Deposito Valas Exclusive J Trust

• Competitive interest rates that provide more yield
• For Special Foreign Currency Deposits, deposits and withdrawals in the form of Banknotes in USD and SGD currencies.

Special Forex Deposits are part of the J Trust Forex Deposits product where time deposits in foreign currencies are limited and have a maximum investment value, deposits and withdrawals in the form of Banknotes in USD and SGD currencies. Customers cannot withdraw their funds at any time except based on a deposit agreement that has been agreed upon. If the customer is forced to withdraw the funds, a penalty will be imposed for withdrawing funds before maturity.

• Accounts in the name of individuals/non-individuals (including joint accounts (X or Y)).
• For Indonesian Citizens: e-KTP with NIK registered in the Population Administration Information System and NPWP.
• For Foreign Citizens: Passport & KITAS/KITAP & Tax Identification Number (TIN)
• Company: e-KTP with NIK registered in the Population Administration Information System, authorized official, NPWP, SIUP/Business License Number/Business Identification Number (NIB), Deed of Establishment and/or Company Articles of Association
• Resident Documents such as: Family Card, Certificate of Domicile, Letter of Reference/Employment.
• Filling in form:
  • - Customer Data (if you are a J Trust Bank customer for the first time)
  • - Account Opening (if you are going to open an account according to the product)
• Fill out and sign the Sample Signature Card.
• Foreign currency account (USD dan SGD).
• The minimum nominal value is equivalent to USD 1,000.-.
• Placement and disbursement in the form of Bank Notes.
• Available in terms of 1 month, 2 months, 3 months, 4 months, 6 months and 12 months.
• Attractive and competitive interest.
• Get Principal Roll Over; Tree + Flower.
• Interest can be credited to a similar foreign currency account.
• It is in the name so it cannot be transferred.
• For Principal Roll Over, interest is transferred to an account at J Trust Bank every month.

• Stamp Duty when opening and closing an account (if applicable).
• Early Withdrawal Penalty.
• Tax on savings interest.

• Withdrawal available only at the opening branch and shall be applied by the account holder by returning the Certificate of Deposit.
• Certificate of Deposit is non-transferrable.
• Depositor shall already opened/is having a savings/checking account with the Bank as the receiving account of any interest earned from a Certificate of Deposit.
• Any joint account will be treated as a personal account "OR".
• Interest rate is a subject to market mechanism and the customers will be updated accordingly.
• Any pledged Certificate of Deposit is not mature until all obligations is fulfilled.
• In case of discrepancy between the entries in the Passbook and Bank Records, the latter shall prevail.