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Increasing Accessibility of International Services, BNI Relocates Singapore Overseas Branch Office to Strategic Location at Raffles Place

(03/10/2024) - PT Bank Negara Indonesia (Persero) Tbk or BNI continues to improve service accessibility for international customers. One of the latest steps is to relocate the Singapore overseas office (KLN) to BNI Tower at 30 Raffles Place, Singapore #26-01 & #27-01 from its previous location at Cecil Street.

BNI operations in this new office cover two floors, namely the 26th floor for corporate purposes and the 27th floor for the Banking Hall. Customers who wish to transact at the Banking Hall can access it easily through the 3rd floor, where there is also a BNI ATM machine that can be accessed by the public without requiring visitor registration.

BNI Corporate Secretary Okki Rushartomo explained, BNI Tower is designed to meet the needs of corporate and business workspaces with a strategic location in the heart of Singapore.

“Its location at Raffles Place, with direct access to The Arcade, Raffles Place MRT and OUE Bayfront, makes it easy for customers to reach our financial services,” Okki said.

The relocation of BNI's Singapore office was effective on July 23, 2024. As the first BNI branch abroad and the only Indonesian bank that has a Full License branch in Singapore, BNI Singapore Overseas Branch Office continues to be committed to providing leading banking services.

Apart from Singapore, BNI also has a network of overseas offices in other world business centers, such as London, Tokyo, Hong Kong, New York, Seoul, Amsterdam, and most recently in Sydney.

In addition to general banking services, BNI Singapore Overseas Branch Office also offers fast and efficient remittance services, both for money transfers to and from Indonesia and to various countries around the world.

BNI also provides account management services such as current accounts and deposits with competitive interest rates, both for companies and individual customers.

For individual savings products, Singapore Overseas Branch Office presents BNI SingPlus, which is a savings account intended for individuals who have a residence permit in Singapore. Accounts can be opened with a minimum initial deposit of SGD 50.00 to enjoy attractive and competitive interest rates.

In addition, BNI also offers financing services for companies and the commercial sector, and actively participates in a consortium of financial institutions to offer syndicated loans to business groups or corporations.

“We actively participate with other financial institutions in providing syndicated loans for commercial and corporate companies,” he added.

Okki also said that BNI also provides Hospital Guarantee products, which make it easier for customers to get health services at hospitals in Singapore without the need to carry large amounts of cash.

In addition, BNI also offers Trade Finance services to support customers' export-import activities, as well as Treasury service facilities.

“We hope that the various banking services available at BNI Singapore, including wealth management, can meet customers’ needs,” Okki concluded.

For information, credit and syndication are the largest contributors to the assets of BNI branch office in Singapore. Meanwhile, of all BNI branch offices operating abroad, currently it has contributed 10% to the company's total assets. (*)

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