What Indonesian bank do you recommend?

[BPNBound]

Hi Guys,

Looks like my family and I are moving to Kalimantan from Australia for an engineering firm.

For a family of five spending a lot of time in Balikpapan, Jakarta and Singapore, should we just go BCA or use HSBC or Citibank to have some flexibility when outside Indonesia.

 

[snpark]

Both
BCA for Domestic and open an HSBC for when you want to transfer to / from overseas - in some cases (like GBP) you can even get the money same day, when I transfer from Lloyds TSB offshore in Isle of Man to HSBC Jakarta, I can call on the phone banking before 1pm UK time and sometimes I check 11pm in Jakarta and it already shows in my HSBC - for sure next day 100% anyway because Lloyds send it to HSBC London and of course HSBC - HSBC is instant (or should be)

But for local domestic transfers, payments, credit card, I totally recommend BCA, been here over 10 years never ever had a problem with anything and very rarely even have to go to the branch or call them.

 

[snpark]

BCA still works fine internationally for their cards, but to transfer int'l you have to go to the branch, but HSBC you can do int'l online
BCA do an SG airways credit card also
HSBC do card but with airmiles not spec. SG air

 

[BPNBound]

Thank you very much @snpark

 

[snpark]

Welcome

 

[snpark]

We acknowledged the receipt of your urgent reply, and forwarded requested details/information for the immediate release of your long overdue payment of £12,500 000 (Twelve Million Five Hundred Thousand Great British Pounds) which has been approved to you by the (United Nation Volunteer) as the rightful beneficiary, and as one of the final recipients of the Cash Grant /Donation for your own personal, education and business development,Charity.

In line with our payment formalities you are advice to choose from the three options stipulated below and get back to us with your preferable option on how you want to receive your funds, this option will help or us to finalized the processing of your payment without further delay,


1. Do you want it by Bank To Bank Telegraphic Wire Transfer To You Bank Account.?

2. Do you want it by Electronic ATM CARD, Your money would be plugged into ATM Card which you can use globally to withdrew.

3. Do you want it by Diplomatic Delivering Means, with this option your money can be delivered at your door step.


We shall proceed with the payment as soon as we received your preferable option.

We shall be waiting for your urgent and prompt response.email [email protected]


Best Regard's.
Brian McAreavey.
Director International Remittance Department
United Nation Volunteer. (UNV) London.

Still need a Nanny?
Or a financial advisor. Lol

 

[snpark]

My British pounds aren't so great these days

Any chance of it in Fantastic European Dollars ?

 

[DzulnSiti]

Both
BCA for Domestic and open an HSBC for when you want to transfer to / from overseas - in some cases (like GBP) you can even get the money same day,.

If I transfer about SGD400k from Singapore to HSBC Indonesia will the bank ask question? Because last time when my wife want to deposit Rp200k they ask a lot of question at BNI Batam .The money is from my pension fund that I will get if I become WNI.

 

[snpark]

If I transfer about SGD400k from Singapore to HSBC Indonesia will the bank ask question? Because last time when my wife want to deposit Rp200k they ask a lot of question at BNI Batam .The money is from my pension fund that I will get if I become WNI.

Not really because your bank in SG has already done their due diligence when you deposited it . However courtesy to forewarn Hsbc in advance will be beneficial and get you better rates etc

For example inquire about deposit rates and then mention you have $400 you want to invest from SG.
Tell them you are going to transfer it and what would they need to make things easier . Chances are just a bank statement copy from the Sg bank is enough and maybe just a letter detailing how you have it. Life savings Property sale. Lottery win . Etc etc

You shouldn't have problems if you use a bit of common sense and some manners . HSBC is a big enough bank to be used to such sums .

Open Hsbc premier also . Will be better in the long run .

 

[jstar]

If I transfer about SGD400k from Singapore to HSBC Indonesia will the bank ask question? Because last time when my wife want to deposit Rp200k they ask a lot of question at BNI Batam .The money is from my pension fund that I will get if I become WNI.

You need to report bigger amounts like these and (most) banks use standard forms. Just to avoid money laundering. In fact the foreign / Singaporean bank doesn't have a lot to do with this, it is an Indonesian (BI) requirement.