RDN (Customer Fund Account) for Institutions is a dedicated account designed for institutions or organizations to hold funds and conduct financial transactions, particularly in relation to capital market activities.
Features
Product Name | Institutional RDN Current Account |
|---|---|
Segment | Institutional |
Initial Deposit | IDR 1,000,000 |
Minimum Balance | IDR 0 |
Below Minimum Balance Fee | IDR 0 |
Account Maintenance Fee | IDR 0 |
Account Closure Fee | IDR 0 |
Document Fee | IDR 0 |
Dormant Fee | IDR 0 |
E-Statement | *No Passbook |
Auto Closed | 999 |
Dormant Status | None |
Benefit
Providing special account facilities for institutions to store funds and conduct financial transactions, particularly those related to capital market activities.
Investment funds are segregated and recorded separately from other customer funds and securities company funds.
Facilitates capital market transactions.
Information Access: Customers can access real-time account balance and transaction information through internet banking or the mobile banking applications of banks partnering with securities companies.
