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Pockets
Risks of Jago Pockets
- The changes in the interest rate follow the market trend.
- Savings will not being covered by LPS if:
- The total amount of deposit exceeds Rp2 billion per customer per bank; and/or
- The applicable interest rate exceeds the LPS Deposit Insurance rate (click here for further information). Interest rate includes the reward from Bank in the form of cash.
- A savings account will potentially be considered dormant in the absence of any transactions for 18 consecutive months.
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About Pocket
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