Trimegah, BCA tie up securities payment

Trimegah, BCA tie up securities payment

JAKARTA (JP): Publicly listed PT Trimegah Securities signed an
agreement on Monday with publicly listed PT Bank Central Asia
(BCA), allowing customers to pay share and mutual fund
transactions through BCA's automatic teller machines (ATMs).

"(The agreement) will hopefully increase local investor
interest in investing in the stock market," Trimegah president
Avi Y. Dwipayana said.

The picture above shows Avi (right) handing over documents on
the two companies' cooperation to BCA director Aswin Wirjadi at
the presence of the chairman of Capital Market Supervisory Agency
(Bapepam) Herwidayatmo.

Avi said he hoped at least 5 percent of BCA's eight million
customers would become Trimegah's clients.

The next plan for cooperation would be to expand business
transactions of both companies through the Internet, Avi said,
adding that Trimegah and BCA were currently setting up "e-
brokerage and online banking" respectively.

BCA has 800 branches and 2,000 ATMs across Indonesia. (10)