Deposit at Pepperstone

@Dul: Yes, deposits and WD at Pepperstone broker can be done with local Indonesian banks. The explanation can be seen below.

• Indonesia Local Deposit via Internet Banking CIMBClicks, a local Pepperstone deposit that you can use if you have a CIMB Niaga bank account.
• Indonesia Local Deposit via Mandiri Clickpay, a local Pepperstone deposit that you can use if you have a Mandiri account and have activated the Mandiri Clickpay feature.
• Indonesia Local Deposit via Mandiri E-Cash, a local Pepperstone deposit that you can use if you actively use Mandiri E-Cash.
• Indonesia Local Deposit via XL TUnai, XL Tunai is a mobile money provided by XL Axiata, if you are an XL number user you can request activation at the XL Center, after which you can use it to deposit at Pepperstone.
• Indonesia Local Deposit via BII Virtual Account, BII VA (Virtual Account) is a virtual account which is a feature of Bank BII (Bank MayBank Indonesia). With this BII VA feature, you will get a local virtual account (Maybank/BII account) which is the destination for Pepperstone broker deposits. BII Virtual Account is bound by amount and has an expiration date. If you do not have an account/internet banking that is included in this Pepperstone local deposit option, for example you have a BCA, BNI, BRI, BTN etc. account, then you can choose the deposit method using this BII VA option.
• Indonesia Local Deposit via Internet Banking Muamalat, a local Pepperstone deposit for those of you who have a Muamalat bank account.
• Indonesia Local Deposit via Telkomsel T-Cash, T-Cash is a mobile money issued by Telkomsel, for you Telkomsel card users, you can activate T-Cash through the Telkomsel GraPARI and after that you can use it to deposit at Pepperstone.
• Indonesia Local Deposit via Indosat Dompetku, Dompetku is a mobile money owned by Indosat, for you Indosat card users, you can activate Indosat Dompetku through the Indosat Center and after that you can use it to deposit at Pepperstone.
• Indonesia Local Deposit via Mandiri ATM Automatic, is a virtual account from Mandiri bank which will be generated by the system, once you have this virtual account, you can make a transfer to that virtual account via ATM or Mandiri internet banking.
• Indonesia Local Deposit vi Internet Banking Danamon, a local deposit for Pepperstone brokers for Danamon account holders.

Hopefully this helps

wow, the deposit options are really great! Master, is it possible to use local Indonesian banks for withdrawals? From a scale of 1 to 10, how would you rate Paperstone broker in terms of security, convenience, and ease of deposit/withdrawal? Is Paperstone a credible broker? Thank you, Master.

@Agus Salim: If you deposit using a local bank, then withdrawals will use a wire transfer (interbank and international transfers). Almost all national banks (not BPR) can send and receive Wire Transfers, or commonly known as Remittance.

More detailed explanation regarding withdrawals using wire transfer can be seen here:

• Forex Broker Deposit/Withdrawal Payment With Wire Transfer

For withdrawals of funds using other methods, the withdrawal method must be the same as the deposit method.

• If you deposit using a Credit Card, then for 60 days after depositing with a credit card, withdrawals must be made through the Credit Card. After 60 days, you can choose to withdraw using Bank Wire or Credit Card. This also applies to deposits using ATM Verified by VISA / Mastercard Secure Code Debit Cards. Withdrawals using credit/debit cards are free of charge.
• If you deposit using Bank Wire, then for withdrawals you must choose Bank Wire (International Transfer). The fee for Pepperstone Broker bank wire withdrawals is around 20AUD.
• If you deposit using Neteller, you can withdraw using Neteller, the withdrawal fee with Neteller is 1USD.
• If you deposit using Skrill, you can withdraw using Skrill, the withdrawal fee with Skrill is 1USD.
• If you deposit using Fasapay, you can choose bank wire as a way to withdraw, because of Pepperstone's regulations and decisions, Fasapay cannot be used for withdrawals, only as a deposit method.
• If you deposit using PayPal, you can choose to withdraw with PayPal. Currently there are no fees for PayPal withdrawals.