How to receive international transfers to Aspire IDR Account?
You can receive transfers from abroad via SWIFT/IBAN to your Aspire IDR account by using one of the Local Account Details in the IDR Account:
Note: Your IDR Account can only receive in IDR. Therefore, before sending the international transfer, please advise your sender to convert the funds into IDR.
How to choose the Local Account Details?
Please follow the payment matrix below for receiving local transfers to your Aspire IDR Account.
Transfer Amount | Accepted Transaction System | Local Account Details |
Less than IDR 50 M | RTOL* |
|
More than IDR 50 M | SKN/LLG, or RTGS |
|
Notes:
*Currently, we have a limitation on accepting transfers sent via the BI FAST transaction system to your IDR account. Therefore, transfers less than IDR 50 M would need to be sent via the RTOL transaction system.
**The BNI Bank local account details can only receive IDR 50 M per transaction.
If you are making a transfer from the Aspire USD Account, there is a maximum limit of IDR 350 million per transfer.
Beneficiary Name for each Local Account Details
Local Account Details | Beneficiary Name (Transfer from the same bank) | Beneficiary Name (Transfer from other banks) |
Maybank | Company Name (e.g. PT ABC Company) | Company Name (e.g. PT ABC Company) |
CIMB Bank | Duitku Company Name (e.g. Duitku PT ABC Company) | Duitku Company Name (e.g. Duitku PT ABC Company) |
Permata Bank | Company Name (e.g. PT ABC Company) | Company Name (e.g. PT ABC Company) |
Mandiri Bank | Company Name (e.g. PT ABC Company) | Duitku Company Name (e.g. Duitku PT ABC Company) |
BRI Bank | Company Name (e.g. PT ABC Company) | Briva Company Name (e.g. Briva PT ABC Company) |
BNI Bank | Company Name (e.g. PT ABC Company) | Duitku - Company Name (e.g. Duitku - PT ABC Company) |
How to use the Local Account Details?
To receive FX transfers to your IDR account via Local Account Details, you may choose one of the account details under the IDR Local Account Details list.
Click on "Share Details"
Next, you may choose to send it in a letter form by clicking "Download official letter," or if you wish to send it in a chat form, you may click on "Copy Payment Instructions"
Send the Account Details to your sender, and ask them to fill out the Payment Details accordingly.
What are the transfer fees for receiving international transfers to Aspire IDR Account?
Currently, we apply zero fees when receiving FX transfers to your IDR Account. Therefore your inbound international transfer to the IDR account will be free!
How long will it take for an international transfer to be received to Aspire IDR account?
The time to process incoming international transfers depends on the platform used by the sender. International transfers generally take 2-5 business days. Aspire will process funds within one business day of receiving them.
If the delivery time exceeds the estimated time, please request proof of transfer or MT103 (for transfers via SWIFT) from your sender. As receiving parties, our payment partners have limited visibility into incoming transactions. Therefore, to trace the transfer, we strongly recommend contacting the sender and requesting them to initiate a tracking of funds through their bank.
Can I receive funds with cents to my IDR Account?
Unfortunately, it is not possible to receive funds with cents (amounts less than 1 Rupiah) in your IDR account. These funds will be rounded down to the nearest whole number.
In this scenario, our switching bank does not have the capability to process decimal amounts. As a result, when funds with cents are requested, the transaction amount will be rounded down to the nearest whole number.
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