Business Activities and License


Based on the latest CIMB Niaga Articles of Association, as set forth in Deed No. 20 dated 9 April 2020, made before Ashoya Ratam, S.H., M.Kn., Notary at Administrative City of South Jakarta, in accordance with Article 3 paragraph 3.2, CIMB Niaga was established with the intention and purpose to carry out business activities in field of Commercial Banks. In order to achieve these aims and objectives, the Bank may carry out the scope of the main and supporting business activities, as follows:


  1. Funding from the public in the form of deposits, including demand deposits, terms deposits, certificates of deposit, savings and/or their equivalents;
  2. Lending;
  3. Issuing debt instruments;
  4. Purchase, sell, or collateralize at its own risk or for the benefit the request of its customers:
    1. Promissory notes including those accepted by banks with validity period no longer than the customary commercial instruments;
    2. Debenture notes and other commercial paper with validity periods no longer than the customary commercial instruments;
    3. State treasury notes and government guarantee instruments;
    4. Bank Indonesia Certificates (SBI);
    5. Bonds;
    6. Commercial paper valid up to 1 (one) year pursuant to prevailing laws and regulations;
    7. Other commercial instruments valid up to 1 (one) year, pursuant to prevailing laws and regulations.
  5. Transfer money for its own interest or for the interest of the bank’s customers;
  6. Place funds in, borrow from, or lend to other banks using notes, telecommunication means, sight drafts, checks, or any other means;
  7. Accept payment from commercial paper and perform calculation with or among third parties;
  8. Provide storage for the safekeeping of goods and commercial paper;
  9. Perform depository activities for the interest of other parties or on the basis of contract;
  10. Place funds from a customer to another in the form of commercial paper not listed on stock exchanges;
  11. Perform factoring activities, credit card businesses, and trusteeship activities;
  12. Perform activities in foreign exchange in compliance with the requirements stipulated by bank Indonesia;
  13. Perform Sharia-compliant banking activities;
  14. Perform marketing agency activities for nonbanking products such as insurance, mutual funds, government bonds, or others pursuant to the regulations.


  1. Purchase from auction or others, collateral either wholly or partially should a debtor default on an obligation to the Bang, under the condition that the purchased collaterals are required to be immediately disbursed;
  2. Perform capital investment in a bank or other financial institution, such as leasing, joint venture, consumer financing, securities, or insurance companies, or in a clearing house and underwriting, and settlement and depository agency accordance with bank Indonesia regulations;
  3. Perform temporary capital investments to manage the consequences of default, or Sharia-based financing default, under the condition that the investment shall be withdrawn in compliance with Bank Indonesia regulations;
  4. Act as pension fund founder and pension fund manager pursuant to pension fund rules and regulations;
  5. Perform other supporting activities to sustain the bank’s primary business activities as commonly performed by a bank as long as they are not against the laws and regulations


As of 31 December 2019, CIMB Niaga conducted all of the business activities set forth in the most recent Articles of Association.


 CIMB Junior

 Indie Account

 ON Account

 Tabungan Xtra

 Tabungan Xtra Manfaat

 Tabungan Usaha

 CIMB Preferred Account

 CIMB Private Banking Account

 Investor Account


 Simpanan Pelajar

 Xtra Pandai

 Tabungan Mapan

 Deposito Berjangka

 Giro Usaha

 Giro (Individual/Corporate)


 Debit Card


 Contact Center CIMB Niaga : 14041 / +6221-29978888 (from overseas)

 Business Banking Contact Center: 14042 or +62 21 8065 5111 (from overseas)

 Contact Center Preferred : 1500800

 Email :

 Preferred Assistant

 Cash Deposit Machine (CDM)

 Multi-Function Device (MFD)

 Electronic Data Capture (EDC)

 OCTO Clicks

 OCTO Mobile


 BizChannel@CIMB Mobile

 Account Balance Consolidation

 e-MFTS (Electronic Mass Fund Transfer System)




 e-Statement & e-Combine Statement

 e-Tax Payment

 Fax Statement

 Cash & Cheque Pick–up

 Virtual Account

 Rekening Ponsel

 Video Banking

 Digital Lounge

 Domestic and International Transfers

 Cardless Cash Withdrawals and Deposits

 Bills Payment & Top Up (Phone Credit, Internet/Data, PLN and e-Wallet)

 Virtual Card Number (VCN)

 Account Opening (Rupiah and foreign exchange), Credit Cards, Mutual Funds, Bonds, Insurance and Time Deposits Online

 Bulk Transactions & Scheduled Transactions

 Pay with OCTO Mobile by scanning QR and Scan QRIS

 Quick Access to Accounts and Transactions without Login

 Foreign Exchange Transactions to Own Accounts at Competitive Rates

 Travel Concierge: Buy Airline Tickets Through the Mobile Banking Application

 Buy Games Vouchers

 Checks and Points Xtra Transactions (Loyalty Points)

 Cash Plus facility via OCTO Mobile / Clicks

 Installment facility via OCTO Mobile / Clicks

 Contactless Credit Card




 Auto Loans

 Xtra Dana (Personal Loan)

 Partnership Vehicle Ownership Financing (Joint Financing)

 Credit Card

 Corporate Credit Card


 Working Capital Loan

 Investment Loan

 Syndicated Loan

 Partnership (Linkage Program)

 Trustee & Agency Services

 Custodian Services

 Payment Bank

 RDN Bank


 Bank guarantee

 Value Chain - Distributor/Dealer/Agent Financing

 Supplier Financing

 Trade Financing


 Tender or Bid Bond

 Performance Bond

 Retention Bond

 Payment Bond

 Maintenance Bond

 Custom Bond

 Advance Payment Bond

 Counter Guarantee

 Shipping Guarantee

 Standby LC

 Issuance of LC - Sight and Usance

 Issuance of Domestic Letters of Credit (SKBDN)

 Inward Documentary Collection - D/P and D/A

 Usance Payable At Sight/Usance (UPAS/UPAU)

 Post Import Financing/Trust receipt

 Import Tax - PIB/PIBT

 Continuation of Export LC

 Transfer LC

 SKBDN Negotiation/Discount with Facilities

 SKBDN Negotiation/Discount without Facilities

 Negotiation/Discount on Export LC with Facility

 Negotiation/Discount on Export LC without Facility

 Outward Documentary Collection - D/P and D/A

 Pre-Shipment Financing

 Trade Loan Account Receivable

 Trade Loan Account Payable

 LC Confirmation



 Risk Participation

 Bank Notes

 FX Today/Tom/Spot

 FX Forward

 FX Swap

 Par Forward

 DNDF/Domestic Non Delivery


 ACCD/Appointed Cross Currency Dealer

 FX Option

 Call Spread Option

 Interest Rate Swap

 Cross Currency Swap

 Interest Rate Option

 Bond Trading

 Repo/Reverse Repo

 Bond Forward Casa

 BLI/Bond Link Investment

 Market Linked Deposit

 SWAP Depo

 Strike Currency

 Bond Issuance

 SBI/Bank Indonesia Certificates

 Call Money

 Negotiable Certificate of Deposit


 iB CIMB Junior

 iB Indie Account

 iB ON Account

 iB Tabungan Xtra

 iB Tabungan Usaha

 iB CIMB Preferred Account

 iB CIMB Private Banking

 iB Investor Account

 iB TabunganKu

 iB Simpanan Pelajar

 iB Xtra Pandai

 Tabungan iB Pahala

 iB Tabungan Mapan

 iB Deposito

 iB Giro (Individual/Corporate)

 Mudharabah Muqayyadah

 iB Mortgage

 iB Indirect Auto Financing

 Xtra Dana iB (Personal Financing iB)

 Sharia Credit Card

 Sharia Corporate Credit Card

 iB Working Capital Financing & iB USD Working Capital

 iB Investment Financing & iB USD Investment

 iB Overdraft Facility

 FX Today/Tom/Spot

 Sharia Hedging

 Bank Notes

 Buying and Selling Sukuk

 Issuance of Sukuk Mudharabah

 iB Maintenance Bond

 iB Tender or Bid Bond

 iB Performance Bond

 iB Retention Bond

 iB Payment Bond

 iB Advance Payment Bond

 iB Custom Bond

 iB Counter Guarantee

 iB Shipping Guarantee

 iB Standby LC

 iB Issuance of LC - Sight and Usance

 iB Issuance of SKBDN (Domestic LC)

 iB Post Import Financing/TR

 iB Continuation/Transfer of Export LC

 iB Export LC Financing or iB SKBDN with Facilities

 iB Export LC Financing or iB SKBDN without Facility

 Outward/Inward Documentary Collections - D/P and D/A

 IB Account Receivable Financing

 iB Account Payable Financing


 Foreign Currency Remittances

 Bank Draft

 Special Funds Transfer

 Safe Deposit Box

 Mass Fund Transfer Systems (MFTS)

 Preferred Collection Services

 Tax Payment

 Routine Bills Payment

 CIMB Niaga Mobile Cash

 Cash & Cheque Pick Up


 Cash Sweeping

 Virtual Account