To open a business account in Indonesia the company must be fully registered first. A PT or PT PMA needs its Deed of Establishment approved by the Ministry of Law and Human Rights, an NIB from the OSS system, and an NPWP tax number. Banks then ask for the business licence, a domicile letter, and director identification, and a foreign signing director is generally expected to hold a KITAS. Account opening is usually completed in person at a branch.
- Company documents
- Deed of Establishment with Ministry approval, NIB, NPWP and tax certificate
- Plus
- Business licence, domicile letter, and for a PT PMA the investment approval
- Director ID
- Passport and KITAS for a foreign signer, KTP and NPWP for a local one
- Timeline and minimum
- About 1 to 4 weeks, minimum balance often around IDR 10 million
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
What the company needs in place
The company must be registered before any account can open. The Deed of Establishment, known as the Akta, is notarised and approved by the Ministry of Law and Human Rights. The NIB business identification number is issued through the OSS system, and the NPWP tax number is issued with a tax certificate, the SKT. A PT PMA also holds its investment approval. As of 22 September 2025.
Documents the bank asks for
Banks commonly ask for the Deed of Establishment and its Ministry approval, the NIB, the NPWP and tax certificate, the business licence, or izin usaha, and a domicile letter confirming the company address. Some banks also ask for a company profile and a board resolution naming the authorised signatory. Verify the exact list, since it varies by bank. As of 22 September 2025.
Director and signatory identification
A foreign director provides a passport, often with a minimum validity such as 18 months, together with a KITAS. A local director or shareholder provides a KTP identity card and an NPWP. Banks generally require a foreign signer to hold a KITAS and will refuse where the foreign signatory has no legal stay and work status. As of 22 September 2025.
In person opening, timeline, and minimums
Account opening is usually completed in person at a branch. From a complete company file the process commonly takes about 1 to 4 weeks. Many corporate accounts ask for a minimum balance around IDR 10 million and carry a monthly administrative fee. These figures vary by bank, so verify the current amounts. As of 22 September 2025.
Compare business accounts available in Indonesia
These providers serve business customers in Indonesia. Fees and eligibility shown as of 22 September 2025. Confirm current terms with the provider before applying.
Compare business accounts →Questions about requirements and documents in Indonesia
What documents are needed to open a business account in Indonesia?
Does the company need to be registered first?
Is a minimum deposit required?
Can the account be opened remotely?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 22 September 2025. Confirm current terms with the provider before applying.