While opening a bank account in Bali as a tourist can be challenging, it's not impossible. Several local banks offer account options for non-residents, each with specific requirements and procedures.
Banks Offering Accounts to Tourists
Mega Bank: Known for its accessibility, Mega Bank often allows tourists to open accounts without a KITAS (temporary residence permit). However, they may require a significant deposit, which could be around 11 million IDR.
BNI: Another option for tourists, BNI may also require a smaller deposit compared to Mega Bank. The process might involve finding a local sponsor or guarantor, which can be facilitated by visa agencies.
Maybank: As a Malaysian bank with a presence in Indonesia, Maybank might be an option for tourists, although recent reports suggest they might require a KITAS.
OCBC NISP: This premium bank offers account options for foreigners, but the requirements and fees might be higher compared to other banks.
Requirements for Opening an Account
The specific requirements may vary depending on the bank and your circumstances, but generally, you'll need:
Passport: Your passport must be valid for at least six months.
Visa: A tourist visa is usually sufficient, but some banks might require a KITAS.
Proof of Address: This could be a utility bill or a rental agreement with your name and address in your home country.
Local Phone Number: You'll need an active Indonesian phone number for communication and verification purposes.
Initial Deposit: The amount varies depending on the bank and the type of account you choose.
Process of Opening an Account
Choose a Bank: Research and compare the options based on your needs and the requirements mentioned above.
Gather Documents: Ensure you have all the necessary documents before visiting the bank.
Visit the Bank: Go to the bank and inquire about opening an account as a non-resident.
Complete Application: Fill out the application form and provide the required documents.
Wait for Approval: The bank will review your application and notify you of the decision.
Activate Account: Once approved, you'll need to activate your account and set up online banking if available.
Tips
Consider using a visa agency: They can help you navigate the process and find a local sponsor if needed.
Be prepared for potential language barriers: Having a translation app or a basic understanding of Indonesian can be helpful.
Inquire about fees: Ask about monthly fees, ATM withdrawal fees, and foreign transaction fees.
Explore online banking options: Many banks offer online banking services for convenient account management.
Additional Considerations
Currency options: Some banks offer multi-currency accounts, allowing you to hold and manage different currencies.
ATM availability: Check the availability of ATMs for your chosen bank in the areas you'll be staying.
Mobile banking apps: Many banks have mobile apps for easy access and transactions.
International transfers: Inquire about the process and fees for sending and receiving international transfers.
Card options: Choose the card type that best suits your needs, such as debit or credit.
Conclusion
Opening a bank account in Bali as a tourist requires some effort and research, but it can provide convenience and security during your stay. By understanding the requirements and procedures, you can choose the best bank and account option for your needs.