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Can deposits and wd at pepperstone be made with local...

R Rudy Indonesia Aug 11 2020

Can deposits and wd at pepperstone be made with local Indonesian banks?

A Alan
Indonesia Aug 15 2020

Rudy: 

Yes, deposits and WD at pepperstone can be done with local Indonesian banks. The explanation can be seen below.

Indonesian Local Deposit via Internet Banking CIMBClicks, Pepperstone local deposit that you can use if you have a CIMB Niaga bank account.

Indonesian Local Deposit via Mandiri Clickpay, a Pepperstone local deposit that you can use if you have a Mandiri account and activate the Mandiri Clickpay feature.

Indonesian Local Deposit via Mandiri E-Cash, a Pepperstone local deposit that you can use if you are actively using Mandiri E-Cash.

Indonesian Local Deposit via XL TUnai, XL Tunai is mobile money provided by XL Axiata, if you are a user of your XL number you can activate it at the XL Center, after that you can use it to deposit at Pepperstone.

Local Indonesian Deposits through BII Virtual Account, BII VA (Virtual Account) is a virtual account that is a feature of Bank BII (Bank MayBank Indonesia). With this BII VA feature, you will get a local virtual account (Maybank/BII account) which is the destination for Pepperstone broker deposits. BII Virtual Account is legally binding and has an expiration date. If you do not have an account/internet banking that is included in this Pepperstone local deposit option, for example, you have a BCA, BNI, BRI, BTN account, etc., then you can choose a deposit method using this BII VA option.

Indonesian Local Deposit via Muamalat Internet Banking, Pepperstone local deposit for those of you who have a Muamalat bank account.

Indonesian Local Deposit via Telkomsel T-Cash, T-Cash is mobile money issued by Telkomsel, for you Telkomsel card users, you can activate T-Cash through Grapari Telkomsel and after that, you can use it to deposit at Pepperstone.

Indonesian Local Deposit via Indosat Dompetku, Indosat's Dompetku mobile money, for you Indosat card users, you can activate Indosat Dompetku through Indosat Center and after that you can use it to deposit at Pepperstone.

Indonesian Local Deposit via ATM Mandiri Automatic, is a virtual account from Bank Mandiri that will get the system, if you have got this virtual account, you can make transfers to the virtual account via ATM or Mandiri internet banking.

Local Deposits Indonesia vi Internet Banking Danamon, Pepperstone local deposit broker for Danamon account holders.

L Lucy
Indonesia Aug 19 2020

Alan: Can you use a local Indonesian bank for WD? From numbers 1 to 10, how would you rank pepperstone in terms of security, convenience, and deposit/wd?

A Alan
Indonesia Aug 20 2020

Lucy: If you deposit using a local bank, then the withdrawal will use a wire transfer (interbank and inter-country transfers). Almost all national banks (not BPR) can send or receive Wire Transfers, or what is commonly known as Remittance.

The withdrawal method must be the same as the deposit method.

If you deposit using a Credit Card, then for 60 Days after depositing with a credit card, the withdrawal must be via a Credit Card. After 60 days, you can choose to withdraw using Bank Wire or Credit Card. This also applies to deposits using the Verify By VISA / Mastercard Secure Code ATM Debit Card. Withdrawals using this credit/debit card are free of charge.

If you make a deposit using Bank Wire, then for withdrawal you must choose Bank Wire (International Transfer). Pepperstone Brokers bank wire withdrawal fee is around 20AUD.

If you deposit using Neteller, then you can make withdrawals using Neteller, the withdrawal fee with Neteller is 1USD.

If you make a deposit using Skrill then you can make a withdrawal using Skrill, the withdrawal fee with Skrill is 1USD.

If you deposit using Fasapay, then you can choose bank transfer as the method for withdrawal, due to Pepperstone regulations and decisions, Fasapay cannot be used for withdrawals, it can only be used as a deposit method.

If you deposit using PayPal, then you can choose to withdraw by PayPal. For PayPal withdrawals, there are currently no fees at all.

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