Everyday Banking

Conducting daily business banking was never so easy.

Conducting daily business banking was never so easy.

Entrust all your company's cash flow management and banking transactions to us. Allocate your resources to focus more on your core business activities.

Operation Account

We would like to help your business be at the forefront. Our current account will not only help you manage your cash flow but also help pursue business opportunities globally with our multiple currency options.

Right for you if:

Transform your business to be more competitive

  • Flexibility of receiving domestic funds through 14,000 shared ATM's across Indonesia.

  • Consolidated financial statements will be delivered to you by mail for inspection and accounting.

  • Also available in SGD, AUD, NZD, GBP, EUR, JPY, HKD and CAD.

Deposit

Do you want more out of your company reserve funds? Then put it straight to work using the Citibank Time Deposit. It's a great way to enjoy higher returns with options to choose from four foreign currencies as well.

Right for you if:
ACCOUNT OPENING AND OPERATION

This document and terms and conditions which is stated in US Tax Declaration and Acceptance form (FATCA) is served as Terms and Conditions for Account opening and operation and is applicable to any Account opened by Customer at any branch of Citibank N.A., Indonesia and for any product and service available for Customer.


I. GENERAL CONDITION


I.1 Definition
I.2 Data
I.3 Account
I.4 Deposit
I.5 Transfer/Withdrawal of Funds
I.6 Statement
I.7 Specimen of Signature
I.8 Charges
I.9 Payment
I.10 Tax

II. PRODUCTS

II.1 Current/Savings Account/Deposits

III. SERVICES

Upon Bank’s approval and subject to the Terms and Conditions determined by Bank, Customer may use and enjoy the benefit of various banking services provided by Bank.

III.1 24-Hour CitiPhone Banking Service
III.2 Manual Instruction Services
III.3 Other Banking Services
III.4 Each Account owner shall be granted 1 (one) Citibank Debit Card.
III.5 ATM Services (special for Sole Proprietor Customer)

IV. MISCELLANEOUS

IV.1 Amendment of the Terms and Conditions
IV.2 Notification
IV.3 Limited Liabilities
IV.4 Dana dan Kuasa dari Nasabah
IV.5 Bank Secrecy
IV.6 Prevailing Laws

V. FATCA

V.1 Customer is classified as being a US entity if fulfills one of the categories as below:
V.2 In the event of Customer is classified as US person:
V.3 Customer is classified as being U.S. Indicia if fulfills one of the categories as below:
V.4 In the event of Customer is classified as U.S. Indicia:
V.5 In the event of Customer is a non US person, Customer declares and guarantees that Customer is not a US person for purpose of the US tax, and Customer does not act for and on behalf of a U.S. person. Customer acknowledges that a false Statement or misintrepretation of tax status by a U.S. person could lead to penalties under U.S. Law.
V.6 If there are changes to Customer tax status and Customer becomes U.S. indicia or changes in FATCA status, Customer agrees that Citibank N.A., Indonesia shall be entitled to do all acts and things it deems necessary, including but not limited to non-acceptance of any Instructions provided by Customer to purchase any investment product, liquidation of the affected assets and/or a transfer of Customer Account to an alternate vehicle. As a result, Customer agrees to bear all the costs and expenses incurred by Citibank N.A., Indonesia thereof.
V.7 In the event of Customer is a non US Entity, Customer declares and guarantees that Customer is not a US person for purpose of the US tax, and Customer does not act for and on behalf of a US person.

VI. JASA PELAYANAN OFFSHORE

Customer attest that Customer have approached Citibank, N.A.Indonesia Branch on their own and have applied for the booking, opening, and or maintenance of deposit Account(s) in Indonesia Customer acknowledge that neither Citibank N.A., Indonesia nor its agents/ employees have solicited Customer in connection with this transaction nor provided Customer with any recommendations or advice to book, open or maintain any deposit Accounts. Citibank N.A., Indonesia Branch is acting on Customer Instructions on a non- solicited basis.

Customer further acknowledge that Customer are constrained from making additional deposit to the said Account(s), except where initiated by Customer where Customer are in Indonesia at the time any transaction takes place or upon Customer specific request.

Customer undertake to be responsible for and observe laws, regulations and rules applicable to Customer use of Offshore Wealth Service including tax, foreign exchange or capital controls and for all payment, reporting or filing requirements that may apply as a result of Customer country of citizenship, domicile or residence or the location where Offshore Wealth Service activities may be conducted.

This Document has been made in compliance with the prevailing Laws and Regulations including Regulations of the Financial Services Authority.

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