TERMS AND CONDITIONS FOR CURRENT ACCOUNT HOLDERS
PT BANK CENTRAL ASIA Tbk. ("BCA")

1. DEFINITION
1. Account Holder means an individual, juristic person, any entity other than a juristic person, or a combination thereof that has completed and signed the application form for Current account opening and such application has been approved by BCA.
2. Account Statement means a copy of transaction history made by BCA in respect of the Account Holder’s Current account.
3. Business Day means a day on which BCA and other banks are open to carry on general business activities.
4. Calendar Day means any day of the calendar month.
2. GENERAL TERMS AND CONDITIONS
1. By opening a Current account with BCA, Account Holder agrees to comply with and adhere to these Terms and Conditions for BCA Current Account Holders. BCA has the right to amend these Terms and Conditions for BCA Current Account Holders upon notice by BCA in any form and by any means in accordance with the prevailing law.
2. In dealing with Account Holder, BCA shall act according to the prevailing law and any provisions applicable at BCA.
3. Account Holder must provide BCA with one or more specimen signatures of Account Holder, or one or more specimen signatures of the persons authorized to represent Account Holder to conduct transactions with respect to the Current account, as well as a detailed description of their respective rights and powers. Such specimen signatures shall remain valid unless a written notice of any change thereof is provided by Account Holder and received by BCA.
4. Account holder must notify BCA in writing of all data and data changes of Account Holder, including but not limited to its name, address, telephone number, Tax ID Number (NPWP).
5. Account Holder hereby authorizes BCA to provide Account Holder’s data to other parties having entered into a cooperation arrangement with BCA for the purpose of promotions or other commercial purposes.
6. Any Account Statement in the name of Account Holder issued by BCA based on its books and records shall be valid evidence of the account transaction history, time and total amount of money in the Current account unless sufficiently proven otherwise.
7. Account Holder is entitled to receive an Account Statement. If Account Holder, within 14 (fourteen) days after the Account Statement is provided by BCA, does not file any objection there to with the branch office of BCA where it opened its Current account, then Account Holder is deemed to have accepted all the data contained in the Account Statement
8. BCA is at all times entitled to and is hereby authorized by Account Holder to make corrections to the Current Account if there is any error in the Account Statement.
9. BCA is entitled to block Account Holder's account, reject any transaction involving Account Holder's account and/or terminate business relationship with Account Holder in the event:
1. Account Holder fails to comply with the prevailing law;
2. Account Holder fails to provide information and supporting documents in accordance with the prevailing law;
3. Account Holder is found and/or is reasonably suspected of using false documents and/or providing misleading data to BCA;
4. Account Holder provides allegedly inaccurate information; and/or
5. Account Holder’s source of funds for transactions is found and/or reasonably suspected of emanating from a criminal offence.
10. The Account Statement may be delivered to Account Holder in the following manners:

10.1 The Account Statement is sent to Account Holder’s address.

If an Account Statement has been sent to Account Holder’s address but is returned to BCA, then:

1. BCA will keep such Account Statement for 3 (three) months from the date of issuance of that Account Statement. Upon the lapse of the 3 (three) months’ period, BCA will destroy the Account Statement.
2. In connection with point a above, if an Account Statement is returned to BCA for any reason for three (3) consecutive months, then BCA will cease sending the Account Statement to Account Holder. If Account Holder wishes to continue having the Account Statement sent to Account Holder’s address, then Account Holder must come to the BCA branch office designated by BCA to resubmit a request for delivery of the Account Statement.

10.2 The Account Statement is collected by Account Holder

If an Account Statement is not collected by Account Holder within 3 (three) months from the date of its issuance, such Account Statement will be destroyed. If the Account Statement is not collected for 3 (three) consecutive months, then the Account Statement will only be printed and made available for Account Holder after Account Holder resubmits a request for the Account Statement to the BCA branch office designated by BCA.

11. If the Account Statement received by Account Holder has been opened or damaged, Account Holder must add a note "opened or damaged" on the delivery receipt. Furthermore, Account Holder must report and bring such “opened or damaged” Account Statement to the BCA branch office where it opened the Current Account.
12. As long as Account Holder (including any one or more parties forming a joint Current account) is still indebted to BCA by virtue of credit facilities, L/C, bank guarantees or any guarantee issued by Account Holder (borgtocht), interest, fees, clearing fees, fees for cheque/Bilyet Giro books, stamp duty, drafts, letters of acceptance or other trade documents signed by Account Holder for purposes of acceptance, endorsement, or withdrawal, guarantee or as a result of the use of credit cards or any charges or obligations incurred from any causes whatsoever, BCA has the right to and, to the extent necessary, is hereby authorized by Account Holder to debit Account Holder’s Current account and to apply the proceeds to settle any amount due to BCA at any time. Any consequences arising from the debiting of the Current account by virtue of Account Holder’s authorization shall be the sole responsibility of Account Holder.
13. In the event of the lack or insufficiency of funds in Account Holder’s Current account, at the first request of BCA, Account Holder must pay to BCA a certain amount deemed reasonably sufficient by BCA to settle Account Holder’s debts as referred to in point 12.
14. If Account Holder requests BCA to make a collection of instruments (inkaso) from the issuing bank, BCA has the right to appoint a correspondent bank to process the collection. Failure or delay by such correspondent bank in processing the collection with the issuing bank, remitting the proceeds to BCA and any loss incurred as a result of the collection process shall be the sole responsibility of Account Holder.
15. Account Holder shall be fully responsible for:
1. the authenticity, validity, correctness and completeness of all documents submitted to BCA in connection with Account Holder’s Current account; and
2. the validity of the signature(s) in each and every document and the authority of the person(s) who signed such document.
16. Account Holder is fully liable for any losses arising from any incomplete data, failure to receive notification by telephone, telex, or other means of communication, or delay in or non-delivery of any notices delivered by Account Holder to BCA, or by BCA to Account Holder which is not attributable to BCA’s fault.
17. Account Holder may close its current account at the BCA branch office where Account Holder initially opened the Current account. BCA for a certain reason may close the Current account.
18. Any Current Account will be automatically closed by the system if the balance in the account is 0 (zero balance), and no debit and credit transactions were made in said account for 12 (twelve) consecutive months.
19. BCA Dollar Account will be automatically closed by the system if the balance in the account is 0 (zero balance), and no debit and credit transactions were made in said account for 12 (twelve) consecutive months.
20. If Account Holder later applies for such facilities as m-banking, KlikBCA, and/or other facilities associated with the Current account, Account Holder hereby agrees to accept the terms and conditions of such m-banking, KlikBCA, and/or other facilities associated with the Current account as used by Account Holder
21. BCA is not liable for any losses, claims or demands from any party arising from any events that occur beyond the control of BCA (force majeure) including but not limited to the implementation of any rules or regulations issued by competent authorities, disruption of communication systems, natural disasters, strikes, riots, or emergencies.
22. BCA has the right to make necessary corrections to or reversals of Account Holder’s transactions or balance if BCA makes an error in posting the relevant data.
23. For the purpose of dispute settlement between BCA and Account Holder, Account Holder and BCA have agreed on a common and permanent legal domicile at the Registrars’ office of the District Court having jurisdiction over the BCA branch where the Current account was opened, without prejudice to BCA’s right to file lawsuits against Account Holder through other District Courts within the territory of the Republic of Indonesia.
24. Account Holder’s funds deposited with BCA are guaranteed by the Indonesia Deposit Insurance Corporation (Lembaga Penjamin Simpanan, LPS) according to the stipulated maximum amount covered by the LPS. The LPS shall not guarantee any deposit with an interest rate exceeding the maximum rate stipulated by the LPS.
25. Any data connected with the Current account at BCA shall be stored by BCA in accordance with the prevailing law
3. SPECIAL TERMS AND CONDITIONS FOR RUPIAH CURRENT ACCOUNT
1. Upon the opening of the Rupiah Current account, BCA will provide Account Holder with a Cheque/Bilyet Giro book.
   Account Holder will be charged a certain fee for the issuance of such Cheque/Bilyet Giro book. The amount of such fee and any change thereto will be notified by BCA to Account Holder in any form and by any means in accordance with the prevailing law.
2. Account Holder is fully liable for any misuse of the Cheque/Bilyet Giro provided by BCA to Account Holder.
3. Account Holder must make an initial deposit to its Current account, which is opened at BCA. The amount of such initial deposit and any change thereto will be notified by BCA to Account Holder in any form and by any means in accordance with the prevailing law.
4. The Paspor card, which can be used to conduct certain transactions through BCA Automated Teller Machines (ATM) or other facilities as may be determined by BCA, will be available only to individual Current Account Holders only.
5. Deposit payment can be made at any time with the teller within the counter operating hours during BCA business hours or through cash deposit machines.
6. Deposit payments in forms of Cheques, Bilyet Giro, drafts, and other instruments of similar nature will be credited to the Current account on the same day of receipt of such instruments, but the funds so credited shall not constitute good funds (dana efektif) that can be readily used or withdrawn by Account Holder (floating). The status of good funds in the Current account is dependent on the clearing result from Bank Indonesia and time of the clearing process (same day, next day or two days) as applicable to each BCA branch. For incoming remittance transactions, funds will be credited to the Current account once the amounts are actually received by BCA in good funds.
7. In the event that a Cheque, Bilyet Giro, draft and any other instrument of similar nature is rejected, then BCA has the right to debit Account Holder’s Current account with an amount equal to the amount of the rejected Cheque, Bilyet Giro, draft and any other instrument of similar nature, along with any fees arising therefrom.
8. In the event the issuing bank refuses to pay the instrument deposited by Account Holder, the rejected instrument may be collected or picked-up by the customer within 30 (thirty) calendar days of the rejection date. If the customer fails to collect the rejected instrument within such period, BCA disclaims liability for any consequences arising from such non-collection of that instrument.
9. Account Holder shall bear all costs and fees incurred in connection with the opening of the Current account with BCA, including but not limited to the fee for producing/replacing the Paspor card, administration fee, transaction fee, additional administration fee if the average balance in the relevant month is less than the required minimum balance, and any other fees. The amount of such fees and any related changes thereto shall be notified to Account Holder in any form and by any means in accordance with the prevailing law. Such fees shall be directly debited by BCA from Account Holder’s Current account.
10. Account Holder must abide by the following provisions:
1. Any cheque presented to BCA for payment before the payment date stated on the cheque ("postdated cheque") will still be paid by BCA on condition that Account Holder has sufficient funds available in Account Holder’s account with BCA on that day.
2. Bilyet Giro means a written order from Account Holder to transfer funds from Rupiah Current account to the account of the beneficiary whose name is stated on that Bilyet Giro and the Bilyet Giro is not cashable nor transferable.
3. Request for a Cheque /Bilyet Giro Book must be made in writing by Account Holder; and the return of the first sheet (receipt) of the Cheque/Bilyet Giro book must be done once the Cheque/Bilyet Giro book is received by Account Holder or by any other person authorized by Account Holder.
4. The deadline for collecting the requested Cheque/Bilyet Giro book is no later than 30 (thirty) calendar days of the date on which Account Holder makes the request for such Cheque/Bilyet Giro book.
5. If Account Holder fails to collect the requested Cheque/Bilyet Giro book after the lapse of such 30 (thirty) calendar days of the date on which Account Holder makes the request therefor, BCA has the right to unilaterally destroy such Cheque/Bilyet Giro book. Account Holder will still be charged in accordance with the applicable terms and conditions for each Cheque/Bilyet Giro book that is not collected and destroyed by BCA.
6. Any Bilyet Giro presented to BCA for book-entry or transfer before its due date will be dishonored by BCA regardless of whether or not there are sufficient funds available in the Current account
7. Account Holder must ensure sufficient funds in the Current account for payment of the outstanding Cheque/Bilyet Giro. Any Bilyet Giro which has fallen due or any Cheque presented to BCA will be dishonored by BCA and treated as a dud Cheque/Bilyet Giro if there are insufficient funds in Account Holder’s Current account for payment of the Cheque/Bilyet Giro.
8. Account Holder shall not draw a dud Cheque/Bilyet Giro for any reason. Account Holder hereby agrees and acknowledges that its Current account will be closed and Account Holder’s name will be put on the Bank Indonesia Blacklist if Account Holder draws such dud Cheque/Bilyet Giro.
9. Account Holder holds BCA harmless against all legal proceedings and any legal consequences arising from the rejection of a dud Cheque/Bilyet Giro to the extent such rejection is in accordance with the applicable laws and regulations.
10. Cancellation of a Cheque/Bilyet Giro by Account Holder must be made in writing and can only be processed by BCA after the expiry of the offer timeframe provided that the instruction on such Cheque/Bilyet Giro has not been processed at the time BCA receives the written notice.
11. In the event of any written report on the loss of any Cheque/Bilyet Giro accompanied by a Police certificate, then BCA has the right to dishonor the Cheque/Bilyet Giro.
12. Account Holder agrees to comply with all the provisions governing Cheque/Bilyet Giro, including, among others, those concerning the signing of Cheques/Bilyet Giro, payment of stamp duty, and other provisions for drawing a Cheque/Bilyet Giro.
11. BCA may offer certain products/services via personal communication means. If Account Holder objects to such promotional offers, Account Holder can contact Halo BCA.
12. Account Holder hereby authorizes BCA to provide Account Holder’s data to the paying bank as may be required for the remittance of Account Holder’s funds.
13. Account Holder shall be subject to a certain fee upon closing its Rupiah Current account. The amount of such closing fee and any change thereto will be notified by BCA to Account Holder in any form and by any means in accordance with the prevailing law.
14. Upon termination of the relationship between BCA and Account Holder in respect of the Current account, Account Holder must settle all of its obligations in connection with any Cheque/Bilyet Giro that has been drawn but remains outstanding, and return all of the remaining sheets of the Cheque/Bilyet Giro book in its possession to BCA.
4. SPECIAL PROVISIONS FOR FOREIGN CURRENCY CURRENT ACCOUNT
1. Upon opening a Foreign Currency Current account, BCA will provide Account Holder with Letter of Authorization (LA), namely an instruction letter to debit the Foreign Currency Current account.
   Account Holder is solely responsible for any misuse of the LA provided.
2. Account Holder must make an initial deposit to the Foreign Currency Current account opened with BCA. The amount of the initial deposit and any change thereto will be notified by BCA to Account Holder in any form and by any means in accordance with the prevailing law.
3. All withdrawals or transfer of funds must use the LA or any other means in accordance with the provisions applicable at BCA, and can be made at any time with the teller during BCA business hours.
   Any withdrawal in the form of banknotes from the Foreign Currency Current account can only be made at the BCA branch office where the Foreign Currency Current account was opened; however, solely for withdrawal of banknotes denominated in United States Dollar from a United States Dollar Current account, such withdrawal can be made either at the BCA branch office where the Foreign Currency Current account was opened or at any other BCA branch office designated by BCA or in accordance with any amended terms as may be notified by BCA in any form and by any means in accordance with the prevailing law. Withdrawal in Rupiah from the Foreign Currency Current account or inhouse transfer from the Foreign Currency Current account may be done in all BCA branch offices.
4. The LA cannot be used as a means of payment and is not transferable, redeemable or encashable in other branches.
5. If deposit payments are received in a denomination other than the currency in which the Foreign Currency Current account is denominated, then the amount shall be credited to the Foreign Currency Current account using the applicable exchange rates at BCA. Account Holder of the Foreign Currency Current account hereby holds BCA harmless against any liabilities and losses as a result of currency devaluation/depreciation of any outstanding instruments still in the collection or transfer process.
6. Deposit payments through Telegraphic Transfer (TT) in the same currency from another bank will be subject to a commission fee in accordance with the applicable provisions at BCA.
7. For each transfer transaction, whether interbank or intrabank transfer, in a currency other than the currency in which the Foreign Currency Current account is denominated, Account Holder of the Foreign Currency Current account agrees that:

7.1 BCA has the right to charge all fees incurred for such interbank or intrabank transfer transaction made from or over the Foreign Currency Current account

7.2 The interbank or intrabank transfer from the Foreign Currency Current account will use the exchange rate prevailing at BCA.

8. Withdrawal from the Foreign Currency Current account in the form of banknotes are subject to the prevailing exchange rates at BCA and the availability of such banknotes at BCA.
9. Account Holder of the Foreign Currency Current account shall be subject to the following fees:

9.1 Administration fee in the currency in which the Foreign Currency Current account is denominated; and

9.2 Penalty fee if the average balance of the Foreign Currency Current account in the relevant month is less than the required minimum balance.

The amount of the fees specified above or any changes thereto will be notified by BCA to Account Holder of the Foreign Currency Current account in any form and by any means in accordance with the prevailing law. Such fees will be directly debited by BCA from Account Holder’s Current account.

10. Account Holder shall be subject to a certain fee upon closing the Foreign Currency Current account. The amount of such closing fee and any changes thereto will be notified by BCA to Account Holder of the Foreign Currency Current account in any form and by any means in accordance with the prevailing law.
5. HANDLING OF COMPLAINTS
1. Account Holder may lodge any complaint with respect to the Current account with BCA through BCA branch office or HALO BCA. To deal with such complaint, BCA has the right to request Account Holder to provide BCA with a copy of Account Holder’s identity card and other supporting documents.
2. BCA will respond to such complaint in accordance with the applicable law.
3. Any complaint about the Current account must be lodged by Account Holder with BCA within no later than 3 (three) months of the transaction date.