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Small money not worth it

| Source: KOMPAS

Small money not worth it

From Kompas

On August 6, I deposited some money at Bank Permata in
Serpong, Tangerang. Rp 200,000 of the amount comprised Rp 1000
and Rp 500 notes. And, I was surprised to learn that the bank
charged me 2.5 percent of the Rp 200,000.

When I asked the bank's customer service desk why I was told
that it was the bank's policy to charge 2.5 percent when notes
deposited were of a small denomination, or coins were deposited.

If this is the policy of the bank, I believe Bank Permata must
ask Bank Indonesia -- the central bank -- to no longer issue
coins and bank notes of a denomination lower than Rp 1000.

RUDI
Tangerang, Banten

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