BRI Bank: Everything You Need to Know

Opening an Account for Foreigners

To open an account with BRI Bank for foreigners, follow these steps:
Prepare Documents:
• Passport
• Visa (such as work, tourist, or social)
• Proof of residence in Indonesia (like a rental agreement or other documentation)
Visit a BRI Branch:
• Go to the bank in person with the documents and fill out an account application.
Minimum Deposit: The minimum deposit is around 10,000,000 Indonesian Rupiah (approximately $650), depending on the account type and banking services chosen.
Foreigners can open an account with BRI Bank in Bali without a Temporary Residence Permit (KITAS), but this depends on the branch and account type. In some cases, services might be limited without KITAS, such as access to certain types of deposits or credit. It’s best to check details with a specific BRI branch.

BRI Cards

Foreigners in Bali can open various types of bank accounts with BRI (Bank Rakyat Indonesia) depending on their status and provided documents. Here are the main types of accounts available:
1. Current Account (Giro BRI)
• The Giro BRI account is intended for individuals and businesses needing regular, large transactions. It offers flexibility for everyday banking, including transfers and bill payments.
Requirements:
• Minimum Initial Deposit: From 500,000 to 1,000,000 IDR, depending on the customer type (individual or business).
Documents: Foreigners must provide a passport, visa, proof of address in Indonesia, and, if needed, documentation of the source of funds.
Fees:
• Monthly Service Fee:
• Individuals: about 12,500 IDR per month
• Businesses: varies based on service level
Withdrawal Fee:
• Free through BRI ATMs or branches
• Small fee for withdrawals at other bank ATMs
• Interbank Transfers:
• Free for BRI-to-BRI accounts
• Around 6,500 IDR for SKN transfers to other banks
• SWIFT transfers for international transactions from 150,000 IDR, depending on the amount
Transaction Limits:
• Cash Withdrawals:
• Up to 10,000,000 IDR per day at BRI ATMs
• Branch withdrawal limits may be set individually by the bank
• Transfer Limits:
• Up to 100,000,000 IDR per day for internal and interbank transfers, depending on account type and service level
Additional Services:
  • • Internet banking and the BRImo mobile app for balance checking, transfers, bill payments, and other transactions.
  • • Debit card for convenient shopping and cash withdrawals through the ATM network.
  • Account Closure: Early account closure may incur a fee, especially if the account was recently opened or conditions have not been met.
  • The Giro BRI current account is ideal for clients needing frequent large transactions in Indonesia and beyond, thanks to SWIFT capabilities and other international features.
2. Savings Account (Tabungan BRI Simpedes or BritAma)
Foreigners in Bali can open two main types of BRI savings accounts: Tabungan BRI Simpedes and BritAma. Both are intended for storing savings and handling everyday transactions, with differences in terms, fees, and limits.
Requirements: Passport and visa. KITAS is not always required for this account type.
• Tabungan BRI Simpedes
  • Minimum Initial Deposit: from 100,000 IDR (about $7)
  •  Monthly Service Fee: depends on balance, may be waived for small balances
  • Interest Rate: typically lower than BritAma, between 0.1% and 1% based on deposit amount
  • Debit Card: provided for BRI ATM access and store payments
  •  Withdrawal Fees:
  • • Free at BRI ATMs
  • • Around 6,500 IDR at other bank ATMs
  • Daily Withdrawal Limits: up to 5,000,000 IDR via ATMs
  • Transfer Limits: up to 25,000,000 IDR per day through BRImo mobile banking, up to 50,000,000 IDR at branches
  • Other Services: Access to mobile and internet banking via BRImo
• Tabungan BRI BritAma
  • Minimum Initial Deposit: from 250,000 IDR (about $16)
  • Monthly Service Fee: around 12,500 IDR
  • Interest Rate: higher than Simpedes, between 0.2% and 1% based on balance
  • Debit Card: includes international access through Mastercard or Visa networks
  • • Withdrawal Fees:
  • • Free at BRI ATMs
  • • Similar 6,500 IDR fee at other bank ATMs
  • Daily Withdrawal Limits: up to 10,000,000 IDR via ATMs
  • Transfer Limits: up to 100,000,000 IDR per day via BRImo, up to 200,000,000 IDR at branches
  • Other Services: full access to BRImo mobile banking, internet banking, international transactions, and investment options like insurance
Advantages of Both Accounts:
  • • Both accounts offer convenient access through BRI ATMs, mobile payments, and internet banking.
  • • Simpedes may be suitable for small savings with minimal requirements, while BritAma is ideal for customers needing higher limits and international access.
The choice between Tabungan Simpedes and BritAma depends on account usage needs and preferred services. Simpedes is a budget option, while BritAma caters to clients needing more transaction features and international access.
3. Foreign Currency Account (BRI Simpanan Valas)
The BRI Simpanan Valas account is specifically designed for holding and managing foreign currency. It’s convenient for foreigners and residents who wish to save in a currency other than Indonesian Rupiah (IDR).
Available Currencies:
• USD, EUR, SGD, JPY, and others on request.
Account Requirements:
• Minimum Initial Deposit: varies based on currency:
• USD: around $100
• EUR: around €100
• SGD: around S$100
• Documents: Passport for foreigners, visa or other documentation confirming legal stay. Additional documentation for large sums may be required to verify the source of funds.
Fees:
• Monthly Service Fee: Generally not charged if a minimum balance is maintained. If the balance falls below the set minimum, a small fee may apply.
• Currency Exchange: Fees for currency conversion depend on the bank’s exchange rates. Additional charges may apply for large exchanges.
• Transfers: Domestic transfers within BRI between foreign currency and rupiah accounts are usually free or have minimal fees. For SWIFT transfers abroad, fees range from 150,000 to 300,000 IDR, depending on the amount and recipient country.
Transaction Limits:
• Currency Withdrawal: Available at bank branches but may require prior notice, especially for large amounts.
• ATM Withdrawal Limits: Typically set for local currency, but conversion from foreign currency may be available at certain ATMs.
• International Transfer Limits (SWIFT): Maximum limits depend on your account and client status.
• Domestic Transfers within BRI in Indonesia: May have restrictions based on the transfer amount.
Benefits:
  • • Stable Currency Savings: Helps protect funds from fluctuations in the Indonesian Rupiah exchange rate.
  • • Flexibility: Easy transfers between foreign currency and rupiah accounts.
  • • Interest Earnings: Depending on the currency in the account, the bank may offer a small interest rate on the balance.
Drawbacks:
  • • Currency Fluctuations: Exchange rate changes may affect the final amount during withdrawals or transfers.
  • • Currency Withdrawal Restrictions: In some cases, advance notice is required for large foreign currency withdrawals.
BRI Simpanan Valas is a convenient way for foreigners and residents to manage funds in foreign currencies in Indonesia, especially for international transactions or maintaining funds in stable currencies.
4. Time Deposit Account
A Time Deposit account is a fixed-term savings account offering a guaranteed interest rate for a specific duration. This product provides an opportunity for clients to earn income on savings based on a fixed interest rate, depending on the deposit term and amount.
Requirements: Passport, visa, proof of source of funds (for large sums).
Key Conditions:
• Minimum Deposit: Varies based on currency and deposit type.
• For Indonesian Rupiah (IDR) deposits, the minimum is 10,000,000 IDR (around $650).
• For foreign currency deposits (e.g., USD), the minimum is 1,000 USD.
• Deposit Terms: Can range from 1 month to 24 months. The longer the term, the higher the interest rate offered. Interest rates depend on the term and deposit amount.
• Interest rates for foreign currency deposits (e.g., USD) are also influenced by international market conditions and may differ from IDR rates.
• Interest may be paid at the end of the term or periodically, depending on the agreement with the bank.
Fees and Charges:
• Service Fee: Usually not charged, as fixed deposits require no active management. However, early withdrawal may incur penalties or fees.
• Early Withdrawal Penalty: If you decide to close the deposit before the term ends, the bank may charge an early withdrawal fee, which could reduce overall earnings.
Transaction Limits:
• Funds can only be withdrawn at the end of the deposit term. Otherwise, penalties apply for early withdrawal.
• At the end of the term, you can either receive the full amount with interest or renew the deposit for a new term with a revised interest rate.
• Deposit Top-up: Typically, additional funds cannot be added to a fixed deposit once opened; a new deposit would be required for additional funds.
• Automatic Renewal: If no withdrawal request is made at the end of the term, the deposit may be automatically renewed for a new term at the prevailing interest rate per the bank’s current terms.
Benefits:
  • • Guaranteed Returns: The interest rate is fixed at the time of opening, ensuring stable income regardless of market conditions.
  • • Low Risk: Funds are insured, and income is known in advance, making these deposits a reliable savings option.
  • • Currency Variety: Deposits can be opened in Indonesian Rupiah as well as major foreign currencies (USD, EUR, etc.).
Drawbacks:
  • • Limited Access to Funds: You cannot withdraw or use the funds before the deposit term ends; otherwise, penalties apply.
  • • Fixed Conditions: If market interest rates rise, your deposit will remain at the original rate until the end of the term.
5. Customer Account (Rekening Dana Nasabah)
Rekening Dana Nasabah (RDN), or the customer account for the stock market at BRI, is designed for those looking to trade securities on the Indonesian stock market. This account holds funds used for buying and selling stocks, bonds, and other securities.
Account Opening Conditions:
• Customer Requirements: Both Indonesian citizens and foreigners with valid documents can open an RDN. Foreigners may need to provide additional documents such as a KITAS (temporary residence permit) or passport.
• Minimum Deposit: There’s usually no minimum deposit for opening an RDN. However, to start trading on the stock market, you’ll need to fund the account with the minimum amount required to buy securities.
 Documents Required:
• Passport or ID.
• Tax Identification Number (NPWP) for Indonesians or equivalent tax ID for foreigners.
• Additional documents based on bank and brokerage policies.
Fees and Charges:
• Stock Trading Fees:
• Purchase fee: typically 0.15%-0.25% of the transaction amount.
• Sale fee: 0.25%-0.30% of the transaction amount.
• Account Management Fee: Some brokers and banks may charge a maintenance fee for RDN, though it’s usually minimal or waived if the account is actively used.
• Custody Fees: A fee for holding securities, charged monthly or annually based on portfolio size.
Transaction Limits:
• Deposits and Withdrawals: Can be made in Indonesian Rupiah. Transfers between RDN and your main bank account may take up to 1–2 business days, depending on the broker or bank.
• Funding Limits: Limits on deposits or withdrawals are set by the bank and broker, depending on account type and client activity level.
• Trading Limits: Stock and bond transactions are not capped by fixed limits but are regulated by the RDN balance and available funds. In some cases, brokers may offer margin loans, allowing trading beyond the current balance.
Advantages:
  • • Convenience: RDN at BRI enables easy participation in Indonesian stock market trading, managing funds through a single account.
  • • Transparency: All operations follow strict security and transparency standards set by Indonesia’s financial regulators (OJK).
  • • Management via Mobile App: Accessible through online banking and mobile apps like BRImo for managing transactions and tracking investments.
Drawbacks:
  • • Trading Fees: Active traders may incur substantial fees on frequent stock purchases and sales.
  • • Complexity for Foreigners: Additional documentation may be required for foreigners, complicating the account opening process.
Rekening Dana Nasabah at BRI is a convenient tool for those looking to invest in the Indonesian stock market. This account provides the financial mechanisms needed for stock and bond trading, with convenient management via online banking and mobile apps, though it requires attention to fees and regulatory requirements for foreign clients.

SWIFT Transfers

SWIFT transfers are a convenient way to send and receive international money transfers.
Conditions for SWIFT Transfers:
• Required Information:
• Recipient’s name and address.
• BIC/SWIFT code of the recipient’s bank.
• Recipient’s account number (IBAN for certain countries).
• Payment purpose (e.g., “Service payment” or “Personal transfer”).
• Transfer Time: Typically, SWIFT transfers take 1 to 5 business days depending on the recipient’s country and bank processing speed.
Fees:
• Sending SWIFT Transfers: BRI Bank’s fee for sending international transfers varies depending on the transfer amount and destination country, averaging from 150,000 to 300,000 IDR for standard transfers. Additional intermediary bank fees may apply.
• Receiving SWIFT Transfers: A fee may be charged to receive an international SWIFT transfer in your BRI account, usually ranging from 50,000 to 100,000 IDR, though it may vary based on the transfer amount.
Limits:
• Minimum Amount: Typically, there is no minimum amount for SWIFT transfers, but some banks may impose minimums for international payments.
• Maximum Limits: Maximum limits depend on account type and bank policies. For individual clients, the annual maximum for international transfers is often up to 100,000 USD. Large transfers may require additional documentation, such as a tax return or source of funds documentation.
Benefits:
  • • Reliability and Security: SWIFT is a highly secure international system ensuring precise, safe international transactions.
  • • Wide Reach: SWIFT is used by all major international banks, making it accessible almost anywhere in the world.
Drawbacks:
  • • High Fees: SWIFT transfer fees may be higher than those of alternative money transfer systems, especially for small amounts.
  • • Processing Time: Transfer times may be slightly longer compared to quick online money transfer services.
Steps for SWIFT Transfer:
• Gather Required Information:
• Full name and address of the recipient.
• Recipient bank’s name and address.
• Recipient bank’s SWIFT code (BIC).
• Recipient’s account number (or IBAN for applicable countries).
• Purpose of payment (e.g., payment for services or goods).
• Visit the Bank or Use Online Banking:
• You can visit the nearest BRI branch or use internet banking (BRI Internet Banking or BRImo) if available for international transfers.
• Complete the SWIFT Transfer Form:
• At the bank branch, a bank representative will provide you with a form for international transfers. Fill in all required recipient information fields.
• Through internet banking, enter the recipient’s details in the international transfers section.
• Check Fees and Limits:
• Ensure you understand the transfer fee (based on transfer amount and destination) and the limits for SWIFT transfers.
• Send the Funds:
• After verifying all information and confirming the transfer amount, the funds will be sent. The bank may deduct the transfer fee directly from your account.
• Receive Confirmation:
• Upon completion, the bank will provide a receipt or electronic confirmation with a transaction number (SWIFT reference number), which may be needed to track the transfer status.
Use the SWIFT number to track the transfer through the bank.

Ways to Request a BRI Bank Statement for Address Verification

To request a bank statement from BRI, which may be needed to verify your address, you can use several methods:
1. At a Bank Branch:
• Visit the nearest BRI branch in person with your ID or passport and account details.
• Fill out a statement request form, specifying the period for which you need the statement, and ask for an official statement with address confirmation.
2. Through Internet Banking:
• If you have BRI Internet Banking access, log into your account to request an electronic statement.
• Go to the “Statements” or “Transaction History” section, where you can download a PDF statement. These usually include necessary details like the address.
3. Through the BRImo Mobile App:
• Open the BRImo app on your smartphone and log in using your BRI User ID and password or biometric authentication.
• Select the account you want the statement for, tap on it to view details, and find “Transaction History” or “Statement.”
• Choose the period and download the statement in PDF format. You may also have the option to email the statement.
4. By Phone:
• Prepare your account number, ID details, and any additional verification information before calling.
• Call BRI Customer Service at 14017 or +62 21 1500 017 (if calling internationally).
• Specify the statement period and how you’d like to receive it: email (for a digital copy) or by mail (for a paper copy).
5. By Email:
• Email BRI’s official support address with the following details:
• Subject: “Account Statement Request”
• Body: Full name, account number, statement period, and contact information.
• After sending, the bank will process your request within a few business days, sending a PDF or other digital format to your email.
Notes:
• Fees: Some methods (like a mailed paper copy) may incur a small fee.
• Processing Time: Statements by phone or email generally take 1-3 business days.

Withdrawing Cash at an ATM Without a Card (Mobile Cash)

1. Open the BRImo app and select the “Mobile Cash” option.
2. Enter the amount to withdraw.
3. Confirm, and receive a code or QR code for cash withdrawal.
4. Go to a nearby BRI ATM with Mobile Cash support, select “Mobile Cash” on the ATM, and use the code or QR to withdraw cash.
Notes:
• Withdrawal Limits: Limits depend on your account type and bank conditions.
• Code Expiry: Codes are usually valid for 1-2 hours.

Checking Your BRI Account Number

1. Via BRImo App: Log in, and your account number will display with your balance.
2. Internet Banking: Log in, and find your account number in the “My Accounts” section.
3. At a Branch: Bring ID to any BRI branch, and staff will help locate your account number.
4. Bank Agreement: Check the account agreement you received upon opening the account.
5. ATM: Insert your card, select balance or statement, and your account number will display on the screen.

Mobile Phone Payments

1. BRImo App: Log in, select “Payments,” choose “Phone Payment,” select the mobile operator, enter the phone number and amount, and confirm the transaction.
2. ATM: Insert your card, enter PIN, select “Payment,” choose “Phone Payment,” enter the mobile number, amount, and confirm.
3. Internet Banking: Log in, go to “Payments,” select “Phone Payment,” enter the operator and phone number, confirm the amount.
4. SMS Banking: Send a code via SMS to BRI (14017) with your mobile payment details.
5. Branch: Visit any BRI branch and request phone payment assistance.

Transferring Currency Between BRI Accounts

  • 1. BRImo App: Log in, select “Transfer Between Accounts,” choose the source and target accounts, specify the currency, check the details, and confirm.
  • 2. Internet Banking: Log in, go to “Transfers,” select “Transfer Between Accounts,” enter account and currency details, and confirm.
  • 3. At a Branch: Visit any BRI branch, request a currency transfer between accounts, and staff will assist.
Fees and Limits:
• Currency Conversion: Currency conversion fees may apply, and exchange rates are set by the bank.
• Transfer Limits: Limits may vary by account type; check with BRI or in Internet Banking.

Customer Support

1. Phone Support:
You can contact the bank at 14017 for consultations and support. This number is for bank clients within Indonesia. For international calls, you can use +62 21 1500 017.
2. Email Support:
BRI Bank provides email support. You can send your inquiries or requests to callbri@bri.co.id.
3. Chat and Online Support:
The BRImo app offers a chat feature for quick communication with support representatives, allowing you to ask questions and receive real-time responses.
4. Social Media:
BRI Bank actively uses social media platforms like Facebook and Twitter. You can message them or leave a comment on their pages to get assistance.
5. Branch Visits:
If you are in Bali, you can visit any BRI Bank branch. The bank staff will assist you with any questions or issues you may have.
For more information on products and services, visit BRI Bank’s official website.

Mobile Application

The BRImo mobile app from BRI Bank offers numerous features to make managing finances convenient and accessible. Here are the main features available in the app:
1. Account Management
Users can view their account balances, including savings, current, and foreign currency accounts. Recent transaction details are also available.
2. Funds Transfers
BRImo allows transfers between your own accounts, to other BRI accounts, including B2B and SWIFT transfers, as well as transfers to other banks.
3. Bill Payments
The app supports payment of various bills, such as electricity, water, internet, and mobile services. Users can easily add and manage their payments.
4. Product and Service Purchases
BRImo offers the option to purchase a variety of goods and services, including prepaid cards, event tickets, and more.
5. Budget Planning
Budgeting tools in the app help users track their expenses and manage finances more effectively.
6. Credit Card Management
Users can manage their credit cards, view limits, and pay outstanding balances.
7. Security
The app provides multiple security features, including two-factor authentication and card-blocking options in case of loss.
8. Loyalty and Promotions
Users can track their Permata Points and other loyalty programs, as well as stay updated on current promotions and offers from the bank.
9. Chat and Customer Support
A chat function is available to connect with support representatives, enabling quick assistance with any questions.
10. Investments and Savings
The app includes tools for investments and savings management, including the option to open deposit accounts.
For more information about the BRImo app features and usage, visit BRI’s official website or check the app description in app stores.

Browser Application

BRI Bank offers clients the convenience of managing their finances through internet banking in a browser. Here are the main features and options available in BRI Bank’s web application:
Main Features of BRI Internet Banking:
1. Balance and Transaction Viewing:
Users can easily check their account balances and transaction history for a selected period.
2. Funds Transfers:
Transfers between own accounts, to other BRI clients, and to accounts at other banks are available.
3. Bill Payments:
Internet banking supports payments for various services, such as electricity, water, internet, and mobile services.
4. Credit Card Management:
Clients can view credit card information, make payments, and manage limits.
5. Investments and Savings:
Access to open deposit accounts and other investment products through the bank.
6. Security Settings:
Users can adjust security settings, such as changing passwords and enabling two-factor authentication.
How to Access BRI Internet Banking:
1. Open a browser and go to bri.co.id.
2. On the homepage, locate the link for internet banking, usually at the top of the page or in the “Navigation” section.
3. Enter your login and password in the relevant fields. If you don’t have an account, you’ll need to register, which can typically be done through the BRImo app or at a bank branch.
4. If you have two-factor authentication enabled, you may need to enter a code sent to your mobile phone or email.
5. After entering all details, click “Login” to access your account.
Tips:
  • • Ensure your internet connection is secure, and you are on the bank’s official website.
  • • If you forget your password, use the password recovery feature available on the login page.

How to Reset Your Password

1. Go to the BRI internet banking login page on the official BRI website.
2. Click the password reset link, typically labeled “Forgot Password?” or “Password Recovery.”
3. Enter the necessary details, such as your account number, phone number, or other identifying information.
4. Follow the on-screen instructions, which may include identity verification through a code sent to your phone or email.
5. Set a new password after your identity is confirmed, ensuring it meets the bank’s security requirements.
Additional Options:
If you have trouble resetting your password online, you can contact BRI’s support team by phone or visit a bank branch for assistance.

BRI Smart Billing

BRI Smart Billing is an automated billing and payment management system developed by Bank Rakyat Indonesia (BRI).
Individuals can use BRI Smart Billing to manage regular payments, such as utilities, mobile, or internet bills. This system automates the payment process, reducing the risk of missed payments.
Key Features Include:
• Automatic bill payments on schedule.
• Notifications for upcoming payments.
• Payment history tracking for better financial management.
Benefits:
  • • Convenience: Automating payments reduces the chance of errors.
  • • Time Savings: The system sends and tracks bills independently.
  • • Transparency: Easy control over all transactions.
This service is ideal for people who want to save time and avoid errors with regular payments.
How to Set Up BRI Smart Billing:
1. Register for the system via the official BRI website or mobile app.
2. Link your account to start using automated billing features.
3. Set up automatic sending and receiving of bills through the system, integrating it with your existing banking transactions.
Additional Costs:
Fees may apply for using the system, depending on the type of transaction and usage volume.

Bank Branches

Ubud
Canggu
Denpasar 
Kuta and Legian 
Seminyak and Kerobokan 
Sanur
EN
12/11/24
12/11/24
How to distinguish the real BRImo FSTVL promotion from scams: security tips
Recently, there has been an increase in scams using fake promotions like BRImo FSTVL, leading to an active warning campaign from BRI Bank.
Fraudsters create fake social media pages and websites, promising big prizes like cars or cash rewards. Victims are asked to provide personal information and transfer money to participate.
To protect yourself, BRI Bank recommends only checking promotions through official channels, such as the BRImo app or the bank's website, and avoiding suspicious links.
Key tips for users:
1️⃣ Always verify information about promotions and offers through the official BRImo app or the BRI website.
Real promotions and contests are always conducted through verified sources such as social media, official pages, and mobile apps. If an offer does not appear on the bank's official channels, it is probably a scam.
2️⃣ Never click on unverified links or download files from suspicious sites. Scammers often create fake sites that look like the official bank site but are intended to steal your data.
It's essential to remember that genuine bank promotions do not require clicking on links from unfamiliar sources.
3️⃣ Never share your personal information, like PIN codes or card details, with strangers or on suspicious sites.
BRI Bank will never ask you to provide these details through unofficial channels.
4️⃣ Scammers often use tricks like promising huge prizes to make people act quickly without thinking.
Be alert if you are asked to transfer money or provide confidential information.
5️⃣ If you have doubts about any offer or request, always verify its authenticity by calling BRI Bank directly or checking through the official mobile app.