Immigration offices will be closed on 25 August for a public holiday. Please plan your visa arrangements accordingly.

Personal Indonesia Bank Account Opening for Foreigners With Visa Only

Open a personal Indonesian bank account with Maybank Global Access Account, designed for foreigners living, working, investing, studying, or staying in Indonesia.

The account allows you to manage Indonesian Rupiah and 12 foreign currencies within one account, providing greater flexibility for everyday transactions, business, investment, education, and travel.

Account Benefits

  • Hold Indonesian Rupiah and 12 foreign currencies in one account
  • 10 free domestic transfers to other banks in Indonesia
  • 10 free cash withdrawals at any ATM
  • Cash withdrawal limit of up to IDR 10 million through an ATM
  • Transfer limit of up to IDR 10 billion per day through Maybank2u (M2U)
  • Access to Maybank mobile banking
  • Suitable for daily expenses, investment, education, business-related transactions, and travel

Benefits and transaction limits are subject to Maybank’s prevailing terms and conditions.

Available Currencies

  1. IDR — Indonesian Rupiah
  2. USD — US Dollar
  3. SGD — Singapore Dollar
  4. AUD — Australian Dollar
  5. GBP — Pound Sterling
  6. EUR — Euro
  7. JPY — Japanese Yen
  8. CAD — Canadian Dollar
  9. HKD — Hong Kong Dollar
  10. NZD — New Zealand Dollar
  11. CNY — Chinese Yuan
  12. CHF — Swiss Franc
  13. MYR — Malaysian Ringgit

Important Information

  • Applications are not accepted from sanctioned countries, including North Korea, Iran, Russia, Cuba, Syria, Venezuela, Myanmar, Belarus, and Ukraine.
  • This service is for a personal bank account application only.
  • A minimum balance of IDR 50 million must be maintained and held for three months.
  • US citizens must provide their Social Security Number.
  • Applicants must have an active Indonesian eSIM or SIM card.
  • The applicant must provide complete and accurate personal, tax, and source-of-funds information.
  • Maybank may request additional documents or conduct further verification.

BaliEasy provides document preparation, application, coordination, and administrative assistance. Final approval, account features, transaction limits, and processing time are determined solely by Maybank. Purchasing this service does not guarantee approval of the bank account application.

15-20 minutes

Time you need to gather all the required documents.

Regular:

2-3 working days

The time required to process your application after submission.

99% of our eligible clients successfully complete their banking and financial service applications without issues.

Check our refund policy for details.

Pick our service:

Regular

2-3 working days

USD $10

Submit documents today, guaranteed completion on 09 Sep 2026.

Required documents

Documents marked with * are mandatory

Required for the Maybank Indonesia Bank Account Opening

Passport*
Provide a clear photo or scan of the passport biodata page. The passport must be valid and in good condition.

Indonesian SIM Card*
An active Indonesian mobile number is required to receive OTP codes and access Maybank mobile banking.

Initial Balance*
A minimum balance of IDR 50 million is required for an individual account.
The IDR 50 million balance will be held in the account for three months and cannot be withdrawn during the holding period.

For US Citizen only: Social Security Number
US citizens must provide their Social Security Number (SSN) for tax compliance purposes.

Maybank may request additional documents or information during the verification process.

BaliEasy process

Step 1

2-3 minutes

Complete Your Payment

Complete your payment and fill out your Name, Email, Nationality, and Phone Number/WhatsApp in the checkout form.

Place your order and complete the payment for BaliEasy’s bank account opening assistance service.

Step 2

5 minutes

Receive an email from BaliEasy

After your payment, you’ll get an email from visa.balieasy.com with steps to submit your documents. Follow the guide and contact us if you have any questions.

Step 3

15 minutes

Submit Your Documents

Upload all required documents following the given guidelines.

Once submitted, our expert team will review everything to maintain our 99% success rate by preventing mistakes that can cause delays or rejection.

We will contact you directly via WhatsApp or email to discuss and advise on your documents.

Step 4

2-3 working days

Bank Application and Verification

Once your documents are complete, we will coordinate your application with Maybank. You may be required to complete additional identity verification or visit the designated bank branch.

Step 5

Receive and Activate Your Bank Account

Once approved by the bank, you will receive your account details and assistance with activating your debit card and mobile banking access.

FAQs

Can foreigners open a personal bank account in Indonesia?+

Yes. Eligible foreign nationals can apply for an Indonesian personal bank account, subject to the bank’s identity verification and compliance requirements.

Do I need an Indonesian eSIM or SIM card?+

Yes. An active Indonesian mobile number is required to receive OTP codes and access Maybank mobile banking.

Can I withdraw the IDR 50 million initial balance?+

The IDR 50 million balance will be held for three months. It cannot be withdrawn during this holding period.

How long does the application take?+

The estimated processing time is approximately two working days after all required documents and the initial deposit have been completed. Additional verification may extend the processing time.

Is my application guaranteed to be approved?+

No. BaliEasy assists with document preparation and the application process, but final approval remains subject to Maybank’s verification and compliance requirements.

Can I open a corporate bank account through this product?+

No. This product is specifically for personal bank accounts. Corporate bank account opening should be offered as a separate service.

What is a PT PMA in Indonesia?+

A PT PMA (Perseroan Terbatas Penanaman Modal Asing) is a foreign-owned limited liability company registered in Indonesia. It allows foreign individuals or companies to legally operate and generate income in Indonesia.

Who can establish a PT PMA?+

A PT PMA can be established by:

  • Foreign individuals
  • Foreign legal entities, companies, or foundations (corporate shareholders)
  • A combination of foreign and Indonesian shareholders

At least one shareholder can be foreign.

Is PT PMA the only legal business structure for foreigners?+

Yes. If a foreigner wants to run and earn income from a business in Indonesia, PT PMA is the only fully legal structure. Local PT (PT Lokal) is restricted to Indonesian ownership.

Who Can Be Shareholders?+
  • Foreign Individuals: Individuals who hold citizenship from other countries are eligible to invest.
  • Foreign Legal Entities: Foreign companies, partnerships, or other organizations may also act as investors.
  • Combinations: Investment can involve a combination of foreign individuals and foreign legal entities, or a partnership between a foreign entity and a local entity (which may result in a different ownership or legal structure)
Can a foreigner own 100% of a PT PMA?+

It depends on the business activity (KBLI code). Some sectors allow 100% foreign ownership, while others require:

  • Partial local ownership, or
  • Are fully closed to foreign investment

Ownership rules follow Indonesia’s Positive Investment List.

How many shareholders are required?+

To establish a PT PMA (Foreign Investment Company) in Indonesia, a minimum of two shareholders is required. These shareholders may be foreign or local individuals, foreign or local legal entities, or a combination of both, provided that at least one shareholder is foreign. The company must also meet capital requirements, such as a total investment of IDR 10 billion with a minimum paid-up capital of IDR 2.5 billion, and comply with the required corporate structure, including at least one Director and one Commissioner.

Can a nominee shareholder be used?+

Using nominee shareholders is not legally recommended and carries high legal risk.

We help structure PT PMA ownership in compliance with Indonesian law.

What is the minimum capital for PT PMA?+

Indonesia requires:

  • Minimum investment plan: IDR 10 billion
  • Issued & paid-up capital: Minimum IDR 2.5 billion

This is a declared investment value, not always cash deposited upfront.

Do I need to deposit the capital in cash?+

Not always. Capital can be reflected as:

  • Business assets
  • Operational costs
  • Equipment, inventory, or setup expenses

We guide you on compliant capital structuring.

What business activities can a PT PMA do?+

A PT PMA can operate only within approved KBLI business codes listed in its license.

Each KBLI determines:

  • Ownership limits
  • License requirements
  • Whether additional permits are needed
Can I add or change business activities later?+

Yes. You can:

  • Add new KBLI codes
  • Change business scope
  • Update licenses

This requires an OSS system update and notarial changes.

Is PT PMA suitable for online or digital businesses?+

Yes. Many PT PMAs operate as:

  • Digital agencies
  • SaaS companies
  • E-commerce operators
  • Consulting firms

Business eligibility depends on the chosen KBLI.

Do I need a physical office address?+

Yes. PT PMA cannot use a residential address. Options include:

  • Commercial office space
  • Serviced office
  • Virtual office (if allowed by local zoning)
Can I use a virtual office for PT PMA?+

Yes, in most cases, as long as:

  • The location is zoned for business
  • Local government regulations allow it

We verify address eligibility before registration.

Does the director have to be Indonesian?+

No. A PT PMA director can be:

  • A foreigner
  • An Indonesian
  • Or both

Foreign directors usually require a work permit (KITAS).

How many directors and commissioners are required?+

Minimum:

  • 1 Director
  • 1 Commissioner

They can be the same nationality or different.

Does owning a PT PMA give me a KITAS automatically?+

No. PT PMA ownership does not automatically grant residency. However, a PT PMA can sponsor:

  • Investor KITAS
  • Director KITAS
  • Work KITAS (depending on role)
What is the best visa for PT PMA owners?+

Most founders use:

  • Investor KITAS (no work permit required), or
  • Director KITAS

We help recommend the most suitable option.

How long does it take to establish a PT PMA?+

Typical timeline:

  • Name approval & deed: 3–5 working days
  • OSS licensing & registration: 5–10 working days
  • Total average: 2–4 weeks

Timing depends on business complexity.

Can I start operating immediately?+

You can operate after the PT PMA is legally registered and licensed. Certain activities may require additional sector-specific permits.

Is PT PMA subject to Indonesian taxes?+

Yes. PT PMA must comply with:

  • Corporate income tax
  • VAT (if applicable)
  • Monthly and annual tax reporting

We strongly recommend engaging a local tax consultant.

Does PT PMA need accounting and reporting?+

Yes. PT PMA must:

  • Maintain proper bookkeeping
  • Submit annual financial reports
  • Comply with OSS and tax obligations

Non-compliance can lead to penalties.

How much does it cost to establish a PT PMA?+

Costs vary based on:

  • Business activity
  • Licensing complexity
  • Visa and immigration needs

Our service fee covers:

  • Legal setup
  • Licensing
  • OSS registration
  • Consultation and compliance guidance
What services are included in your PT PMA package?+
  • Company name check
  • Deed of establishment
  • Ministry approval
  • OSS & NIB registration
  • Business licenses
  • Guidance on visas and tax setup
What are common mistakes when setting up a PT PMA?+

Common issues include:

  • Choosing the wrong KBLI
  • Using illegal nominee structures
  • Incorrect capital declaration
  • Invalid office address
  • Ignoring post-setup compliance

We help you avoid costly mistakes from the start.

Can you help after the PT PMA is established?+

Yes. We support:

  • License amendments
  • Visa & KITAS processing
  • Business updates
  • Compliance guidance
How do I start the PT PMA process?+

Simply contact our consultant. We will:

  • Review your business plan
  • Check ownership eligibility
  • Recommend the best structure
  • Handle the entire setup process

Why choose BaliEasy?

24/7 WhatsApp Support from Bali Based Team

Get expert assistance from our real human support team in Bali—no chatbots. We help foreigners access banking and investment services in Indonesia. Easy!

Authorized Local Business Support in Indonesia

Visa BaliEasy, under PT Bali Visa Mudah, works with authorized banks and licensed financial partners. All applications are subject to eligibility and approval by the respective institution.

Fast, Secure & Structured Process

With a proven track record, you can proceed with confidence. If your application cannot move forward due to regulatory requirements, we will clearly explain the situation and available options. Your data stays secure.

BaliEasy is an independent private platform that assists individuals and companies in completing business establishment and compliance processes in Bali, Indonesia, through official government systems and licensed local partners. We are not affiliated with or endorsed by the Bali Provincial Government or the Indonesian Government.

99% of our eligible clients successfully complete their banking and financial service applications without issues.

Check our refund policy for details.

Choose our service:

Regular

2-3 working days

USD $10

Submit documents today, guaranteed completion on 09 Sep 2026.

Submit today, get Visa on
09 Sep 2026

Select your currency

Found a lower price? We’ll refund the difference!

📌 How It Works:

  1. Find a lower price within 48 hours of purchase (same plan, validity, & network).
  2. Email us at esim@balieasy.com with:
    Subject: Lowest Price Guarantee Request – [Your Order Number]
    Proof (screenshot/link) + Order details
  3. Review in 3 business days → If valid, refund processed to your original payment method.