Tabungan Mestika Dollar is a savings product in foreign currency (USD/SGD). The benefits of this saving are :

• Multi rate interest. The greater the account balance, the higher the interest rate is and is calculated daily.
• Savings book is provided.
• Transaction at all offices of Bank Mestika * (cash deposit and withdrawal is converted to/from Rupiah in accordance to the running exchange rates)

Beginning Balance and Minimum balance

• minimum beginning balance (USD/SGD) : $ 100
• minimum balance (USD/SGD) : $ 10

Terms and Conditions

• The client is an individual.
• The client shall present a valid original identity card (resident identification card/KTP, driving license, temporary work permit/KITAS or permanent work permit/KITAP.
• Is able to be used as collateral.
• Minimum Beginning deposit and next deposit according to requirements.
• The minimum balance to be maintained for each withdrawal is SGD 10/USD 10.
• Deposits and withdrawals can be done any time during business hours.
• Deposits and withdrawals can only be done in Rupiah currency.
• Maximum withdrawal amount is equivalent :
• SGD 1.000 per day/SGD 10.000 per month.
• USD 1.000 per day/USD 7.500 per month.
• The client shall show the original savings book and ID card during withdrawals.
• Withdrawals by non-client shall be accompanied by the power of attorney with sufficient stamps.
• Transactions which are not printed onto the savings book for 3 (three) consecutive months shall be cumulated into 1 (one) debit/credit transaction.
• In case of discrepancies between the balance in the savings book and in the bank’s bookkeeping, the balance shall refer to that in the bank’s bookkeeping.
• The savings account becomes dormant if the client has not made any transactions for 6 (six) consecutive months.
• The interest rates are calculated at the end of the month and credited to the savings account at the beginning of the following month.
• Administration fee will be charged monthly
• Tax on interest shall be imposed in accordance with the prevailing regulations.
• If the saving book is lost, client must report immediately to the Bank. Bank will issue a savings book with a new account number and the old account will be closed.
• Client is responsible for any misuse included but not limited to loss and/or fabrication of savings book.
• If the client passes away, the release of the savings by the heir shall conform to the prevailing laws.

Fees

• Monthly Aministration Fee : $ 1 (USD/SGD)
• Dormant Fee : -
• Account Closing Fee : $ 10 (USD/SGD)
• Transfer Fee : Rp. 35.000
• Draft Fee : Rp. 25.000
• Transfer Fee (Full Amount ) : $ 25 (USD/SGD)

• In case of the loss of the savings book:
• The client shall close the account at the bank where the opening has been done;
• The client shall sign a loss declaration with sufficient stamps;
• The client shall open a new account if necessary.
• The account is automatically closed if the balance is “0”.
• The bank has the rights to block a bank account anytime based on its discretion considering any inappropriate use of the account.
• The account balance shall be deducted if the interest is unable to cover the administration fee.
• The savings account becomes dormant if the client has not made any transactions for 6 (six) consecutive months and the client shall reactivate the account at the office where the opening has been done.

Any changes in the terms and conditions and/or costs associated with the product shall be informed by the bank via electronic media and/or announcement and/or registered mail and/or courier (expedition) and/or directly via telephone. Notice sent via registered mail or courier (expedition) is considered to have been received by the client 7 (seven) days after dispatch.

For more information call us MestikaCall 14083 or visit our nearest branch.