LPS period July 30th - Sepetember 30th

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July 30, 2020

Untitled Document

Dear Valued Customers,

In regards to the Deposit Insurance Program by Lembaga Penjaminan Simpanan (LPS) or Indonesia Deposit Insurance Corporation (IDIC), we hereby would like to inform you as the following:

1. Effective on July 30th 2020 to September 30th 2020, the guaranteed deposit rate is:

COMMERCIAL BANKS		BPR
IDR	FOREIGN EXCHANGE	IDR
5,25%	1,50%	7,75%

2. The maximum guaranteed amount for each customer deposited at one Bank is:

IDR 2.000.000.000,00 (Two Billions Rupiah)

Sincerely,
Commonwealth Bank

PT Bank Commonwealth is incorporated and licensed in Indonesia with limited liability and a subsidiary of the Commonwealth Bank of Australia (“CBA”), an Australian company. CBA is an Authorised Deposit-taking Institution (“ADI”) with authority granted by the Australian Prudential Regulation Authority (“APRA”) under the Banking Act 1959 (“Commonwealth of Australia”). PT Bank Commonwealth is a separate entity to CBA and is not an ADI under APRA definition. Unless otherwise disclosed, PT Bank Commonwealth is not guaranteed by the CBA and, accordingly, the obligations of PT Bank Commonwealth do not constitute deposits or other liabilities of CBA.

PT Bank Commonwealth is an insured member of Indonesia Deposit Insurance Corporation

LPS period July 30th - Sepetember 30th

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