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### Terms & Conditions

##### General Terms & Condition of Account Opening

In relation to the opening account with Bank on the request of the applicant (hereinafter referred to as Customer), the Customer has agreed that the account shall comply with and will be managed based on the terms and conditions as follows:

1. Account
   1. Meant by Account in this provision are the accounts at the Bank which have been registered or the new account in the future, opened both directly as well as indirectly on the request of the Customer, including but not limited to current account, saving account (Tabungan Bunga Harian, Niaga Pendidikan) or time deposit.
   2. The Account may be opened in Rupiah or foreign currencies. Bank shall not be liable on the depreciation of the value due to depreciation of a currency against the other currency.
   3. Opening Accounts:
      1. shall be based on written application and by completing all requirements as determined by the Bank;
      2. shall be effective after being agreed by the Bank; and
      3. the Bank on its own decision shall be entitled to refuse the application of opening Account without any obligations to provide the reasons.
   4. Including into the definition of the Account are Joint Account
      1. Joint Account is an Account opened by and/or on the name of more than 1 person or legal entity. The terms Customer in this provision shall be construed as individually and jointly.
      2. Joint Account shall be based on the agreement between the parties on whose name the Account is opened particularly in relation with the provision of the authorized person and the authorization in carrying out the instruction as well as the consequences that may arise in relation to the Joint Account.
      3. Each person or legal entity on whose name the Account is opened shall be responsible jointly and severally toward all obligations arising from the Account.
      4. Joint Account Agreement shall be made separately and must be signed by the Customer.
   5. The Account can be accessed through electronic banking service (Service), whereby it is agreed that, although there is other provisions contrary to these General Terms and Conditions, in depositing funds into the Account shall:
      1. from time to time comply with the prevailing law and regulation in the jurisdiction where the branch office of the Bank, subsidiary or affiliation opening the account is located, including but not limited to the local government policies, the decisions or regulations in relation to the currency control and the currency change; and
      2. can only be deposited at each Bank, branch office, subsidiary or affiliation, where the account is exist. If the Services used for carrying out each or all transactions in relation with the Account of third party including but not limited to the debiting from each account of the third party at the Bank, the Customer hereby agree to submit the Bank the power of attorney and in case due to any reason whatsoever it cannot be submitted by the Customer to the Bank, or the Bank disagree with the form and content of the power of attorney, then the Bank shall not be obliged to provide any Service for the transaction.
2. INSTRUCTION

   Instruction is an order/instruction from a Customer to the Bank to book a balance increment (Fund Deposit) or balance deduction (Fund Withdrawal) to the Account.

   1. Instruction Media
      1. Written Instruction Media
         1. Unless determine otherwise, the Instruction may only be conducted through a written instruction to the Bank such as cheque , ?Giro Bilyet?, payment order or other media agreed by the Bank (Instruction Media). Each agreement with the Bank to carry out the verbal instruction shall become the Customer?s risk and the Bank shall only be liable to the loss limit as proved merely because of the Bank willful misconduct.
         2. Each Instruction by using cheque or ?Giro Bilyet?, draft or promissory note shall be subject to the laws and provisions regulating such matter.
         3. The Customer shall anytime be obliged to maintain the Instruction Media properly and to prevent the Instruction Media of being possessed by an unauthorized party, falsified or duplicated which may cause a criminal action. If the Instruction Media is lost or misplaced, then the Customer is obliged to immediately notify the Bank and to the competent authority agencies. This notification must be made in the form and procedures that is acceptable for the Bank and in accordance with the prevailing regulations.
         4. Any unauthorized use of the Instruction Media that has been delivered by the Bank to the Customer and proved it is not because of the Bank willful misconduct, shall become fully responsibility of the Customer.
         5. Any requests of cheque books and/or ?Giro Bilyet? books by a Customer must approved and subject to the fees stipulated by the Bank. The delivery of the cheque books and/or ?Giro Bilyet? books by the Bank to the Customer must use the official receipt from the Bank.
         6. The Customer shall be fully responsible to the validity and originality of the Instruction Media presented to the Bank.
      2. Service Instruction Media Service

         Such as but not limited to banking service delivered through Automatic Teller Machine (ATM), computer, facsimile and telephone, which will be given to the Customer by Bank through branch offices that is determined solely by the Bank. The provisions regulating certain Service may be provided in more detail in the agreement of certain Service. The agreements mean these agreements together with all agreements of Service provisions and the attachments as well as the attachment of the General Terms and Conditions of Opening Account and other materials, including the user guides, manual, data, process and other document provided by Bank (Material) which it can be changed from time to time. If there is inconformity between the provision in the General Terms and Conditions of Opening Account with the provision in the agreement of certain Service, then those which will be effective shall be the provision in the agreement in relation with the certain Service provision.

   2. Fund Withdrawal
      1. The Customer hereby requests to and authorizes the Bank to carry out all Instructions of Fund Withdrawal both through the Instruction Media issued, accepted or presented to the Bank to be charged to the Account. The Bank may refuse the Instruction of Fund Withdrawal which may cause the Account has negative balance.
      2. The Bank on its own decision may carry out Fund Withdrawal although such withdrawal may cause the Account has negative balance (overdraft). In case the Customer Account has negative balance, here by the Customer shall acknowledge the amount as the total payable to the Bank and therefore shall be fully responsible on the repayment of such amount and the interest bear as determined by the Bank.
      3. If the Bank receive more than one Instruction of Fund Withdrawal which is totally exceed the total balance of the Account or the total amount which can be permitted, then the Bank based on its own decision may determine which Instruction that can be carried out regardless the date or the time of the acceptance of such Instruction from Customer.
      4. In carrying out the Instruction of Fund Withdrawal, the Customer shall comply with the Bank provisions concerning the maximum limitation of the withdrawal and/or minimum balance which must be maintained.
      5. If the Account is opened in a currency other than Rupiah, Fund Withdrawal in the same currency shall be subject to the availability of such currency at the Bank and the Bank provisions concerning the commission and/or currency exchange rate.
   3. Fund Deposit
      1. The Customer hereby requests and authorizes the Bank to carry out the Instruction of Fund Deposit both cash as well as non cash into the Account. However, the Bank on its own decision shall be entitled to refuse any fund deposit, to limit the total amount of fund deposits and/or to return all or a part of the fund deposit.
      2. For non cash fund deposit the following provisions is effected:
      1. Bank shall only act as collecting agent of the Customer and shall not be responsible for the further process of such fund collection;
      2. In the process of collecting fund, the Bank may forwarding the Customer Instruction directly to it?s branch or other bank where the payment should be carried out or through any agent appointed by the Bank in which he is entitled to reappoint one or more sub agent to carry out the Instruction; and
      3. For non cash fund deposit, it will increase the Customer Account balance if the funds have been effectively received by the Bank.
      3. If the Account is opened in a currency other than Rupiah, the Fund Deposit in the same currency shall comply with the Bank provisions on commission and/or currency exchange rate.
   4. Bookkeeping Correction

      Bank is entitled based on its good faith to conduct correction to any mistaken/error of bookkeeping without any obligation to notify the Customer.

   5. Stop Payment
      1. The Bank may accept the instruction to stop the payment (Stop Payment) of any cheque or ?Giro Bilyet? received by Bank only in the forms and procedures acceptable by Bank.
      2. The Bank shall not be liable to the Customer or other party if based on its good faith the Bank fail to carry out the Stop Payment instruction.
      3. Upon the Stop Payment instruction shall be subject to the provision as stipulated by Bank Indonesia and other provisions in relation with that, including but not limited to the requirement of statement of lost from the related institution.
   6. Cancellation or Revision of Instruction

      The Customer shall not be entitled to cancel or revise the Instruction after it being accepted by the Bank, however the Bank will do its best effort to meet the request of the Customer to cancel or revise the Instruction, and provided that the Customer hereby agree to indemnify and release the Bank from and against any claims, accusation, fee or expenses (including legal fees) incurred in relation with the Bank?s action or negligence to comply with or to meet the request for canceling or revise the Instruction.

3. ACCESS TO SERVICES AND PROCEDURES
   1. Access to Services

      Services will be rendered by way as stated in the General Terms and Conditions of Opening Account and the Customer agreed to use Materials and Services merely for the purpose as permitted by and conform to the terms, conditions and procedures stated in the General Terms and Conditions of Opening Account, including but not limited to the procedures to access and send the data and Instruction. The Bank shall not be obliged to accept the Instruction submitted through the procedures which have not been agreed in writing. However, in case there is no written agreement, the Customer hereby agree that if the Bank receives a request from the authorized party to carry out the Instructions without following a written procedures due to any reason whatsoever, then the Customer shall be bound by such the special Instruction and will indemnify and release the Bank from any loses, liability, claims and expenses (including reasonable legal fee), in relation with the implementation of the special Instruction, code, security tools, except due to the gross negligence and deviation intentionally conducted by the Bank. If the Bank takes an action beyond a written agreement to verify the sources or contents of the communication or Instruction, then the action shall not be considered as a part of the procedures which are agreed regardless the frequency of the Bank taken such action. The Bank shall be empowered and authorized to carry out the Instruction by using payment system or inter-bank chosen by itself although the Bank?s option is different to the Instruction. The security procedures, security tools, code, password and other access procedures shall be confidential and the Customer has agreed to properly use and maintain and to notify the Bank immediately if it is founded something deviating or suspicious action that is considered may disclose the confidential information. The Customer shall acknowledge that the security procedures provided by the Bank are to verify the sources of a communication and not to detect incompliance in the delivery/transmission or communication, including inconformity between number and name of the Account and that the Bank or intermediary may only carry out the Instruction sufficiently by referring to the Account number only, even the name of Account is also given. the Bank shall not obliged to find out and responsible for any mistake conducted by the Customer or as a result of duplication of the Instruction issued by the Customer. The Customer has agreed to be bound and will process each payment instruction which is carried out on its name in accordance with the security procedures which have been agreed. The materials provided in relation with the Service are personal properties and constituting as the Bank secrete. The Customer has agreed to keep confidentiality of the materials and to limit the access only to its proxy (which will be subject to the same obligation in keeping the confidentiality) which need access for the purpose of the Service user.

   2. Procedures

      The Customer and Bank have agreed that the Service will be rendered by way of delivery, communication and security as stated in the attachment of this General Terms and Conditions for Opening Account, including the addendum of the attachment (respectively in the attachment of this General Terms and Conditions of Opening Account referred to as the Attachment) in accordance with the procedures in the attachment of the General Terms and Condition of Opening Account and in the substance (procedures as stated in the attachment and the attachment of the General Terms and Conditions of Opening Account and the material jointly referred to as the Procedures). The Customer has agreed to comply with the Procedures in using the Service and to give the power and authority to the Bank in accordance with the prevailing Procedure to transmit and show the data and to carry out each Instruction, and as it is deemed proper, to debit the Customer?s Account. The Bank on its own consideration shall have right to any time change the Procedures without prior notification to the Customer.

4. MATERIALS, EQUIPMENT AND HARDWARE

   The Customer has agreed to use all Materials with the Procedure as stipulated in the General Terms and Conditions of Opening Account and only for the purpose of its daily business activities. The Customer has agreed not to change the Materials and only will use hardware and software of the computer which have had the license (if any) agreed by the Bank and/or if the Bank provide the hardware or equipment by way as determined in the Material and merely in connection with the Service. Unauthorized use or alteration on the hardware and equipment are a violation to the General Terms and Conditions of Opening e Account. After the expiration of granting Service, all materials, hardware and equipment provided by Bank must be returned back to the Bank within period at the latest five days. There is no provision in the General Terms and Conditions of Opening Account which may influence the status of intellectual property of the Materials and the provision in this paragraph shall be effective both to the material accompanied by the intellectual property or not.

5. USER

   The Bank hereby is empowered and has authority to carry out the Instruction that is provided or will be provided by the Authorized Party. As long as the Bank acting in accordance with the Procedures, then the Bank shall not be obliged to verify the identity or authority of the person who gives or confirms the Instruction or the content of the Instruction, provided that the Bank based on its good faith, has doubt on the validity or authority, then the Bank may immediately submit notification by phone, to the Authorized Party concerning the rejection of the Instruction. The General Terms and Conditions of Opening Account shall precede all previous agreement or practice in relation with the Instruction, while the Procedures shall not be changed by verbal agreement or through the transaction or by custom.

6. AUTHORIZED PARTY AND SIGNATURE SPECIMEN
   1. The Customer is obliged to appoint an authorized party to conduct Fund Withdrawal (Authorized Party) and to submit the Bank the signature specimen of the Authorized Party together with its authority.
   2. Each Instruction Media for Fund Withdrawal or other Instruction must be signed by the Authorized Party in accordance with the signature specimen and the prevailing authorization
   3. The Bank will reject any Instruction Media for Fund Withdrawal or other Instruction which is not in conformity with the signature specimen and the prevailing authorization maintain by the Bank. Upon this refusal, the Customer shall indemnify and release Bank from any liability and claim arising from any party including from the Customer itself.
7. BLACK LIST

   The Customer hereby acknowledge he has no objection if his Account is closed and his name is black listed by Bank Indonesia due to administrative sanction among others are issuing the un payable cheque and/or ?Giro Bilyet?, in accordance with the prevailing provisions at the Bank or banking system in Indonesia. Un payable cheque and/or ?Giro Bilyet? is the cheque and/or ?GiroBilyet? which are rejected within a period whereby the issuer is obliged to provide funds due to the available funds are not sufficient.

8. BANK POLICY AND PROVISIONS

   The Customer hereby commits to comply with the policy and provisions of Bank stipulated from time to time in relation with:

   1. Policy and administrative and operational provisions of the Bank;
   2. Policy concerning service level standard which can be provided by Bank to the Customer;
   3. Policy and provision in relation with the tariff as stated but not limited to fees, commission, exchange rate or interest rate including the procedures of calculation.
   4. Policy and provision concerning limitation in carrying out Instruction such as but not limited to the minimum balance, total maximum Withdrawal per transaction or per day and others; and
   5. Other policy and provision of Bank which are existing now and in the future.
9. INTEREST
   1. Unless determined otherwise, any interest offered by Bank to the Customer in relation with the Account may subject to change any time without prior notification, the change will be determined by Bank based on its own decision.
   2. The Customer shall give Instruction to the Bank how the interest offered should be paid to, if there is no such Instruction from the Customer, the Bank will credit the interest into the related Account.
10. COSTS AND FEES
    1. The provision concerning costs, fees and other tariffs shall be fully determined by the Bank and may subject to change from time to time.
    2. All expenses and fees, including the interest fees arising due to opening the Account shall be borne by the Customer.
    3. The Customer has agreed to pay all expenses which will be stipulated unilaterally by the Bank from time to time on the services provided.
    4. Unless determined otherwise, all expenses and fees will be charged to the related Account, without limiting the Bank?s right to charge to the other Customer?s Account at the Bank. Therefore, the Bank shall anytime be empowered to debit the any Customer Account.
11. COSTS AND FEES
    1. The provision concerning costs, fees and other tariffs shall be fully determined by the Bank and may subject to change from time to time.
    2. All expenses and fees, including the interest fees arising due to opening the Account shall be borne by the Customer.
    3. The Customer has agreed to pay all expenses which will be stipulated unilaterally by the Bank from time to time on the services provided.
    4. Unless determined otherwise, all expenses and fees will be charged to the related Account, without limiting the Bank?s right to charge to the other Customer?s Account at the Bank. Therefore, the Bank shall anytime be empowered to debit the any Customer Account.
12. PASSED AWAY / BANKRUPT / LIQUIDATED

    In case the Account holder has passed away or stated bankrupt or liquidated or placed under supervision of the party appointed by the competent institution/authority, the Bank is entitled at any time to block the Account and will only transfer the right of Account to the legal heirs or successor and assignee. The Bank is entitled to require the documents acceptable for Bank proving its status as the legal heir or successor and assignee.

13. BANK RECORD
    1. The Bank shall arrange and provide record on each mutation occurred in relation with the Account together with its balance.
    2. If there is a difference between Bank record and the record made by the Customer, the Customer hereby agree with the record drawn up by the Bank and acknowledged that the record drawn up by the Bank is the final evidence binding to the Customer.
    3. The Customer hereby accept, agree and acknowledge that the evidence including but not limited to the written record as well as verbally, other electronic record (photograph, video, etc) on the transaction keep by the Bank will be accepted and acknowledged and applied as the legal evidence.
    4. The procedures of notification concerning Bank record to the Customer shall be subject to standard of the service level effective at the Bank that will be determined by the Bank from time to time.
    5. The Bank according to its own decision may determine a period where the record available for the Customer.
14. NOTIFICATION
    1. Any notification by Bank shall be considered has already been received by the Customer if it is sent to the address provided by the Customer in writing to the Bank or to the latest address recognized in accordance with the record of the Bank.
    2. Any notification sent by registered mail shall be considered has already been submitted at the time of being posted. Any notification by telex or facsimile or other electronic media shall be considered to be received at the time of the delivery.
    3. The Customer is obliged to conduct assessment on any notification submitted by the Bank in relation with the record of Account mutation. The content of notification shall be considered to be accepted by the Customer as correct and accurate if within period of 7 (seven) days the Bank does not receive any objection in writing from the Customer.
15. SET OFF

    On all funds available in the Account, the Customer has agreed to be compensated / set off with all Customers? debt to the Bank in whatever form, both which currently exist and which will exist in the future. Therefore, the Customer shall authorize the Bank to conduct liquidation and/or debiting the account in order to the debt repayment.

16. INFORMATION TRANSPARENCY
    1. The Customer has agreed on the Bank request to give and/or confirm the information needed by the Bank in relation with personal data of the Customer, the Account and other financial data of the Customer.
    2. The Customer has agreed that the Bank may give information in relation with the personal data of the Customer, the Account or other financial data of the Customer which is existing at the Bank to the other party including but not limited to the affiliate, subsidiary or other related company as considered appropriately by Bank by observing the prevailing law regulations.
    3. In the event of the Account has been closed, the Customer is obliged to immediately return all of the documents owned by Bank, including Instruction Media which have not been used and still available at the Customer.
17. CLOSING AND TEMPORARY BLOCKING
    1. The Customer may anytime block for temporary and/or close the account through a written notification. The request to release blocking by the Customer must also be conducted in writing.
    2. The Bank on its own consideration is entitled to anytime block for temporary and/or to close the Account.
    3. In the event of the Account has been closed, the Customer is obliged to immediately return all of the documents owned by Bank, including Instruction Media which have not been used and still available at the Customer.
    4. The balance of Account that is closed, if it is not taken by the Customer within period of six months after the closing date, then the Bank is entitled to charge administrative fee by deducting the balance until the Account balance become nil.
    5. Termination and Transferring Right of Electronic Banking Services The Customer may terminate the Services by 30 (thirty) days prior written notification, the Customer shall not be allowed to transfer the Services, a part or all without prior written permit from the Bank. Considering the characteristics of Services that is provided, the Bank shall be entitled at anytime to terminate or transfer the Services a part or all, to the affiliates of the Bank, provided that the transfer shall not bring any effect inflicting the Customers significantly.
18. REPRESENTATION, WARANTY AND ADDITIONAL UNDERTAKING
    1. The Customer represent and/or warranty, as of the signing date of these General Terms and Condition of Opening Account and further as long as the Services is used or delivered according to the General Terms and Conditions of Opening Account, that:
       1. all permits, powers and Instruction needed have been given to and/or by the third party, if any, involving in reporting, receiving and submitting the Instruction, transfer of fund and/or data in relation with the Services.
       2. all approvals, proxies and permits needed, if any, have been obtained and all applications or registration needed have been conducted (and the application or registration will be renewed if necessary) as required by the Government agencies or others in relation with the signing and implementation of these General Terms and Conditions of Opening Account.
       3. The implementation of the General Terms and Conditions of Opening Account along with delivery and the use of Services shall not violate or deviate from the prevailing requirements, laws, decrees, instructions or stipulations. If it is needed, the Customer has agreed to give the Bank, copy of permit, instruction or the power. The Customer further has agreed to immediately notify the Bank if the Customer aware of or suspect on a condition that may or will cause violation to his representations and warranty.
       4. The Customer has conducted and established its business legally based on the law of the Republic of Indonesia and/or not being proceeded in the commercial court, criminal court as well as civil court.
       5. Each of them has power and authority to sign, submit and carry out the General Terms and Conditions of Opening Account.
       6. The General Terms and Conditions of Opening Account has been accompanied by the authority, signed and submitted properly and constituting as obligation that can be carried out, valid, effective and binding to each other.
       7. At the signing date of the General Terms and Conditions of Opening Account, the Customer is obliged to submit from time to time, the name and signature specimen from the authorize parties in signing all documents needed to access the data, to give the Instruction in relation with the account, to transfer fund and to perform financial transaction and other non financial transaction, electronically or by other methods on the name of the Customer in relation with the Services used, accompanied by the power of attorney, or the similar document granting the power from each Authorized Parties and the limitation, if any, and concerning the validity of signature. If the Customer does not appoint the Authorized Party, each party signing below representing the Customer, shall become the Authorized Party and may acting without any limitation. The Customer hereby empower and authorize the Bank to act based on these provision in carrying out the Instruction. If there is a change of name or other information concerning the Authorized Party, it must be submitted to the Bank at least 1 (one) working day before the effective date of the change; and
       8. any power of attorney provided by the Customer to the Bank cannot be cancelled due to any reason whatsoever including due to the cause as meant in article 1813 of the Civil Law Codes of the Republic of Indonesia.
    2. Without Releasing the Right

       The failure or delay of a party in the compliance to the requirements or in carrying out right or action according to the General Terms and Conditions of Opening Account shall not become the waiver of the right on such requirements, rights or actions. Releasing the right by a party on requirements, rights and actions shall be limited only at certain case.

    3. Modification of General Terms and Conditions of Opening Account

       Unless determined otherwise, the General Terms and Conditions of Opening Account may be modified only with the written documents signed by the parties in the General Terms and Conditions of Opening Account. The content can be modified by the Bank from time to time with the written notification. If a provision in the General Terms and Conditions of Opening Account is stated void and inapplicable, then the other provision shall remain be fully and binding effective.

    4. Dispute Settlement

       Any disputes arising according to or based on the General Terms and Conditions of Opening Account which cannot be settled in mutual deliberation, shall be settled through an arbitration in accordance with the provisions of the Indonesian National Arbitration Board (BANI) for the Services and through the public court for the other banking Services. Unless determined otherwise by the parties in the General Terms and Conditions of Opening Account, then the arbitration/court session shall be convened in Jakarta. The decisions taken and given by the arbitrator/judge which have had permanent legal power, shall be binding, absolute, irrevocably and they may be used as the basis for the stipulation in the territory of the Republic of Indonesia. The decision of arbitrator/courts must include stipulation of the parties should pay the expenses.

    5. Prevailing Law

       The General Terms and Conditions of Opening Account shall comply with the law of the Republic of Indonesia, with the terms and conditions which are effective in the Bank (as long as not contrary to the General Terms and Conditions of Opening Account) and with the provision and regulation of an organization or intermediary board, through organization or body where the banking service are provided, the provision and regulation of which may subject to change from time to time (hereinafter jointly in these General Terms and Conditions of Opening Account shall refer to the ?Provisions?).The Customer shall acknowledge that the use of banking services after the change to the Provisions is conducted, shall be considered as the approval by the Customer on the change. If the Customer has or get the jurisdiction immunity to the court or legal process for himself or the properties, then the Customer hereby absolutely release the right on the immunity in connection with the obligation according to the General Terms and Conditions of Opening Account and further to release the right on self defense in relation with the immunity to be possessed or acquired to a court decision in connection with these General Terms and Conditions of Opening Account. Save for the method permitted by the prevailing law and regulation, the legal process may be submitted through the courier to the address for submitting the notifications bellow. The Customer hereby absolutely comply with the non exclusive jurisdiction of the district court in South Jakarta concerning any actions or proceedings in relation with these General Terms and Conditions of Opening Account.

19. LIABILITY AND FORCE MAJEURE
    1. Bank Liability

       Bank liability according to the General Terms and Conditions of Opening Account shall only be limited to the failure for acting with a good faith and the failure to take prudent action , the failure of which is determined according to the commercial standard that is effective in the Banking industry. The Bank shall not be liable on the delay or failure on the implementation or on the accuracy (and also the Bank shall not be responsible to verify the accuracy) of any data or Instruction provided by the Customer or the third party. In whatever condition, the Bank shall not be liable on any losses which are indirectly, incidentally, occurred as the consequences or special even if it has been notified concerning the probability of the loss.

    2. Force Majeure

       The Bank shall not be liable on each claim and/or losses because of everything beyond the control of the Bank including but not limited to war, strike, riot, natural disaster, failure in new technology application, politic and government provisions existing currently or in the future.

20. AMENDMENT

    The Bank is entitled to anytime amend the General Terms and Conditions of Opening Account without any obligation to notify such amendment to the Customer, the amendment of which shall bind to the Customer.

21. ADDITIONAL PROVISION

    A1. Time Deposit

    1. Time Deposit may only be repaid (liquidated) on the due date in the Rupiah currency at the Bank office where the deposit for the first time is opened. If the deposit is opened in a currency other than Rupiah, the repayment with the same currency on the due date subject to the availability of such currency at the and shall comply with the Bank provision concerning the commission and/or exchange rate of the currency.
    2. The repayment on due date will be conducted in accordance with the Customer?s Instruction:
       1. Repayment in cash may only be permitted by submitting the deposit confirmation issued by Bank (?Bilyet Deposit?).
       2. If the repayment is made by overbooking or fund transfer to the account in one or other banks, then it shall be conducted under the provision of Bank concerning such matter.
    3. If the due date of Time Deposit is on holiday or a day where Bank is not operated, liquidation shall be conducted at the following working day.
    4. Withdrawing a part or all of the deposit before the due date shall not be allowed.
    5. The interest upon Time Deposit shall not be calculated after the due date, except it is extended.
    6. If the Time Deposit is extended, the interest on the Time Deposit will be in accordance with the interest rate effective at the time of the extension.
    7. The interest payment in cash will only be carried out by showing the Bilyet Deposit .
    8. In case the deposit is opened with the condition automatic rolled over (ARO):
       1. The Bank shall not issue notification/advice and/or Bilyet Deposit for each extension except there is a request of the Customer for such purpose.
       2. In case the extension, of the Bilyet Deposit must be issued by Bank, then the Bank shall only issue the extension of Bilyet Deposit if the deposit or submits the Bilyet Deposit which have ever been issued and submitted to the Customer previously.
       3. Liquidation may only be conducted based on the written request received by the Bank at the latest three days before the due date and completed with Bilyet Deposit which have ever been issued and submitted to the Customer previously.
    9. In case all or a part of funds are transferred in the form of Cheque and/or ?Giro Bilyet? and/or other bank draft which must be claim by the Bank to the party or other Bank, the Time Deposit shall be effective when the fund have effectively received by the Bank.
    10. Any notification on the change of the Time Deposit condition shall be effective three working days after the notification received and approved by the Bank.
    11. Special provision attached to each Time Deposit shall be regulated separately but shall not be separated from the General Terms and Conditions of Opening Account.

    A2. Saving

    1. Saving may only be purposed for individual.
    2. Bank will issue saving book or saving card or membership card of the saving in the name of the Customer constituting as the evidence of the account ownership.
    3. The Customer agrees to place the specimen of signature on the account ownership evidence used for verification media in conducting fund withdrawal or other Instruction.
    4. The customer is obliged to anytime maintain well the evidence of the account ownership and to prevent the account ownership evidence possessed by an unauthorized party, falsified or duplicated, so that it may cause the criminal action. If the evidence of account ownership is lost or misplaced, then the Customer is obliged to notify the Bank immediately after being aware. This notification must be conducted in writing accompanied by the Certificate of Lost from the Police and in the form and procedure acceptable by the Bank.
    5. Any misused of the account ownership is fully responsibility of the Customer.
    6. The Customer is obliged to present the evidence of the account ownership anytime conducting fund withdrawal through cashier or to give other Instruction to the Bank in relation with the Saving Account

    B. The terms and condition of each product which have not been regulated in the General Terms and Conditions of Opening Account shall be further regulated separately and are stipulated as an integral and inseparable part of the General Terms and Conditions of Opening Account.