PT Bank DBS Indonesia and PT Mirae Asset Sekuritas Indonesia have introduced an online onboarding feature for Customer Fund Accounts (RDN), aiming to support the growth of the capital market in Indonesia.
Melfrida Gultom, Consumer Banking Director of PT Bank DBS Indonesia, highlighted the importance of this partnership. "Together with Mirae Asset Sekuritas, we are committed to enhancing the digital investment ecosystem in Indonesia and encouraging public participation in inclusive and sustainable long-term financial management. This is also in line with our ‘Live more, Bank less’ principle, which prioritizes technological transformation to provide a banking experience that is increasingly flexible and relevant to the needs of today's investors who want convenience without compromising security," said Melfrida in a press release today, August 25, 2025.
Recent data from PT Kustodian Sentral Efek Indonesia (KSEI) shows that as of May 2025, there were over 16.5 million capital market investors in Indonesia. This marks a 60 percent increase since 2022. Of these investors, nearly all—99.7 percent—are local individuals. Bond investments remain popular due to recommendations from DBS’s Chief Investment Office amid global market uncertainty, as bonds are seen as relatively stable while offering potential returns.
Previously limited to offline registration, prospective investors can now open a DBS Bank Indonesia RDN digitally through the Mirae Asset Sekuritas platform. The process includes registering as a user on the platform and then opening an RDN online. Once activated, customers can top up accounts, monitor balances, and access e-statements via the DBS digibank app. The initiative is designed to streamline registration and provide faster access for investors.
The RDN services offered by both companies come with benefits such as competitive interest rates up to 1 percent per annum, no minimum balance requirement, no administration fees, and real-time balance monitoring through the bank’s app.
Future plans include launching a USD RDN feature for portfolio diversification globally.
Tomi Taufan, Director of PT Mirae Asset Sekuritas Indonesia commented on this development: “As a securities company focused on innovation and investor education, we believe digitization is the key to growing a broader and more sustainable investor base,” said Tomi.
Bank DBS Indonesia and Mirae Asset began their RDN service partnership in September 2024. Their collaboration has expanded beyond RDN services to include more accessible Government Securities (SBN) products like bonds; notably marked by the launch of M-STOCK Online Retail Bond in February 2025.
DBS operates across Asia with headquarters in Singapore and has received recognition such as “World’s Best Bank” by Global Finance and Euromoney. It holds high credit ratings (“AA-”/“Aa1”) among banks worldwide and has been named “Safest Bank in Asia” by Global Finance for sixteen consecutive years through 2024.
PT Mirae Asset Sekuritas Indonesia is part of Mirae Asset Financial Group—a non-bank financial group managing about US$550 billion at year-end last year—and ranks among Indonesia’s largest securities companies by trading volume over recent years. The company meets regulatory requirements for adjusted net working capital well above minimum thresholds set for securities firms.