Commbank Term Deposit
News from Commonwealth Bank. Operational of Pekanbaru Branch on 22 February 2021. Proactively fabricate one-to-one materials via effective e-business. Commonwealth Bank is an insured member of Indonesia Deposit Insurance Corporation. CommBank Mobile. CommBank Mobile is a banking application that will answer your daily financial needs. Find various conveniences in banking transactions.
Mobile Banking is a banking online service for customers who are accustomed to use smartphones to communicate (ie: iPhone and Android) and it’s enabling to perform banking transactions anywhere and anytime, without having to visit a branch office.
Benefits:
- Easy: Using the same user ID and static password as your Internet Banking
- Safe: Using static password to login and authenticate transactions using Token
- No fee: Free of charge for register and use token for customers. Mobile Banking is only using a GPRS connection, so the connection is depend on the telephone operator/provider’s client.
Product Risk
The failure of the Digital Services system (Internet Banking, Mobile Banking) Bank (system down/system error).
Procedures & requirement:
- Subscribe for Internet/Mobile Banking service in nearest Commonwealth Bank branch by completing and signing the product & services application form and providing the required documents.
- For customer who’s opening the account at Commbank e-Kiosk, will be automatically registered to Internet and Mobile Banking and will receive username and password for the Internet and Mobile Banking.
- Download Mobile Banking application:
- Android: search “Commbank ID” pada Google Play Store
- iPhone: search “Commbank ID' pada AppStore
- Login using given username and static password, same as your Internet Banking.
Product FeaturesInquiries
- Balance Inquiry for transactional account
- Balance inquiry for Investment account (CommInvest)
- Account Movement
- Transaction History
- Active Term Deposit Inquiry
- Standing Order Inquiry
- Loan Details
- Loan Account Activity
- Loan Payment History
Fund transfer
- Fund transfer to your own account or to other’s account in Commonwealth Bank with cross currency between IDR, USD, AUD, SGD, EUR, GBP, CNY, NZD, HKD and JPY.
- Fund transfer in IDR to domestic banks using SKN, RTGS and Online transfer method
- Fund transfer in foreign currency using SWIFT to domestic or overseas (currently available in AUD and USD)
- Future dated fund transfer
- Standing Order fund transfer
Notification to Beneficiary
You can send notification to your receiver via email to inform that fund transfer has been done
Mutual Fund
- Subscription Mutual Fund
- Redemption Mutual Fund
- Switching Mutual Fund
- Inquiry for Mutual Fund product include NAV history
- Inquiry for Mutual Fund order status
- Inquiry for Mutual Fund portfolio
Bill Payment
Hassle-free feature for your monthly bills payment and many kinds of pre-paid vouchers purchase.
Post-paid Telecommunication Bills
- Telkom - PSTN
- Bakrie Telekom - Esia
- SmartFren
- Hutchison - Tri
- XL/AXIS
- XL Xplor
Internet Monthly Bills
- Telkom Speedy
Prepaid Voucher
Commbank Term Deposit Calculator
- Indosat Ooredoo
- Bakrie Telekom - Esia
- SmartFren
- Hutchison - Tri
- XL Axiata - XL Bebas, XL/AXIS
Entertainment Voucher
- CGV Pay
Pay TV
- Gen Flix Pre-Paid
Cheque/Giro book order
Online cheque/giro book order
Mailbox
allows user to view the general messages sent by the bank and allows user to send messages to the bank and view the sent messages.
Others
- Change Password
- Change User ID
- Change Security Questions
- Set favorite transactions
- View Transaction Status
- Forex Calculator and Loan Eligibility Calculator
- Information on Forex Rate
Special Rate
Cross currency transaction with special rate using deal code.
Transaction Limit
- Daily limit for each type of transaction
- No maximum limit transaction for Mutual Fund transaction
Fees and Charges
For more detail of Mobile Banking fees and charges, please look at Fees and Charges. For Mutual Fund transaction fee please refer to Mutual Fund Fee and Charges table
Bilingual
Mobile Banking service is available in Bahasa Indonesia and English version.
For further Information please Contact Call Commbank at (code area) 1500030 or (6221) 2935 2935 for International Access.
Terms and Conditions apply
Customer is fully responsible to every transaction instruction using User ID, static password and Token. Therefore Customer guarantee and discharge Bank from every claim and lawsuit arise from loss due to Mobile Banking Usage
- Individu Guidelines
- Corporate Guidelines
Term Deposit is a product for individual and corporate that can support the growth of your savings
Benefits:
| - | Available in a wide selection of currencies (IDR/AUD/USD). |
| - | Affordable minimum initial deposit. |
| - | Competitive interest rate. |
| - | Convenience in transaction through Internet/Mobile Banking with discount for transaction fee including: |
| - | Term Deposit Advice as a confirmation of placement, renewal, maturity / termination of the Term Deposit. |
Easy Time Deposit (TD) Transactions through Phone Indemnity / POI and Enjoy the Benefits:
- Ease of doing transaction anywhere without coming to branch.
- Customer is not required to sign any form. Customer is only required to confirm the transaction by Phone with our Relationship Manager (RM).
- Faster transaction processing and Time Efficient.
Commbank Term Deposit Rates
Deposit transaction options include: Time Deposit Placement, Time Deposit Prepayment and Time Deposit Termination.
Risk of Product
One of the risks attached in Term Deposit product is the changes in fees that can be done at anytime and it will be informed to customers through branches, website or other media deemed appropriate by the Bank.
Procedures and Requirements
Opening a Term Deposit can be done at the nearest Commonwealth Bank branch by completing and signing the account opening application form and providing the required documents or through Internet Banking (for existing customers).
Document Requirement:
| Resident | : | Valid ID (KTP) |
| Non Resident | : | Passport; and KIMS/KITAS/Reference letter from company/Reference Letter from Commonwealth Bank of Australia (CBA) |
| Institution | : | Documents requirement according to Terms and Conditions applied by Commonwealth Bank |
| Description | Fee |
| Initial deposit | IDR 50,000,000 or AUD/USD 5,000 |
| Break fee (if break before time to maturity) | 0,5% from Principal, interest is not paid.** |
*Fees and Charges is subject to change and it will be informed to customers through media deemed appropriate by the Bank.
**Early Break Time Deposit before maturity, the ongoing interest paid will be deducted from the principal
Interest Rate Calculation
Interest is calculated based on end of day balance according to the prevailing interest rate. Interest rate table can be access in here
Product Expiration
The expiry of the product will be when customer or Bank closes the account.
Product Issuer
This Product issued by PT Bank Commonwealth and guaranteed by Indonesia Deposit Insurance Cooperation/Lembaga Penjamin Simpanan ('LPS')***
Commbank Term Deposit Rates 2021
***If the value of total deposit exceeds maximum value/if the interest rate of deposit exceeds interest rate of Indonesia Deposit Insurance Cooperation/Lembaga Penjamin Simpanan ('LPS'), deposit is not included and/or shall not be guaranteed by LPS in Deposit Insurance Scheme/Program Penjaminan Simpanan.