How do I open a business bank account in Indonesia?

Opening a bank account as a PT PMA

1. Copy of PT Tax card (NPWP)
2. Copy of PT Domicile letter.
3. Copy of BKPM Investment registration Letter (SIUP)
4. Copy of Deed of Establishment (AKTA)
5. Copy of ID card of all board of directors, shareholders, and authorized signers.
6. Copy of Company registration letter (TDP)

What banks need to open a business account?

What do I need to open a business bank account?

1. Employer Identification Number (EIN) or Social Security Number (SSN)
2. Personal identification.
3. Business formation documents.
4. Ownership agreements.
5. Business license.
6. Certificate of assumed name.
7. Monthly credit card revenue.

Can a non resident open a bank account in Indonesia?

A foreigner without a permanent or temporary residency can open a limited balance tourist account. This is a bank account that caters to expats and tourists visiting Indonesia for a short and limited period of time. A limited balance tourist account is also sometimes referred to as a tourist bank account.

How do I open an offshore bank account in Indonesia?

What documents do I need to open a bank account in Indonesia?

1. A valid passport.
2. A temporary resident permit (KITAS) – for example, a work permit KITAS, a KITAS sponsored by an Indonesian spouse, a retirement or dependent KITAS.
3. Proof of address in Indonesia.
4. A residency contact.
5. A domicile letter.

How much money do I need to open a business bank account?

Exact requirements to open a business bank account will vary based on the bank, your entity type and the state where you formed your business. Some banks require an opening deposit, which can range from $5 to $1,000, for example, while others allow you to open an account with $0.

Can I open business bank account online?

Opening a business checking account online is generally faster and easier than visiting a branch location and applying in person. While the process will vary slightly depending on the individual bank, you should be able to complete and submit your online application in a matter of minutes.

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