Third Party Fund Deposit, DBS Bank Launches Digibank Application

By : Hariyanto And Aldo Bella Putra | Wednesday, August 30 2017 - 20:00 IWST

Bank DBS Indonesia
Bank DBS Indonesia

INDUSTRY.co.id - Jakarta - PT Bank DBS Indonesia launched a conventional bank application for smart phones, named Digibank to boost third party funds (DPK).

"We are targeting in five years this Digibank users can 3.5 million users," said Director of Consumer DBS Indonesia, Wawan Salum in Jakarta, Tuesday night (29/08/2017).

Wawan said, Digibank targeted prospective customers segment millennial society, or society that every day closely with information technology devices. This year, DBS is very aggressively fixing its technology services.

Unfortunately, Wawan is reluctant to disclose how much investment is prepared to develop DBS banking technology services. Digibank is more than a mobile banking service, or internet banking that has been presented by a number of banks in the country.

This service relies on biometric technology that relies on Electronic Identity Card (E-KTP) data. People who want to open a Digibank account, just set the time with Digibank agent to open an account.

Other advantages, there is no minimum balance requirements such as an account in a physical bank. DBS also promised no administrative fees for account opening and interest enjoyed by customers of 3 percent.

Other feature in Digibank added is the transfer service and cash withdrawal at no cost. In fact, Digibank users can transfer funds up to Rp200 million, as well as cash withdrawals at any Automatic Teller Machine (ATM).

The transfer service that reaches Rp200, available in Digibank, includes both SKN and RTGS (Real Time Gross Settlement) services, or clearing services.

For security features, Head of DBS Digital Banking, Leonardo Koesmanto said, Digibank service comes with a soft token that is different from the secret password used in conventional banks. "Soft token is a dynamic security in a more secure application of One Time Password," said Leonardo.

News Comment

Today's Industry

Ilustrasi Tambang Batu Bara PT Bukit Asam Tbk

Senin, 22 Januari 2018 - 22:00 WIB

Half Day Break, JCI Closes Stronger to 6,511 Positions

Jakarta - The Jakarta Composite Index (IDX) closed up 0.32% or 20 points at the end of the first trading session Monday (22/01/2018) compared to last week's position at the level of 6,490.

Illustration Shelter Integrated with public transportation modes such as Transit Oriented Development (TOD)

Senin, 22 Januari 2018 - 20:31 WIB

This Year Kampung Rambutan TOD Development Begins

DKI Jakarta Provincial Government continues to boost residential development with the concept of transit oriented development (TOD) at Kampung Rambutan Terminal can begin this year.

Presiden Jokowi (Foto Biro Setpres)

Senin, 22 Januari 2018 - 20:00 WIB

President Jokowi Suggests Farmers Selling Harvest in Rice

Palembang - President Joko Widodo suggests rice farmers sell crops in the form of rice because the benefits of planting rice occur after harvest.

CCS Senior Manager PT Wahana Duta Jaya Rucika Putra Wijaya (left) and National Sales Manager PT Wahana Duta Jaya Rucika Sunyoto Bambang Kusumo talked after launching a new brand Rucika Wavin

Senin, 22 Januari 2018 - 19:30 WIB

Strengthen Position in Pipe Business, Rucika and Wavin Cooperate become Rucika Wavin

Although still a market leader in the piping sector, PT Wavin Duta Jaya still considers it necessary to strengthen it. One of them is by launching a new brand which is a merger of two products…

Seaweed Farmer (Photo: BD)

Senin, 22 Januari 2018 - 19:27 WIB

Pamekasan Seaweed Farmers Enter Harvest Period

A number of seaweed farmers in Jumiang Beach, Tanjung Village, Pademawu Sub-district, harvest after several months ago to plant seaweed on the local beach, Sunday (21/1/2018) afternoon.