BRI or what we often call Bank Rakyat Indonesia is one of the largest and oldest banks in Indonesia with a very wide reach. As one of the oldest State-Owned Enterprises (BUMN) banks in Indonesia, Bank BRI also provides interbank transfer services through their ATM machines.
The interbank transfer process from or to a BRI account involves the use of a unique bank code as a method of identifying the destination account for the transfer. For those who are not familiar, here is some information about BRI Bank Code and bank code others in Indonesia.
BRI Bank Code Information
List of contents
BRI Bank's unique code consists of three digits, namely “002”. This code is used when you transfer funds through various methods, such as ATM, mobile banking, or internet banking. It is important to include the code along with the recipient's account number during the transfer process.
How to Transfer Using BRI Bank Code
The process of transferring funds using the BRI Bank Code can be done through several methods, including the following:
Via BRI ATM
The steps to transfer funds using the BRI bank code via ATM are as follows:
- Place the BRI ATM card into the ATM machine.
- Enter your ATM PIN.
- Select options "transfer".
- Choose “Interbank Transfer”.
- Enter the destination bank code for the transfer, namely "002”.
- Enter the account number for the transfer destination.
- Enter the transfer amount.
- Enter your ATM PIN again.
- Press "Next".
- Your transfer transaction will be successful.
Via BRImo Application
The steps for transferring using the BRI bank code via the BRImo application are as follows:
- Buka aplikasi BRImo.
- Login to your BRImo account.
- Select options "transfer".
- Choose “Interbank Transfer”.
- Enter the destination bank code for the transfer, namely: “002”.
- Enter the account number for the transfer destination.
- Enter the transfer amount.
- Enter your BRImo PIN.
- Choose "Next".
- Your transfer transaction will be successful.
BRI Bank Code Function
The BRI Bank Code function covers several main aspects, including:
Bank Identification
This code is used as an identification tool for Bank Rakyat Indonesia (BRI) in various banking activities, such as interbank transfers and bill payments.
Read Also: The Most Complete and Latest List of BRI Branch Codes
Ease of Transaction
Provides convenience in carrying out inter-bank transfers, bill payments, and other financial transactions by ensuring that the banking system can recognize Bank BRI as the relevant financial institution.
BRI Bank Products and Services
Bank Rakyat Indonesia (BRI) provides various banking products and services, including:
- Savings and Deposits, BRI offers a variety of savings and deposit products with various interest rates and terms.
- Credit and Financing, These services include personal loans, vehicle credit, and financing for small and micro businesses.
- Credit card, BRI provides credit cards with various benefits and advantages.
- Digital Services, BRI continues to develop digital services, including mobile banking applications (BRImo) to make it easier for customers to make transactions anytime and anywhere.
- Participation Services, BRI also provides membership services, such as insurance and investment products.
With these various products and services, Bank BRI aims to meet the banking needs of the community and provide easier and more affordable access.
Read Also: How to Transfer Money Abroad via BRI
BRI Bank Transfer Limits and Fees
In addition to understanding how to use BRI bank codes in the interbank fund transfer process, it is important to know the applicable provisions. BRI Bank has rules related to the minimum amount of funds that can be sent and the fees charged for this service. Here are the details related to the minimum transfer amount and BRI Bank limits to other accounts and other banks:
Minimum Fund Transfer Nominal and BRI Limit to Other Accounts and Banks
- Minimum transfer of funds to other BRI accounts via internet banking: IDR 10,000
- Minimum fund transfer to fellow BRI accounts via mobile banking: IDR 10,000
- Minimum transfer of funds to other BRI accounts via SMS banking: IDR 10,000
- Minimum transfer of funds to other bank accounts: Rp. 10,000
- Minimum fund transfer to fellow BRI accounts: Rp1
- Minimum fund transfer via Teller: IDR 25,000
BRI transfer limits are also related to the type of debit card used. For example, GPN Simpedes ATM debit card users can transfer funds up to IDR 200 million per day.
Fund Transfer Fees from BRI Bank to Other Accounts and Banks
- Transfer Fees to Fellow BRI Accounts
No BRI Bank code is required and usually no administration fee is charged for transfers to other BRI accounts. However, an admin fee of Rp1,000 may be charged if using a BRI ATM. The fee can be free if done at a Link ATM, but will increase to Rp4,000 if done at a Himbara Link ATM.
- Transfer Fee to Other Bank Accounts
To transfer funds from BRI to another bank, you need to include the destination bank code, not the BRI Bank code. Fees vary depending on the transfer method used. For example, transferring funds from BRI to BNI via ATM Link will be charged Rp4,000, while via ATM Bersama or internet banking will be charged an administration fee of Rp6,500.
- Transfer via BI Fast
The transfer fee to another bank via BI Fast is IDR 2,500 per transaction. With an understanding of these provisions, there is now a more economical interbank transfer option without administration fees.
Conclusion
People's Bank of Indonesia (BRI) provides interbank transfer services using BRI Bank Code “002”. This code is used to ensure bank identification in various banking transactions, including transfers and payments. The transfer process can be done through BRI ATMs or the BRImo application with easy steps.
BRI also offers a variety of banking products and services, ranging from savings, credit, credit cards, to digital services. It is important to understand BRI transfer limits and fees, which are related to the type of debit card used. Transfer fees can vary depending on the method and purpose of the transfer, with some options providing administrative fee benefits.
By understanding the use BRI Bank Code, the transfer procedure can be carried out optimally according to your needs.
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