In 1965 the government brought Bank Umum Negara into BNI, renaming it Bank Negara Indonesia Unit IV (BNI IV), but in 1968 BNI IV became an independent bank again with the name Bank Bumi Daya. In 1964, the government nationalized Chartered Bank's operations in Indonesia and merged them into Bank Umum Negara the British overseas bank had first entered Indonesia in 1863 when it opened an agency in Batavia (now Jakarta). Bank Bumi Daya ( BBD) starts from 1959, when the government nationalized Nationale Handelsbank's operations in Indonesia as a part of boycott on Dutch companies amid both nation's dispute over Western New Guinea, and from them the government created Bank Umum Negara ('State General Bank').During the amalgamation and reorganisation, the government reduced the number of branches by 194 and the number of personnel from 26,600 to 17,620.īank Bumi Daya and Bank Ekspor Impor Indonesia was previously merged in 1965 by the Indonesian government under Guided Democracy into Bank Negara Indonesia (BNI) umbrella, 1968: The Indonesian government then reorganized the banks in 1968 as the New Order government took place. Those four banks were Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia, and Bank Pembangunan Indonesia. If you are making an important or time-critical payment, we recommend you contact your bank first.The second logo of Bank Mandiri, used from January 2008 until October 2016.īank Mandiri is the result of the merger made by Indonesian government from four older government-owned banks that failed in 1998. Only your bank can confirm the correct bank account information. Whilst every effort is made to provide accurate data, users must acknowledge that this website accepts no liability whatsoever with respect to its accuracy. The SWIFT code tool is provided for informational purposes only. The term SWIFT is often used interchangeably with BIC, which stands for Bank Identifier Code. SWIFT code registrations are handled by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). An 11 digit code refers to a specific branch, while an 8 digit code (or one ending in 'XXX') refers to the bank's head office. These codes are used by banks to process international wire transfers and messages.Īll SWIFT codes consist of 8 or 11 characters. SWIFT/BIC codes are used to identify specific banks and branches in international money transfers, making sure your money gets to the right place.

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