner with one of the leading BPRs in Indonesia to improve quality digital banking services and expand service access to the general public. With the use of Danamon’s Transfer and Virtual Account API, BPR Lestari enable its customers to conduct real-time transactions safely, comfortably and conveniently. We would like to thank BPR Lestari for its trust and support and hope that this collaboration for digitalization signifies the beginning of a productive and sustainable partnership,” said Danamon Transaction Banking Head Andrew Suhandinata,.

"During this COVID-19 pandemic, customers need fast and safe banking services, including ease in performing transactions, without having to visit a branch office. We thank Danamon for helping us in developing this facility so that our customers can enjoy anytime, anywhere transaction services,” said BPR Lestari Bali President Director Pribadi Budiono.

Through Transfer API, BPR Lestari customers can perform real time interbank transfers via ATM or LestariMobile (mobile banking). In addition to the convenience of making transfers to other banks, this collaboration provides BPR Lestari customers the ability to deposit funds in real time, any time including holidays through the Danamon API Virtual Account.

"The partnership offers free-of-charge transactions for BPR Lestari customers," said Pribadi.
In recognition of its digital banking services, Danamon recently received three consecutive awards from international institutions, particularly Indonesia’s Best Digital Bank from the Asiamoney Best Bank Award 2020, Asia Trailblazer 2020 award from Retail Banking International (RBI) with the title Highly Commended in the Best Digital Banking Initiative category, and the 2020 DX Gamechanger award from IDC for the company's digital transformation.
The Virtual Account and Transfer API real time services boost the digital competency of BPR Lestari.

"This partnership is a big step for us in the BPR industry," said Pribadi.



For more information please contact:

Ferdi Ihdianto
External Communications Specialist
PT Bank Danamon Indonesia Tbk
Hello Danamon 1-500-090
Email: Corporate.Communications@danamon.co.id

I Putu Wisnu Merthayoga
Marketing Communications Manager
PT BPR Lestari Bali
Tel: +62 361 246706
Email: marcomm@bprlestari.com