The synergy with the capital market continues, BCA signs an agreement as the managing bank of RDN

PT Bank Central Asia Tbk (BCA) has officially signed a cooperation agreement with PT Kustodian Sentral Efek Indonesia (KSEI). In this collaboration, BCA once again assumes the role of Client Fund Account Administrator (RDN) and Payment Bank for 2024-2029. This collaboration aims to strengthen the synergy between banking institutions and the capital market, support the development of transaction infrastructure, and improve efficiency and convenience for investors.

The signing ceremony was attended by John Kosasih, Director of BCA, Inarno Djajadi, Chief Executive of Capital Market Supervision, Derivatives Financing and Carbon Exchange of the Financial Services Authority (OJK), Samsul Hidayat, President Director of KSEI, Commissioners and Directors of KSEI, Commissioners and Directors of the Indonesian Stock Exchange (IDX), Commissioners and Directors of the Indonesian Clearing and Guarantee Corporation (KPEI), and representatives of 22 other banks designated as RDN Managing Banks and Payment Banks in Jakarta, Friday (19/7).

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BCA CEO John Kosasih said: “We are very proud and grateful for the trust given by KSEI to BCA as the Managing Bank of RDN and Payments Bank for the period 2024-2029. This collaboration is a manifestation of BCA’s commitment to supporting the development of the capital market in Indonesia. We are ready to provide the best services by offering a secure and reliable transaction platform, which also serves as a relevant solution for investors and clients.”

The collaboration between BCA and KSEI as a Payments Bank has been in place since 2005. In its role as a Payments Bank, BCA systematically ensures that all capital market transactions are carried out smoothly, providing an efficient payment system so that transactions can be completed on time. The collaboration with KSEI is expected to provide optimal convenience to clients and investors when transacting in the capital market.

This collaboration is a manifestation of BCA’s commitment to supporting the development of the capital market in Indonesia.

BCA has also been the Managing Bank of RDN since 2011. The company not only manages clients’ fund accounts, but also offers various services that facilitate clients’ access to important information related to account balances and fund account transactions through myBCA, BCA Mobile and KlikBCA. In addition, BCA’s electronic channels are integrated with KSEI’s Access service to display securities balances and consolidated balances of RDN. The role of RDN Bank is crucial in creating a positive investment climate, increasing investors’ confidence in investing in the capital market and providing transparency to build a safe and comfortable investment environment.

“BCA will continue to innovate and improve banking services to provide excellent solutions and service to investors and customers. We are always committed to supporting the development of the capital market through strong cooperation with KSEI, and we hope that the public will be able to transact in the capital market with greater ease and convenience, ultimately boosting the growth of Indonesia’s capital market industry,” concluded John Kosasih.