Just in case you haven't looked at the comments following yesterday's post, allow me to comment on one of them.
Indcoup ~ who knows more about money than I do ~ offers a couple of suggestions.
Firstly the simple solution: open an account at Bank Permata or BII. They are much better than BCA, IMO.
Actually, those are the two banks where I already have accounts!
Otherwise, get your wife to open an account in BCA in her name (as an Indonesian) and use this account instead!!!!
But then how will she be able to transfer to my account?
Then he says that Indonesia's central bank recently issued a regulation to restrict transactions by foreigners, but much of it was ambiguous and open to interpretation.
Eh? Ambiguous AND open to interpretation?
I was under the impression that Bank Indonesia was being pressured by the IMF, the World Bank, the Asian Development Bank and every major donor from Japan Inc. to Piggy Banks Anonymous to open up the banking sector. We've also had all and sundry and Bill Clinton talking about the need for transparency in the financial institutions.
Meanwhile, the country's largest bank, Bank Mandiri is the subject of an ongoing probe into allegations of reckless lending practices, lax risk management and fraud, a probe which has, unsurprisingly, affected its public image. A family concern of the VP, Josef Kalla, has been implicated, although there are no indications of personal impropriety.
Another major financial institution, Bank Negara Indonesia (BNI), is the subject of legal probes into procurement graft, embezzlement and several other financial scams nationwide.
Still, I haven't heard of any massive wrong doings at BCA, so all I can assume is that somewhere someone in BCA is being open in his interpretation.
And if I don't get paid on Friday, I will offer a compromise.
Something like this ........
