SWIFT/BIC codes in Indonesia: banks starting with T

SWIFT/BIC codes in Indonesia

For Indonesia we have 772 SWIFT/BIC codes. You will need such a code mostly when making international transfers, and especially for payments in foreign currencies.

Every bank has its own page with its main code and if there are any, branch codes. Further down we explain how a code from Indonesia is put together, how to send money to Indonesia at a fair price and how to check a code before you pay.

How long does a transfer to Indonesia take?

An international transfer to Indonesia usually needs anywhere from one to several business days. Transfers sent after the cut-off time or on weekends and holidays usually start the next business day.

When a payment takes longer than expected, ask the sender to contact the sending bank for a trace. Keep your transfer receipt until the recipient confirms; a bank needs it to start a trace.

Bank Negara Indonesia - Pt (Persero) and its SWIFT codes

Of the 355 banks we list for Indonesia, Bank Negara Indonesia - Pt (Persero) is listed with the most codes. The head office of Bank Negara Indonesia - Pt (Persero) has BNINIDJAXXX and that code covers most payments.

Banks differ in whether they register branch codes – a high count is not a measure of size. If not a branch code is given, the head office code BNINIDJAXXX works for a payment to Bank Negara Indonesia - Pt (Persero).

Paying a bank in Indonesia from abroad

To pay into Indonesia you will almost always need the BIC. Without it, your bank cannot process the payment.

Not all countries use IBAN numbers. The receiving bank usually has instructions for payments from abroad. International transfers sometimes go via one or more intermediary banks and fees can be taken along the way.

The cheapest way to send money to Indonesia

When you send money to Indonesia through a regular bank, the fee you see is only part of the cost. You pay the transfer fee, sometimes fees from correspondent banks along the way and, most importantly, the margin on the exchange rate when currencies differ.

The real cost is often in the rate – the bank builds a margin into its rate. An easy check: set the offered rate next to the mid-market rate and look at the difference.

Money transfer services often offer a rate near the mid-market rate. GoldexPay lists these providers next to each other, showing the amount that reaches the recipient for the same amount sent.

Getting paid from abroad into an account in Indonesia

A sender in another country needs several details about your account. That means: your name as your bank knows it, your IBAN or account number, the SWIFT/BIC code of your bank and sometimes your postal address.

The code of your bank appears in our list. Some banks may also ask for the name and address of your bank.

The amount you receive can be less than the amount sent. Charges on incoming payments vary from bank to bank; check the price list of your bank. Make clear with the sender who covers the fees.

SWIFT codes in Indonesia: banks under :letter

This list only shows banks in Indonesia beginning with :letter. The totals on this page cover every bank we list.

Some banks are listed under their legal name rather than the name on their app or website, so the letter can differ from what you expect. Try the full list for Indonesia when you do not know the exact name.

How SWIFT codes from Indonesia are built

Every SWIFT/BIC code has eight or eleven characters. The first four letters stand for the bank, characters five and six form the country code and the next two give the location.

No matter which bank, all Indonesia codes share the same country code in positions five and six, namely the ISO code of Indonesia. A code with other letters in that position belong to another country, even if the bank name looks familiar.

When a code ends in XXX, it refers to the head office and the short version works just as well. For most transfers the head office code is what you need.

Verifying a SWIFT code from Indonesia

The most reliable source for a SWIFT code is the recipient’s own bank details: an invoice, a statement or their online banking. A wrong code may lead to a delay, a payment being sent back or extra fees.

We collect SWIFT/BIC codes from public sources and check them from time to time. Even so, banks merge or change codes and our data may lag behind. Before a payment of any size, check the code with the recipient’s bank. GoldexPay is an independent comparison service for money transfers, not a bank.

Be wary of invoices containing a new account. A real SWIFT code tells you nothing about whether a request is genuine – scammers use the codes of real banks.