Indonesia has no automatic switch service that moves payments and standing instructions for you. Switching a business account is a manual project. Open the new account, then move incoming payments, suppliers, payroll, and tax and billing details across, and keep the old account open until everything has cleared. Your company NPWP does not change when you switch banks.
- Automatic switch service
- Not available, switching is manual
- Open the new account
- Same company documents as a first application
- What to move
- Customers, suppliers, payroll, standing instructions, tax and billing
- Keep old account open
- Until all payments and recurring charges have moved
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
How switching works in practice
There is no equivalent of an automated switch service in Indonesia, so you manage the move yourself. Open the new corporate account with the same documents as a first application, including the Deed of Establishment, the NIB, the NPWP, the business licence, and director identification. Then redirect incoming payments and update outgoing instructions in an orderly sequence. As of 12 April 2026.
What to update
Update the customers and marketplaces that pay you, the suppliers and recurring payments you make, payroll and staff reimbursements, standing instructions and automatic debits, and your billing and electronic tax invoicing details so collections reconcile. Notify counterparties in writing and give them the new account details before the first cycle. As of 12 April 2026.
Keep the old account open
Leave the previous account open and funded until every expected payment has arrived and every recurring charge has moved across. Once nothing is routing to it, close it to avoid dormant or low balance account fees. As of 12 April 2026.
Your tax number stays the same
The company NPWP does not change when you switch banks, so only the bank account details change. Update vendor and customer records so they reference the new account number while keeping the same tax number. Confirm any reporting steps with your accountant. As of 12 April 2026.
Compare business accounts available in Indonesia
These providers serve business customers in Indonesia. Fees and eligibility shown as of 12 April 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about switching a business account in Indonesia
Is there an automatic account switch service in Indonesia?
What do I need to open the new account?
Should I keep my old account open while switching?
Does my tax number change when I switch banks?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 12 April 2026. Confirm current terms with the provider before applying.