USD Transactions Based on Sharia Principles

Monas iB Valas Savings

USD Transactions Based on Sharia Principles

Sharia Savings Account in USD Currency.

Secure, Halal, and Planned Hajj Preparation

Sharia-Compliant Foreign Currency Savings

Foreign currency (USD) savings for both individual and non-individual customers, available under Wadiah and Mudharabah Mutlaqah contracts. Enjoy a variety of convenient facilities.

Monas iB Valas Savings features a dedicated foreign currency passbook and supports seamless foreign exchange transactions. Mudharabah contract holders are also eligible for profit-sharing.

Deposit and Balance Requirements

An initial deposit of USD 100 (for individuals and non-individuals) applies to Mudharabah Mutlaqah and Wadiah contracts.

Product Information, Fees, and Simulation

Description

Individual:: Mudharabah Mutlaqah & WadiahMudharabah Mutlaqah & Wadiah
Non-Individual:: Mudharabah Mutlaqah & WadiahMudharabah Mutlaqah & Wadiah

Description	Individual	Non-Individual
Contract (Akad)Contract (Akad)	Mudharabah Mutlaqah & WadiahMudharabah Mutlaqah & Wadiah	Mudharabah Mutlaqah & WadiahMudharabah Mutlaqah & Wadiah
Initial DepositInitial Deposit	USD 100USD 100	USD 100USD 100
Minimum Savings BalanceMinimum Savings Balance	USD 50USD 50	USD 50USD 50
Minimum Subsequent DepositMinimum Subsequent Deposit	USD 100USD 100	USD 100USD 100
Counter Teller Withdrawal LimitCounter Teller Withdrawal Limit	No limit (H-2 notice required subject to fund availability)No limit (H-2 notice required subject to fund availability)	No limit (H-2 notice required subject to fund availability)No limit (H-2 notice required subject to fund availability)
Guarantee LevelGuarantee Level	ER 2.0%ER 2.0%	ER 2.0%ER 2.0%

*Wadiah Contract Bonus: The Bank may provide a bonus at its discretion and is not permitted to promise bonus payments to customers.

Requirements & Opening Documents

Identity documents: National ID Card (KTP) and Tax ID (NPWP) of the account manager

Deed of establishment, articles of association, and the latest amendment deed (for non-individual customers)

Business Identification Number (NIB) or relevant business license (for non-individual customers)

Complete the account opening form at the nearest Bank Jakarta Branch Office

Select either the Wadiah or Mudharabah contract

Make a minimum initial deposit of USD 100

Additional Information

Benefits, Risks, and Additional Information

Sharia-compliant savings account tailored for international transactions with deposits held in USD.
Ideal for education planning, overseas travel, and financial portfolio diversification.
Profit-sharing ratios and projected returns are subject to change based on Bank policy, market conditions, as well as BI and LPS regulations; such adjustments may affect the actual profit-sharing amount received.
Subject to exchange rate fluctuation risk between USD and IDR.
Product operates in accordance with Sharia principles based on DSN-MUI Fatwa No. 02/DSN-MUI/IV/2000.
Withdrawal and deposit procedures follow the policies of the Bank Jakarta Sharia Business Unit; account opening is exempt from stamp duty.
Profit-sharing is subject to a 20% withholding tax for average balances exceeding IDR 7,500,000, in accordance with applicable regulations.
Information regarding fees, benefits, and risks is subject to change in accordance with prevailing regulations.