When making interbank transactions, one of the things we need to know in order for the transaction to run smoothly is to know the destination bank code. Although it looks like a bunch of random numbers, the bank code has a role to play in ensuring that our transactions reach the destination account. In this article, let's explore what a bank code is, how the system works, and why bank codes are important in our daily financial transaction activities.

What is a Bank Code?

Simply put, a bank code is a unique set of numbers assigned to each bank in Indonesia by Bank Indonesia (BI). This code serves to identify specific banks within the national banking system. With a bank code, the process of transferring money between banks becomes easier and more efficient, as the system can instantly recognize the destination bank.

Bank Code Function in Financial Transactions

Bank codes play a vital role in interbank financial transaction activities, both in domestic and international transactions. Here are some of the functions of bank codes in financial transactions, including:

Bank Identification: The main function of a bank code is to identify the receiving or giving bank in a transaction. This ensures that the funds are sent to the correct destination bank.
Facilitate Transfers: Bank codes enable the smooth transfer of funds between banks. Without bank codes, the banking system would be confused in directing funds to the right place.
Transaction Security: By using bank codes, the banking system can track every transaction accurately. This helps in preventing fraud or errors in the payment process.
International Payments: In international transactions, international bank codes like IBAN or SWIFT are essential. They ensure that funds are sent to banks in other countries correctly and efficiently.

List of Bank Codes in Indonesia

Seeing the importance of bank codes for smooth transaction activities between banks, here is a list of bank codes, including BUMN bank codes, regional banks, and national & foreign private banks:

State-owned Bank Code:

BRI Bank: 002
Bank Mandiri: 008
Bank BNI: 009
BTN Bank: 200

BPD Bank Code (Regional Development Bank):

Bank BJB: 110
Bank DKI: 111
BPD Bank D.I.Y: 112
Bank Jateng: 113
Bank Jatim: 114
Bank Jambi: 115
Bank Aceh: 116
Bank Sumut: 117
Bank Sumbar: 118
Bank Kepri: 119
Bank Sumsel and Babel: 120
Bank Lampung: 121
Bank of South Kalimantan: 122
Bank of West Kalimantan: 123
Bank Kaltim: 124
Bank of Central Kalimantan: 125
Bank Sulsel: 126
Bank Sulut: 127
Bank Ntb: 128
Bank Bali: 129
Bank Ntt: 130
Bank Maluku: 131
Bank Papua: 132
Bank Bengkulu: 133
Bank of Central Sulawesi: 134
Bank Sultra: 135
Bank Banten: 137

Private Bank Code:

Bank Ekspor Indonesia: 003
Bank Danamon Indonesia: 011
Permata Bank: 013
BCA Bank: 014
Maybank Bank: 016
Panin Bank: 019
Bank Arta Niaga Kencana: 020
Bank CIMB Niaga: 022
UOB Bank Indonesia: 023
Bank Lippo: 026
OCBC NISP Bank: 028
Multicor Bank: 036
Artha Graha Bank: 037
Bank Pesona Perdania: 047
ABN Amro Bank: 052
Keppel Tatlee Buana Bank: 053
Bank BNP Paribas Indonesia: 057
Bank Woori Indonesia: 068
Bank Bumi Arta: 076
Bank Ekonomi: 087
Bank Haga: 089
IFI Bank: 093
Bank Century/Bank J Trust Indonesia: 095
Bank Mayapada: 097
Bank Nusantara Parahyangan: 145
Swadesi Bank: 146
Bank Mestika: 151
Metro Express Bank: 152
Maspion Bank: 157
Hagakita Bank: 159
Ganesha Bank: 161
Windu Kentjana Bank: 162
ICBC Bank Indonesia: 164
Harmoni International Bank: 166
QNB Bank: 167
Swaguna Bank: 405
Bank Mega: 426
Bank Bukopin: 441
International Business Bank: 459
Sri Partha Bank: 466
Bank KEB Hana Indonesia: 484
MNC International Bank: 485
Neo Bank: 490
BNI Agro Bank: 494
Nobu Bank: 503
Bank Ina Perdana: 513
Bank Sahabat Sampoerna: 523
SeaBank: 535
Bank Jago: 542
Mayora Bank: 553
Index Selindo Bank: 555
AlloBank: 567

Foreign Bank Code:

American Express Bank LTD: 030
JP Bank. Morgan Chase Bank, N.A: 032
Citibank Bank: 031
Bank of America, N.A: 033
Bank ING Indonesia Bank: 034
China Construction Bank Indonesia Bank: 036
Credit Agricole Indosuez Bank: 039
Bank Bangkok: 040
Bank of Tokyo Mitsubishi: 042
Sumitomo Mitsui Bank Indonesia: 045
DBS Bank Indonesia: 046
Bank Mihuzo Indonesia: 048
Standard Chartered Bank: 050
Bank Capital Indonesia: 054
ANZ Bank Indonesia: 061
Bank of China Indonesia: 069
Deutsche Bank: 067
Shinhan Bank Indonesia: 152
Woori Saudara Bank Indonesia: 212
Commonwealth Bank: 950

Syariah Bank Code:

Bank CIMB Niaga Syariah: 022
Muamalat Bank: 147
Bank BJB Syariah: 425
Bank Syariah Indonesia (BSI): 451
Bank Mega Syariah: 506
Panin Dubai Syariah Bank: 517
Bank Bukopin Syariah: 521
BCA Syariah Bank: 536
BTPN Syariah Bank: 547
Aladin Syariah Bank: 947

Understanding bank codes is key to conducting interbank financial transactions smoothly and safely. Entering the wrong bank code can result in a failed transaction. Therefore, it is important to always check and ensure that you have the correct bank code before making a transfer.

Similar Articles