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Locked Pockets
Risks of Locked Pockets
- The changes in the interest rate follow the market trend.
- Savings will not being covered by LPS if:
- The maximum deposit value guaranteed by LPS is Rp2 billion per customer per bank; and/or
- The applicable interest rate exceeds the LPS-guaranteed interest rate (click here for further information).
- A savings account will potentially be considered dormant in the absence of any transactions for 18 consecutive months.
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Locking a Savings Pocket
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Unlocking a Pocket Early
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Adding Money to a Locked Pocket
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