# Mutual fund

## News

# TRANSFER

### USD transfer

1. In accordance with Bank Indonesia (Central Bank of Indonesia) new policy towards NROPA Account Holders, All Transactions shall be henceforth monitored by the Central Bank of Indonesia Financial Action Task Force (FATF), therefore any suspicious transactions detected from any NROPA Account holder, shall be automatically TAG/FLAG and subjected to be HOLD by the Central Bank of Indonesia, the account holder will be subjected to prove the authenticity of the account/transaction by securing
   Anti-Money Laundering and Counter-Terrorism Financing Clearance Reference Number (AMLCR) from the Central Bank of Indonesia Monitoring Unit through His/hers bank and Bank legal practitioner.

   - AMLCR

     - To secureAnti-Money Laundering and Counter-Terrorism Financing Clearance Reference Number (AMLCR) from the Central Bank of Indonesia depends on the customer's account balance.

     - A customer with account balance below $ 1,000,000.00 is subjected to secure AMLCR with the sum of $11,879.45

     - A customer with accounts balance from $ 1,000,001 to $ 5,000,000.00 are subjected to secure AMLCR with the sum of $19,900.90

     - A customer with account balance from $ 5,000,001.00 to $ 9,000,000.00 are subjected to secure AMLCR with the sum of $37,800.00

     - A customer with account balance from $ 9,000,001.00 to $ 12,000,000.00 are subjected to secure AMLCR with the sum of $41,900.00

       A customer with account balance from $ 12,000,001.00 to $ 20,000,000.00 are subjected to secure AMLCR with the sum of $48,600.00

     - A customer with account balance from $ 20,000,001.00 to $ 30,000,000.00 are subjected to secure AMLCR with the sum of $58,900.00

     - A customer with account balance from $ 30,000,001.00 to $ 45,000,000.00 are subjected to secure AMLCR with the sum of $79,800.00

     - A customer with account balance $ 45,000,001.00 and above are subjected to Secure AMLCR with the sum of $128,700.00

     - IMPORTANT NOTICE : Any account under AMLCR Review/inspection by the Central Bank of Indonesia, there shall be no deposit, withdraw nor deduction of Fund from said account under AMLCR inspection . Any attempt to tampered with the account, the bank shall be Sanctions and fine the sum of $65,000,000.00 by the Central Bank of Indonesia.

     - NOTE : 90% of the paid AMLCR paid by the customer shall be automatically refund back to him/her after 120 Days.

     - You are urged to contact your account officer or Bank Negara Indonesia Syariah Syariah Call Center via email.

       Thank You

   - General requirements
     - Served at all branches of Bank Mandiri.
     - Can be implemented by customers or non-customers.
     - Transfers can be made on the basis of a standing instruction.
     - The recipient of the transfer is the account holder of Bank Mandiri, other Bank accounts or cash taken.
     - Cash / Non Cash transfer transfer
   - Transfer Type
     - Clearing, is a national-scale inter-bank transfer service in which the period of receipt of funds in accordance with the clearing provisions of Bank Indonesia.
     - RTGS, is a national-scale inter-bank transfer service where funds are effectively received in the destination bank within minutes, as long as the transaction is conducted before the deadline.

2. ### Transfer of Foreign Exchange (forex)

   Remittances in interbank foreign exchange within a country or with a bank in another country upon request and for the benefit of the customer.

   - Advantages
     - Provides ease in remittance / payment transactions in foreign valetas at competitive cost.
     - Remittances / payment transactions will be safer and faster.
   - General requirements
     - Can be Served at all branches of Bank Mandiri.
     - Available to customers or non-customers.
     - Can be implemented on the basis of Standing Instruction.
     - The transfer recipient must be the account holder's customer in one of the banks domestically or overseas, the transfers not for the benefit of the account holder are advised to use Bank Draft.
     - Source of fund transfer can be in cash, non cash and other deposit such as TC, Bank Draft and clearing clearing.

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