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NEED INFO ON BANKS BALI

possum

G'day everyone Im NEWBIE  and must be doing something wrong as I clicked on BANK and shown insurance/tax etc.Now if I cant find my way around this site how will I manage in Bali?{rhetorical question really}Seriously I would like to know how and whatis a safe bank to have payments deposited from Australia and the best way to organise withdrawals.Anyone care to make suggestions? Thanks in advance.

See also

Banking in Indonesianew motorbike on creditEvolution of banking services in IndonesiaPension advicebank fraud?
legal advices

bankmandiri.co.id/english/index.aspx
klikbca.com/
lippobank.co.id/

Sunset

If you are nervous, the Australian Commonwealth Bank has a main branch in Bali (look it up with Google) and several ATM machines on the island.

Alternatively, any of the major Indonesian banks will be fine. Personally I use Permata Bank.

You can only have an Indonesian bank account though if you have a residence permit of some kind. If you are in Bali as a tourist, you will need to use a money wire service.

possum

Thanks Sunset I am going to apply for retiree visa when I arrive in 6 weeks, meanwhile I am applying for 2 months visa would that count as residence until I apply for retiree visa do you think?I am checking out Commonwealth thanks a heap
Possum

Sunset

Officially, I suspect that Indonesian bank regulations will say that you cannot have a bank account until you apply for your retirement visa.

But please do check with Commonwealth or whoever and take their advice. There may be a "neat" solution :)

possum

Again thank you so much for info re commonwealth bank,i checked out all their services and am going to transfer over to them i think because they have lots of atm's + i would not have to pay fees only $1.50 for withdrawals from atm's:D so i still have time to organise before i leave.i think they should be paying you a commission:cool: