Indonesia Rupiah Savings Account

• Valid ID (KTP or passport)
• Passport, KIMS or KITAS and NPWP (for non-Indonesian citizens)

Find out about HSBC savings account tariffs and charges.

If you have an HSBC savings account you can set up a regular saving plan.

Benefits of our regular saving plan

Tabungan Regular Saving Plan is a savings account with a monthly routine deposit and target funds that you set according to your needs. The benefits include:

• Flexibility to set the tenure (in months), the maturity date, target funds, monthly deposit amount and monthly deposit debit date
• The choice to top up your savings plan any time
• Competitive rates
• No administrative charges or account closure charges when target funds are met
•  Also available in USD

Interest rates and charges are subject to prevailing regulations and may vary from time to time upon regulated notice.

Account opening requirements

To open a regular saving plan you must:

• Have a source account (IDR and USD savings account)
• Have the source account and regular saving plan account in the same currency
• Fill out an application form

How it works

You must have some balance in the source account ready for monthly debits for a predefined tenure.

Target funds must be reached in the predefined tenure. Once the balance has reached the target fund or once the tenure has reached maturity, the account balance is transferred to the source account and the regular saving plan account shall expire.

A penalty shall be imposed if:

• Target funds are not reached within the predefined tenure
• You fail to make a deposit in 3 consecutive months
• Source account is closed and target funds are not reached