Remittances/Fund Transfer

Terms & Conditions

Outgoing Transfer (OTR)

• Cover in IDR

Free

• Cover in the same currency

<= $1,000 = $5
$1,001 - $10,000 = $10
>$10,000 = $35

• Cover in other foreign currency

Free

• Cover in bank notes in the same currency

<= $1,000 = $5
$1,001 - $10,000 = $10
>$10,000 = $35

• Cover in bank notes in the other foreign currencies

Free

• Cover in Traveler's Cheque

Free

Incoming Transfer (ITR)

1. ITR in IDR:

• Credited to IDR BNI account

• Up to IDR 1 million

IDR 15,000

• More than IDR 1 million

IDR 20,000

• Pay in cash to beneficiary

• Up to IDR 1 million

IDR 20,000

• More than IDR 1 million

IDR 25,000

• Credited to other banks

• Up to IDR 1 million

IDR 15,000 + clearing fee

• More than IDR 1 million

IDR 20,000 + clearing fee

2. ITR in Foreign Courrency

• Credited to IDR BNI account

FX Rate

• Pay in IDR cash to beneficiary

FX Rate

• Credited in the same currency to BNI account

USD 2.50

• Credited in different currency to BNI account

FX cross rate

• Pay in cash (bank notes) to beneficiary

in lieu of exchange 0.5%; min USD 5.00

3. Stop Payment/Cancellation/Refund

• Cover through Vostro (IDR)

IDR 50,000

• Cover through Vostro (USD)

USD 10.00

• Cover through Nostro

USD 20.00

4. Inquiry

case by case