Terms and Conditions

Terms and Conditions for CommBank Premier customers

Minimum Total Relationship Balance (TRB)* of IDR500,000,000 (five hundred million Indonesian Rupiah), or
Minimum disbursed mortgage loan of IDR3,000,000,000 (three billion Indonesian Rupiah), or
Minimum disbursed business loan of IDR10,000,000,000 (ten billion Indonesian Rupiah).

*TRB refers to the total balance of the customer's savings and checking accounts, fixed deposits, mutual funds, bonds, and Bancassurance (cash value).

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

Terms and Conditions

Terms and Conditions for CommBank Premier customers

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