A non resident cannot open an Indonesian business account directly. A corporate account requires a registered Indonesian entity, normally a PT PMA for foreign owners, and the authorised signatory who is a foreigner is generally expected to hold a KITAS. Banks routinely refuse a business application where the foreign signer has no legal stay and work status. International accounts such as Airwallex and Payoneer are common for cross border flows in the meantime.
- Direct non resident opening
- Not available for a business account
- What is needed first
- A registered entity, usually a PT PMA, plus NPWP and NIB
- Foreign signatory
- Generally expected to hold a KITAS
- Alternative
- International accounts such as Airwallex or Payoneer for cross border flows
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Why a non resident cannot open directly
Indonesian banks open corporate accounts to registered local entities rather than to non residents. A foreign owner incorporates a PT PMA, the foreign owned limited liability company, obtains the NPWP and the NIB, and then applies for the account. The director who signs is generally expected to hold a KITAS, and in practice banks refuse a business application where the foreign signatory has no legal stay and work status. As of 5 March 2026.
The KITAS for the signing director
An Investor KITAS is the residence permit designed for foreign business owners and lets them legally establish and manage the company. In practice it is what banks look for from a foreign authorised signer. Policies differ between banks, so verify the current requirement before you apply. As of 5 March 2026.
If you are not resident yet
Before the entity and the permit are in place, businesses often use international accounts from Airwallex or Payoneer to collect and pay across borders, then open the local corporate account once the PT PMA and the KITAS are ready. These accounts complement rather than replace a local rupiah account. As of 5 March 2026.
Compare business accounts available in Indonesia
These providers serve business customers in Indonesia. Fees and eligibility shown as of 5 March 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about non resident accounts in Indonesia
Can a non resident open a business bank account in Indonesia?
Do I need a KITAS to be the account signatory?
Can I bank before my company is set up?
Can a foreign company open an account without a local entity?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 5 March 2026. Confirm current terms with the provider before applying.