The Better Way To Bank in Indonesia: Introducing Bellion Wallet

Share:

Bellion Wallet, the financial services company with more than 80,000 customers globally, soft-launched its bank account products in Indonesia a few months ago. 

The app is built on ease of use and delivers a superior experience to customers.

bank in indonesia

No fees banking

With just a passport, driver’s license or government-issued ID customers can create an account and receive a local bank account in less than 5 minutes. The benefits are vast – the app is the first in Indonesia with no monthly, transaction or admin fees for both banking transactions and services such as bill payment and top-up. Transfers are also processed instantly to all local banks.

New services – daily interest and overdrafts

The company offers customers the option to earn daily interest on balances at the best rates. Saving vaults, a service similar to time deposits, are flexible and allow customers to add funds at any time rather than locking the balance like traditional banks. There are also plans to introduce an array of new services not currently seen in the country such as overdrafts which will enable flexible credit to both Indonesians and expats living in Indonesia.

Licensed and safe

Bellion Wallet was first established in 2021 in the UK and Europe and last year opened a local office in Bali. The app is available in English and Bahasa Indonesia is supported by customer service in both languages.

The company offers its services in partnership with licensed banks and financial providers in addition to its own licenses in some countries. The company’s partners in Indonesia are licensed by Bank Indonesia and supervised by OJK.

Bellion Wallet is also the first in Indonesia to safeguard its customer funds. This means 100% of customers’ funds are protected in the unlikely event something happens to the company, unlike traditional banks that can only provide deposit protection up to 2 billion rupiahs.

Free to join

Experience the better way to bank by downloading the Bellion Wallet mobile app on the App Store or Play Store today.

Interested in this topic? Check out our other articles from Social Expat: 

Natalia is a Visual Communication Design baccalaureate and a writing aficionado based in Jakarta, Indonesia. An impulsive lover of knowledge, especially in art, literature, culture and health, who insists to share of her findings through words. Her comfort nestles around writing poems or short excerpts, but she has also developed experience in writing articles and journals.

Related News

UNESCO officially recognized Jamu Wellness Culture as the 13th Intangible Cultural Heritage of Indonesia, endorsing its inclusion in the UNESCO Education, Science, and Culture organization on 6 December 2023. The designation of herbal medicine into UNESCO’s intangible cultural heritage occurred during the 18th session of the Intergovernmental Committee for Safeguarding the Intangible Cultural Heritage in […]

Indonesia and Singapore are teaming up to bid for hosting the FIFA World Cup U-17 and U-20 in 2025. The Singapore Football Federation formalised this collaboration by signing a letter of intent with PSSI (Indonesian Football Federation) on 4 December 2023. In the past, Indonesia successfully hosted the 2023 U-17 FIFA World Cup, held from […]

The Indonesian Ministry of Health observed a surge in COVID-19 cases during the early week of December 2023. Starting from 28 November to 2 December  2023, weekly cases rose from 30-40 to a current tally of 267 recorded patients. This rise in COVID-19 cases is not exclusive to Indonesia but is also evident in various […]

President Joko Widodo officially launched the electronic land certificate at the State Palace in Jakarta on 4 December 2023. During the inauguration, there was a symbolic handover ceremony presenting certificates to 10 representatives from State-Owned Enterprises (BUMN). The initiative to introduce electronic land certificates was announced by Hadi Tjahjanto, Minister of the Indonesian Ministry of […]

Expat Event

Social Networking
100,000
Zest Legian by Swiss-Belhotel International
Social Networking
150,000
Hideout Sports Bar and Lounge
Social Networking
150,000
Blu Martini Bar & Lounge, JW Marriott Hotel Jakarta