Outward Remittance

Send funds overseas or domestically through a global correspondent banking network, with Full Amount (USD) transfers without deductions and free transfer status tracking.

Outward Remittance Benefits

Optimize transaction costs with favorable market rates

Competitive daily exchange rates

Ensuring timely international payments

Fast processing via SWIFT network

Settled on the same day via Direct Settlement (USD), subject to terms and conditions.

Same-day domestic USD transfers

Expanding access to more countries and partner banks

Extensive global correspondent banking network

Send funds overseas or domestically through a global correspondent banking network, with Full Amount (USD) transfers without deductions and free transfer status tracking.

<h2 style="text-align:justify;">Outward Remittance</h2>Send funds overseas or domestically through a global correspondent banking network, with Full Amount (USD) transfers without intermediary deductions, and free transfer status tracking. Designed to support cross-border transactions across 7 major foreign currencies: USD, SGD, HKD, JPY, CNY, AUD, and EUR. <h3 style="text-align:justify;">Key Benefits</h3><ol style="list-style-type:lower-alpha;"><li style="text-align:justify;">Competitive daily exchange rates to optimize transaction costs with favorable market rates.</li><li style="text-align:justify;">Fast processing via SWIFT network to ensure timely international payments.</li><li style="text-align:justify;">Same-day domestic USD transfers via Direct Settlement (USD)*.</li><li style="text-align:justify;">Extensive global correspondent banking network, expanding access to more countries and partner banks.</li></ol> *Same-Day Direct Settlement (USD) Terms and Conditions<ul><li>Same-day settlement applies to transactions received before 12:00 PM (WIB).</li><li>This service is available for transactions where the sender and beneficiary names are identical. The service does not apply to transactions with different sender and beneficiary names, except for payments to insurance companies and government institutions for fuel purchases (diesel and gas).</li></ul>

About Product

<table><thead><tr><th style="width: 7.4566%;">No</th><th style="width: 38.098%;">Services/Item</th><th>Fee</th></tr></thead><tbody><tr><td style="width: 7.4566%;">1</td><td style="width: 38.098%;">Transaction fee </td><td>0,125% per transaction Minimum USD 10 (or equivalent) Maximum USD 100 (or equivalent) </td></tr><tr><td style="width: 7.4566%;">2</td><td style="width: 38.098%;">Remittance / SWIFT fee </td><td>IDR50.000</td></tr><tr><td style="width: 7.4566%;">3</td><td style="width: 38.098%;">Amendment fee </td><td>IDR350.000</td></tr></tbody></table>

Fees & Charges​

General Requirements<ul><li>The customer must hold an active Bank MAS account.</li></ul>