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Topic: Creating indonesian bank account
Views: 1431 Replies: 3
Topic: Creating indonesian bank account
Views: 1431 Replies: 3



Posted in

Indonesia Indonesia



Creating indonesian bank account

Thinking this year instead of getting $5- $15 doller Cirrus charges each time for withdrawing
1million rupes each time, (often done many times in a row) wouldn't it be better to have an indonesian bank account.
Some places don't even have Cirrus international ATM's.
Would like to constantly direct debit /transfer small amounts of cash into the account rather than having a hiding spot in luggage too.

Can it be done by an Australian citizen?
What are the problems and charges etc..



RE: Creating indonesian bank account

Yeah...my missus is Indonesian so we do this (we both live in OZ)

May be able to set up on net..or do it in Bali if your bahasa's not 100%..

Take it all in cash then put it in account, you can do international bank transfers from Oz but they cost about $25-$30 each time.(no limit on ammount)

Do a search for BCA bank there one of the better Indo banks that are everywhere...you should be able to view site in english.



RE: Creating indonesian bank account

Foreigners can set up an Indonesian bank account in their name if they are living and working in Indonesia on a KITAS visa.  To get this visa you will need to be sponsored by the company you work for.  The visa is valid for 12-months and renewable every year, costing approx. US$1800 / yr.  As a foreign resident in Indonesia you also need to have an NPWP (Indonesian tax file number) otherwise you'll be hit with FISCAL (Tax paid by KITAS/WNI when you leave Indonesia, currently Rp2.5 mil per time) plus departure tax of Rp150.000.  As a foreign resident you also have to apply for an exit permit to leave the country, these can be multiple or single and vary in length of validity.

Looking for surf spots in Indonesia ?

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