Source: Bank Central Asia/BCA (bca.co.id) · Bank Mandiri (bankmandiri.co.id) · Bank Indonesia (bi.go.id)
Indonesia requires a valid residency permit (KITAS) to open a full bank account. Tourist visa holders and Second Home Visa holders in the initial stages may find banking harder than in other countries. This is a practical challenge — plan for it.
BCA (Bank Central Asia) is widely regarded as the best-run private bank in Indonesia and the preferred choice for expats, particularly in Bali and Jakarta. Good ATM network, reliable digital banking. BCA generally requires a KITAS for foreigners.
Bank Mandiri is state-owned, has the widest branch and ATM network in Indonesia and is often more flexible with account opening requirements. Some branches have been reported to accept Second Home Visa holders. Requirements vary significantly by branch.
Indonesian bank branch requirements are not nationally consistent. A branch in Seminyak Bali may have very different requirements from a branch in Jakarta Selatan. Ask other expats in your area about their experience with specific branches — local knowledge is more reliable than official guidance here.
Indonesia's digital wallet ecosystem is essential for daily life. GoPay (linked to Gojek), OVO and Dana are the three main platforms. Accepted everywhere including warungs. You can top up some from a foreign card until you have a local bank account. Get these apps immediately on arrival.
Wise and WorldRemit for GBP to IDR. See the UK to Indonesia transfers guide →
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