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Shared Pockets
Risks of Shared 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).
- The risk of improper use of the collective funds in the Shared Pocket by the Pocket Owner because the Pocket Owner is the legal owner entitled to all the collected funds in the Shared Pocket.
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About Shared Pocket
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Owner, Can Spend and Can View
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