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The formal terms must be completed in Indonesian, with additional English equivalents permitted.The signature of drawer may be complemented with a business stamp if stipulated in the account agreement. If the Drawer is a business entity, the funds transfer form is signed by an authorised person in charge (PIC) representing the entity, the specimen of whom is administered by the Drawee. The Signature of Drawer must match the specimen administered by the Drawee.
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If the Drawer is a business entity, the name of Drawer is the name of the that entity. The name of the Drawer does not have to be written on the funds transfer form if it has been personalised by the Drawee. The Drawer’s name can be pre-printed clearly by the Drawee on personalised funds transfer forms, which must be the same as the name registered with the Drawee. The effective date must be within the honour period. Amount to be transferred, expressed in numbers and words.Clear and unconditional order to transfer funds from the Drawer’s account.Name ‘Bilyet Giro’ and Bilyet Giro number.A Funds transfer must meet the following formal terms:.