062-189 Bank Code

3 min read Jul 11, 2024
062-189 Bank Code

Bank Code 062-189: What Does it Mean?

Are you trying to figure out what the bank code 062-189 is all about? You're in the right place! In this article, we'll delve into the world of bank codes and explain what this particular code means.

What is a Bank Code?

A bank code, also known as a bank identification code or bank identifier code, is a unique code assigned to a specific bank or financial institution. This code is used to identify the bank and facilitate transactions between banks. Bank codes can be used for various purposes, including wire transfers, direct deposits, and online payments.

Breaking Down the Code 062-189

So, what does the code 062-189 represent? Let's break it down:

  • 062: This is the bank code for PT Bank Negara Indonesia (Persero) Tbk, a state-owned bank in Indonesia. This code identifies the bank as the recipient of a transaction.
  • 189: This is the branch code, which identifies a specific branch of Bank Negara Indonesia (Persero) Tbk.

What is the Purpose of Bank Code 062-189?

The bank code 062-189 is used for various transactions, including:

Wire Transfers

When sending money to someone with an account at Bank Negara Indonesia (Persero) Tbk, you'll need to provide the bank code 062-189 to ensure the transaction is processed correctly.

Direct Deposits

Employers or companies may use the bank code 062-189 to deposit salaries or funds directly into an employee's or individual's account at the specified branch of Bank Negara Indonesia (Persero) Tbk.

Online Payments

When making online payments or transactions, the bank code 062-189 may be required to authenticate the transaction and ensure it's directed to the correct bank account.

Conclusion

In conclusion, the bank code 062-189 is a unique identifier for a specific branch of PT Bank Negara Indonesia (Persero) Tbk in Indonesia. Understanding bank codes is essential for smooth and accurate transactions, and we hope this article has helped you grasp the basics of the code 062-189.

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