Virtual Account

Virtual Account is corporate (company) identification number that is made by Shinhan Bank base on company customers request. Identification number to be given to its customers as account number for receiving fund of payment.

What is a Virtual Account?

  • A unique non-physical account number given to your company’s customers to identify their payments.

What is Shinhan Bank Indonesia Virtual Account Service?

  • Shinhan Bank Indonesia Virtual Account Service offers a quick, secure, and convenient way to manage your company’s payment collection by allowing your customers to make payment transactions using a Virtual Account Number from Shinhan Bank Indonesia or other banks' payment channels.
  • Shinhan Bank Indonesia Virtual Account Number consists of your company code (defined by Bank) followed by your customer’s code (defined by your company).

Why should I choose a Shinhan Bank Indonesia Virtual Account Service?

  • No registration fee and monthly service fee.
  • Your customer's codes should be registered at the Bank.
  • Payment amount can be full or partial amount.
  • Payment from other banks is available through SKN/ RTGS/ Online Transfer.
  • Payment from your customers can be easily and quickly identified because each Virtual Account Number represents one customer.
  • Your customers can easily make payments from Shinhan Bank Indonesia or other banks.
  • Payment will be automatically transferred to your company’s account (VA Settlement Account).
  • Transaction report is provided in Internet Banking.

How do I apply?

  • Open an account and internet banking at Shinhan Bank Indonesia.
  • Fill out Virtual Account Service registration documents at our branch office.

Fees*

Fee Types

Fee Amount

Registration fee(1)

free

Monthly service fee(2)

free

Transaction fee(3) (Registered VA)

free

*T&C : Shinhan Bank Indonesia may change the above fees at any time with prior notification to the customers.

(1), (2) Borne by the Company (Biller)

(3)        Borne by the Company’s customer (Payer)

 

Service Hours

Shinhan Bank Indonesia Virtual Account Service is available 24 hours, 7 days a week.

 

For further information, please contact our Branch office.