Online Deposit is a Deposit Account that can be applied for through BBA Mobile Banking and BBA e-Personal facilities without the need to visit the nearest branch office.

Advantages

1. Makes it easier for customers to place funds for deposits through Mobile Banking and e-Personal anytime and anywhere.
2. Available for terms of 1, 3, 6, and 12 months.

Requirements

1. Customers must have an active Savings/Current Account as the source account for opening, holding interest, and withdrawing deposits.
2. The Savings/Current Account cannot be closed until the deposit has been withdrawn.

Terms and Conditions

1. The minimum amount for an Online Deposit is IDR 8,000,000 and the maximum amount is IDR 1,000,000,000.
2. There are 3 options available when the Online Deposit matures, namely:
   1. Automatic Roll Over (ARO) of Principal
   2. Automatic Roll Over (ARO) of Principal and Interest
   3. Non-Automatic Roll Over (Non-ARO)
3. Changes to the instructions in point 2 above can be made no later than 2 (two) working days before maturity.
4. If the Online Deposit is placed on a Saturday/Sunday/public holiday, the Online Deposit placement date and the source account debit date will be recorded on the next working day.
5. The maturity date of the Online Deposit will always be the same as the date on which the Online Deposit was placed. In the event that the last day of the current month is earlier than the maturity date of the Online Deposit, the maturity process will be carried out on the last day of the current month.
6. All customer funds placed with P.T. Bank Bumi Arta Tbk. (the Bank) exceed the maximum deposit value and/or interest rate guaranteed by the LPS or do not meet other requirements that may cause the funds placed to be excluded from the LPS guarantee programme, based on the Law, LPS Regulations and/or existing/future regulations, then all risks arising are the sole responsibility of the Customer.

Interest

1. The interest charged is the Online Deposit interest rate applicable at the time of opening or automatic renewal.
2. Online Deposit interest will be paid on the maturity date to the source account. If the maturity date falls on a Saturday, Sunday, or public holiday, the credit date to the source account will be recorded on the next business day, but the interest will be received on the Saturday, Sunday, or public holiday.
3. Online Deposit interest can be added to the principal deposit or transferred to a savings/current account in the customer's name.
4. The current Online Deposit interest rate can be viewed when submitting an application on the BBA Mobile Banking application.
5. Deposit interest rates and interest calculation indications are subject to change at any time in accordance with the applicable interest rates and will be announced on the website www.bankbba.co.id

Proof of Account Ownership

1. Online Deposit Advice is provided in electronic form which can be accessed and downloaded through the BBA Mobile Banking and ePersonal BBA applications.
2. Online Deposit Advice cannot be traded and cannot be transferred to other parties.
3. The data recorded at the Bank is valid proof of the amount of deposits placed by customers at the Bank.

Withdrawal

1. Non-ARO deposits will be automatically withdrawn on the maturity date to the source account.
2. Withdrawals before maturity will incur a penalty of 1% of the principal amount of the Online Deposit and accrued interest will not be paid.
3. Online Deposit redemption can only be done through the BBA Mobile Banking application.
4. Changes to the maturity instructions for Online Deposits must be made at least 2 (two) working days before the maturity date.
5. Online Deposits in the principal ARO position and without changes to the maturity date instructions will not be automatically renewed. Therefore, upon maturity, Online Deposits withdrawn by customers will be subject to a penalty of 1% of the principal amount of the Online Deposit, and accrued interest will not be paid.
6. If the depositor passes away, the deposit may be withdrawn by the heirs in accordance with applicable regulations.