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Guide to Banks in Indonesia
Getting the most out of foreign investment markets from banks in Indonesia
Indonesia banking institutions provide clients with the ease of working with their US based banks. US based banks in Indonesia as well as other global banks in Indonesia give customers peace of mind working on both sides of the pond.
International banking in Indonesia helps business owners expand easily to this growing global marketplace. Indonesia banks get commercial customers the products they need to establish successful businesses or expand global franchises to the Indonesian economy. Work with banks in Indonesia to:
1. Invest in the growing Indonesia economy through Indonesia banking institutions.
2. Understand the culture and climate of doing business in Indonesia.
3. Strengthen your business presence through Indonesia banks.
4. Establish your business as a competitor in the global marketplace.
Action Steps
The best contacts and resources to help you get it done
Find an Indonesia banking institution that is a correspondent of a US based bank
Using a bank you know and trust helps get your business expansion to Indonesia up and running smoothly and efficiently. Having ready access to both home and international bank accounts simultaneously gives you peace of mind that your finances and business transactions are secure.
I recommend:
Citibank is a US based bank and international company offering banking in many countries around the world including Indonesia. AllBanks.com provides users with information on banks with branches throughout the world.
Use local commercial banking in Indonesia as a resource for community involvement
Working with a local Indonesia bank helps establish your business as a contributor to the local economy. A good relationship with an Indonesia banking institution gets you recognized as a trusted partner in progress in your business location.
I recommend:
Bank Mandiri, Indonesia's biggest bank, and Bank Internasional Indonesia have locations and branches throughout the country to serve all your business needs.
Compare Indonesia commercial banking through trusted financial resources
Work closely with your home based bank to help get good investment information about commercial banking in Indonesia. Banking in any foreign country requires some self education, so working with a banker you trust makes the learning curve less daunting.
I recommend:
Both Abn Amro and American Express have branches here and abroad to meet your global business needs.
Tips & Tactics
Helpful advice for making the most of this Guide- Do your homework about Indonesian culture before beginning a relationship with a local bank in Indonesia. Finding out what you need to know about etiquette and customs helps keep you from offending anyone before ever getting started.
- Make sure when banking in Indonesia you have a well qualified translator or someone in your financial institution that can help you with language barriers. Much of Indonesia speaks English, but it's always a good idea to have someone who can help you if you need it.
