BII introduces new service

Tue, 02 May 1995

JAKARTA (JP): Bank Internasional Indonesia (BII), in cooperation with Western Union of the United States, introduced yesterday a fast money transfer service at two of its Jakarta branches.

Stefan Wanandi, BII's assistant manager for product and system development, said that clients can use the new service at the two branches, which have special computer links with Western Union, without having to open a bank account.

He said that BII, which had total assets of Rp 7.22 trillion (US$3.2 billion) as of last December, earned a profit of Rp 140 billion last year.(32)

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