Question: How old do you have to be to get a bank account in Indonesia?

Most of the major national and international banks in Indonesia issue credit cards. The basic requirements for issuing cards in Indonesia is that the holder must be 21 years old, have a monthly income of a set amount determined by each bank.

Can I open an Indonesian bank account?

Understanding Bank Account Types in Indonesia

Generally, foreign banks have requirements to open a personal bank account. They include a reference letter from an employer or sponsor, copies of your passport and temporary stay permit (KIMS, KITAS card), or permanent resident license (KITAP).

Can a 16 year old have their own bank account?

Since minors generally can’t open bank accounts by themselves, you’ll typically need to be a joint owner of the account, which may actually be a good thing. … For instance, there are joint teen checking accounts that allow you to receive alerts every time your child makes a transaction.

Can someone under 18 own a bank account?

Banks won’t open accounts for minors, without a parent or guardian or somebody over the age of 18 to be a co-signer on the account.

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Can a 17 year old have their own bank account?

Minors aged 15-17 can open the account on their own without a parent or guardian present.

Can a foreigner have a bank account in Indonesia?

Unfortunately, it’s almost impossible for a foreigner to open a bank account in Indonesia without a residence permit. To obtain a residency permit like KITAS, you have to wait for over six months including the submission of your application.

Can a non resident open a bank account in Indonesia?

Is that possible? There are foreigners who stay in Indonesia for a short period or temporarily but need to open a personal bank account as they have to do some banking transactions. However, it is almost impossible to open a bank account in Indonesia without a residence permit.

Can you get a debit card at 16?

What age can a child get a debit card? A child can typically get a debit card at 13 when a parent or legal guardian opens a joint teen checking account on their behalf. Teen checking accounts are typically available until the child turns 18.

Which bank is best for teenager?

What Are the Top 10 Checking Accounts for Teens?

  • Chase Bank.
  • Union Bank & Trust.
  • USAA.
  • Alliant Credit Union.
  • Citizen’s Bank.
  • Bank of America.
  • First National Bank and Trust.
  • Your Local Community Bank.

What happens to my bank account when I turn 18?

Once they turn 18 years old, their minor account will be automatically converted to a Savings account.

Can a 14 year old open a bank account without parents?

Minors cannot own a checking account in their name alone. You must be at least 14 years of age to open a checking account. Legal guardian co-owner is required for those between 14 and 18 years.

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Can a 16 year old open a checking account without parents?

Minor children by law can’t open a savings account. They need a parent or guardian to set up a custodial or joint account. A custodial account is the property of the child, but managed by the parent until the child turns 18.

Can a 13 year old have a bank account?

At most banks, you can open a teen checking account when your child is 13. One parent is usually required to be a joint owner until your child turns 18. As a joint owner, you’ll have the ability to monitor and access this account if you wish.

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