BRI Account Types

　　BRI (Bank Rakyat Indonesia) offers various types of brokerage accounts tailored to meet the needs of both Indonesian citizens and foreigners looking to trade securities on the Indonesian stock market. The primary account types include:

• Customer Account (Rekening Dana Nasabah - RDN):
• Designed for trading securities such as stocks and bonds.
• Requirements:
• Valid identification (passport or ID).
• Tax Identification Number (NPWP) for Indonesians or equivalent for foreigners.
• Additional documents may be required based on bank and brokerage policies.
• Minimum Deposit: Usually no minimum deposit for opening an RDN, but funding is necessary to start trading.
• Foreign Currency Account (BRI Simpanan Valas):
• Specifically for holding and managing foreign currencies.
• Available Currencies: USD, EUR, SGD, JPY, and others upon request.
• Requirements:
• Minimum initial deposit varies based on currency (e.g., around $100 for USD).
• Valid identification and visa or documentation confirming legal stay.
• Fees: Generally, no monthly service fee if a minimum balance is maintained.

　　

BRI Broker Account Opening Process

　　To open a brokerage account with BRI, follow these steps:

• Prepare Required Documents:
• Valid ID (passport or ID).
• Tax Identification Number (NPWP) for Indonesians or equivalent for foreigners.
• Additional documents may be required based on the type of account.
• Visit a BRI Branch:
• Go to the nearest BRI branch and inform the customer service representative of your intention to open a brokerage account.
• Fill out the account application form provided by the representative.
• Account Verification:
• The bank will verify your documents and application details.
• Ensure that all information is accurate to avoid delays.
• Funding Your Account:
• Once your account is approved, you may need to fund it with the minimum required deposit to start trading.
• Access Trading Features:
• After funding your account, you can start trading securities through BRI's brokerage services, utilizing their online platforms and mobile applications for managing your investments.

　　By following these steps, you can successfully open a BRI brokerage account and begin trading in the Indonesian stock market.