Government Deposit (Foreign Currency)

A Time Deposit Product in Foreign Currencies where Deposits and Withdrawals of Funds can only be made in accordance with the agreed time period.

  • Benefits
    1. Competitive interest rates and a calculation method based on the actual number of days (1 Year = 365 days)
    2. Flexible time period range according to the needs of government agencies, namely: 1, 2, 3, 6, 12, 18, or 24 months.
    3. Freedom to choose the automatic deposit extension method (Automatic Roll Over)
  • Requirements
    1. Foreign Currency Time Deposit opening form
    2. Personal identity card of the management (KTP/PASSPORT/KITAS/KITAP)
    3. Corporate Tax ID (NPWP) and Management Tax ID (NPWP)
    4. Deed of establishment and its latest amendments
    5. Business legality (SITU/SIUP/TDP/NIB)
    6. Power of Attorney (if authorized)
    7. Requirements for Ministries/Institutions/Regional Apparatus Units/Agencies
      • Foreign Currency Time Deposit opening form
      • Letter of appointment/power of attorney
      • Personal identity card (KTP/PASSPORT/KITAS/KITAP)
      • Taxpayer Identification Number (NPWP)
    8. Procedures
      • Prospective Depositors are private Companies/Agencies.
      • Prospective Depositors fill out and sign the Foreign Currency Time Deposit opening form.
      • Prospective Depositors attach documents in accordance with applicable regulations.
      • Subject to stamp duty in accordance with Bank Jatim provisions.
      • Opening of Time Deposits is not allowed to be backdated.
      • The Bank may reject the application to open a Time Deposit if it does not meet the applicable Bank requirements and provisions.
  • RIPLAY (Product or Service Information Summary)

For further requirements, terms, or information regarding our products, please contact Bank Jatim Info 14044 or visit a Bank Jatim Branch Office directly.