Foreign Banks Are Leaving Indonesia
In Indonesia, many local branches of major international banks operate. However, in recent years, there has been a trend of closing operations with private clients, followed by the sale of offices and…
Search results for the query: indonesian banks
How do Indonesian bank cards work in other countries?
In general, Indonesian bank cards, whether Visa, Mastercard, or Unionpay, consistently work abroad. Of course, there may be an ATM that won't accept the card or even «eat» it. To minimize such issues…
Indonesia's Top 5 Banks: Pros and Cons
Indonesia, the largest economy in Southeast Asia, has a diverse banking system that offers a wide range of financial services to its customers. Let’s take a look at the top 5 banks in Indonesia, highl…
Opening an Indonesian Bank Account
Exciting news! You can now easily open a bank account at one of the top 5 Indonesian banks 💳
While in many countries, a residency permit is required to open a bank account, in Indonesia, anyone with a visa on arrival or a B211 visa can become a bank client, provided they have the required doc…
Opening a Bank Account in Indonesia
You can now open a bank account without queuing at one of 5 Indonesian banks 💳
While in most countries a residence permit is required to open an account, in Indonesia any tourist with a visa on arrival or B211 can become a bank customer. However, certain documents and a letter o…
How to Obtain a Residence Permit (KITAS) in Indonesia
Wouldn’t it be great to live in Bali without worrying about your visa expiring, handling extensions and visa runs, or explaining to customs why you frequently visit the island?
How to open a bank account in Bali
With a work visa or a residence permit, you can open an account in almost any Indonesian bank. With a guest visa, this can also be done, but not everywhere. To open an account without kitas, a letter…
Bitcoin in Bali
Bitcoin, cryptocurrencies, and blockchain projects in Bali
In Indonesia, there is a significant platform for Bitcoin, which is https://indodax.com/ (formerly known as https://www.bitcoin.co.id/). You can conveniently deposit and withdraw funds from local bank…
How to pay for travel on the toll road in Bali?
According to Indonesian authorities, the introduction of a contactless payment system called MLFF is expected on the paid road of Jasa Marga Bali in June. The new system works quite unusually. A combi…
Payment systems, electronic wallets. How to live in Bali without cash?
The Indonesian bank Permata issued a record number of cards to foreigners in February 2022. Local plastic cards are used for cryptocurrency transactions and everyday payments.
Opening a bank account in Indonesia: what do you need to be prepared for?
Many people planning to open an account in an Indonesian bank do not always realize that the process is significantly different from what we are used to. In Russia and most CIS countries, banking serv…
Selling Your Car in Bali: What Every Foreigner Needs to Know
Dear Ibu Tan! Thank you very much for your great and highly informative article! It really helps alot! Another topic for an article could be fixed-term deposits (in German — Tagesgeld or Festgeld) in I…