Private
Private
Wealth Management Mandiri Private
Mandiri Private Services
Terms and Conditions
Completing Primary Partner Form (FMU).
Possessing the Total Fund Under Management (FUM)
equivalent to IDR 20 billion,
consisting of: savings, deposits, current (giro) account,
and investment products.
Possessing Rupiah savings/current (giro) account
Services provided to an individual customer with a Fund Under Management (FUM) equivalent of or at least IDR20,000,000.000.00 (twenty billion rupiah), in the form of privileges in accordance with the applicable provisions of the Bank.
- If the within the Wealth segment membership period, the customer’s average daily balance or month-end balance is < IDR950,000.000.00 (nine hundred and fifty million rupiah) or equivalent for more than 3 (three) months, the customer will be categorized as a drop-fund customer
- During the drop-fund period, the privileges rewarded to the customer will only be the same as attached to the Mandiri Private Debit Card.
The following provisions shall apply to the drop-fund customer:
- The drop-fund customer will be subject to a penalty of IDR250.000.00 (two hundred and fifty thousand rupiah) monthly for a maximum of 3 (three) consecutive months. The penalty amount of the drop-fund will be debited directly prom the relevant Savings/Current Account in Rupiah currency which is recorded as the main account of Mandiri Private Debit Card customer or from other Rupiah currency accounts registered in the Bank's system.
- By the lapse of 3 (three) consecutive months as of being categorized as the drop-fund customer and the customer’s FUM has not been increased to the minimum of IDR950,000.000.00 (nine hundred and fifty million rupiah), Bank will delete the customer from the Wealth segment membership and convert into a Regular customer and all customer’s privileges will be terminated.
