One of the most tourist-friendly banks in Indonesia is Permata Bank. To open an account and get a bank card as a foreign citizen, you need to have an Indonesian citizen who has had a Permata Bank account for at least one year and has at least ten million Indonesian Rupiah in their account vouch for you.
Permata Bank is in the top 10 banks in Indonesia and has a developed network of bank branches and ATMs throughout the country. In Bali, Permata Bank is well represented in the touristy south and in Ubud (see photo below).
How to find a sponsor to open an account at Permata Bank?
You can search for a sponsor yourself to open a bank account in the Bank on the internet, among friends and acquaintances, in various chats and forums. This is possible, but it will take some time. And it is important not to fall for scammers who can take your money and not provide any services. We are happy to help you with a sponsor! Fill out the form, pay the fee of 800,000 Indonesian Rupiah, and you will be invited to Permata Bank for opening an account and getting a bank card in the near future (2-3 days).
What type of card do tourists receive at Permata Bank?
At Permata Bank, tourists receive a visa debit card. The visa electron card is valid for 5 years and does not have the cardholder’s name printed on it. The card is issued instantly when visiting the bank with a sponsor.
What are the benefits of opening an account and getting a Permata Bank card?
Opening an account and getting a Permata Bank card allows travelers to use the card for international purchases and travel worldwide. It also enables them to open a foreign account in their name quickly, safely, and officially. They can store their money in Indonesian Rupiahs, US dollars, or other currencies (if they choose a multi-currency account). They can easily transfer money from one account to another without any currency control oversight. Indonesia’s legislation allows large sums to be accepted onto the card without reporting the sources of income. They can withdraw money from local ATMs without any fees and transfer cryptocurrency into Indonesian Rupiahs on a local crypto exchange.
What are the disadvantages of opening an account and using a Permata Bank card?
Individuals cannot open an account directly at the bank. A citizen of Indonesia with a good reputation and a substantial amount of money in their Permata Bank account must act as a guarantor to open a card on the individual’s behalf. Scammers offering card and account-opening services are also prevalent. In addition, the bank’s mobile application is somewhat inconvenient during the registration process, and individuals will need assistance from bank staff to operate it efficiently.
Friends, if you want to travel freely across Indonesia and Bali, it will be useful for you to open an account at Permata Bank and get a 5-year bank card. When leaving Indonesia, you can use the card and account worldwide, including via the bank’s mobile application.
How to open an account at Permata Bank in Bali?
For open card —–> tap here or fill out the form below
We are always happy to share the magic of Bali Island with positive people!
Sincerely, Bali Open Group, authors of the blog baliopen.org
