Virtual Account is corporate (company) identification number that is made by Shinhan Bank base on company customers request. Identification number to be given to its customers as account number for receiving fund of payment.
What is a Virtual Account?
A unique non-physical account number given to your company’s customers to identify their payments.
What is Shinhan Bank Indonesia Virtual Account Service?
Shinhan Bank Indonesia Virtual Account Service offers a quick, secure, and convenient way to manage your company’s payment collection by allowing your customers to make payment transactions using a Virtual Account Number from Shinhan Bank Indonesia or other banks' payment channels.
Shinhan Bank Indonesia Virtual Account Number consists of your company code (defined by Bank) followed by your customer’s code (defined by your company).
Why should I choose a Shinhan Bank Indonesia Virtual Account Service?
No registration fee and monthly service fee.
Payment from your customers can be easily and quickly identified because each Virtual Account Number represents one customer.
Your customers can easily make payments from Shinhan Bank Indonesia or other banks.
Payment will be automatically transferred to your company’s account (VA Settlement Account).
Transaction report is provided in Internet Banking.
Available in two types of Virtual Account that you can choose to meet your business needs:
1) Registered VA
- Payment amount can be full or partial amount.
- Your customer's codes should be registered at the Bank.
- Payment from other banks is available through SKN/ RTGS/ Online Transfer.
2) Non-registered VA
- Payment amount must be in full amount (as per billing amount).
- Your customer’s codes don’t need to be registered at the Bank.
- Payment from other banks is available through Online Transfer.
- Integration between your billing system and Shinhan Bank Indonesia Virtual Account system is required.
How do I apply?
Open an account and internet banking at Shinhan Bank Indonesia.
Fill out Virtual Account Service registration documents at our branch office.
Monthly service fee(2)
Transaction fee(3) (Registered VA)
Transaction fee(4) (Non-registered VA)
Now! Free of charge (during promotion program)
*T&C : Shinhan Bank Indonesia may change the above fees at any time with prior notification to the customers.
(1), (2) : Borne by the Company (Biller)
(3), (4) : Borne by the Company’s customer (Payer)
Shinhan Bank Indonesia Virtual Account Service is available 24 hours, 7 days a week.
For further information, please contact our Branch office.