The Bank Deposit Agreement serves as the foundational document governing the relationship between banking institutions and their depositors in Indonesia. This agreement is essential for establishing deposit accounts and is required under Indonesian banking regulations, particularly Law No. 7 of 1992 on Banking (as amended by Law No. 10 of 1998) and various OJK regulations. The document outlines comprehensive terms for account operations, including deposit and withdrawal procedures, interest calculations, fees, electronic banking services, and security measures. It incorporates mandatory regulatory requirements such as deposit insurance coverage, anti-money laundering provisions, and consumer protection measures. The agreement is designed to protect both the bank's and depositor's interests while ensuring compliance with Indonesian banking laws and regulations.
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1. Parties: Identifies the bank and the depositor, including their complete legal names, addresses, and registration details
2. Background: Brief context explaining the purpose of the agreement and the banking relationship
3. Definitions: Defines key terms used throughout the agreement
4. Account Opening and Eligibility: Requirements and procedures for opening the deposit account
5. Deposit Terms: Core terms including minimum deposit, tenure, and interest calculation method
6. Interest Rates and Fees: Details of applicable interest rates, bank charges, and fee structure
7. Account Operations: Rules for deposits, withdrawals, and general account operations
8. Electronic Banking Services: Terms for accessing and operating the account through electronic channels
9. Security and Access: Security measures, PIN/password requirements, and access protocols
10. Customer Obligations: Customer responsibilities including providing accurate information and maintaining minimum balances
11. Bank's Rights and Obligations: Bank's duties, responsibilities, and rights in managing the account
12. Deposit Insurance: Information about LPS (Indonesia Deposit Insurance Corporation) coverage
13. Anti-Money Laundering Compliance: KYC requirements and anti-money laundering provisions
14. Amendment and Termination: Conditions for changing agreement terms and closing the account
15. Governing Law and Dispute Resolution: Applicable law and methods for resolving disputes
16. Notices: How official communications between parties will be made
17. Force Majeure: Provisions for unforeseen circumstances affecting account operations
1. Joint Account Provisions: Include when the account is opened in more than one name
2. Special Rate Terms: Include for high-value deposits or special rate agreements
3. Foreign Currency Provisions: Include for foreign currency deposit accounts
4. Corporate Account Provisions: Include for business/corporate depositors
5. Minor Account Provisions: Include when the account holder is under 18 years
6. Standing Instructions: Include if automatic transfer services are offered
7. Syariah Banking Provisions: Include for Islamic banking products
8. Special Benefits and Privileges: Include for premium banking customers
1. Schedule 1 - Fee Schedule: Detailed list of all applicable fees and charges
2. Schedule 2 - Interest Rate Sheet: Current interest rates for different deposit amounts and tenures
3. Schedule 3 - Required Documents: List of documents required for account opening by customer type
4. Schedule 4 - Electronic Banking Services: Details of available electronic banking features and limits
5. Appendix A - Account Opening Form: Standard form for collecting customer information
6. Appendix B - Specimen Signature Card: For recording authorized signatures
7. Appendix C - Product Information Sheet: Specific features and benefits of the deposit product
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