How to Open a Corporate Bank Account in Indonesia

A representative office is a type of business entity that foreign companies set up to conduct research as they have interest in exploring potential business opportunities before making a decision to set [...]

There is no restriction to how many bank accounts that your company can apply. However, you will require to have at least one business bank account.

The most common types of bank accounts in Indonesia are savings accounts, checking accounts, and deposit accounts.

The duration depends on individual banks and the quality of submitted documents. It can take anytime from 1 day to a week.