What Is the Difference Between a Virtual Account and a Regular Bank Transfer?

Virtual Account (VA) and a regular bank transfer can both be used to send funds, but they serve different purposes.

On BTSE Indonesia, a Virtual Account is used as one of the fiat deposit methods. The VA number provided on the Deposit page is used to identify the payment and help facilitate the crediting of funds to your BTSE Indonesia account.

Virtual Account Deposit Methods Available on BTSE Indonesia

Currently, the Virtual Account methods available for fiat deposits on BTSE Indonesia include:

  • Bank Nobu

  • Bank INA

  • BRI

  • Mandiri


Depositing via a Transfer from Another Bank

For customers whose bank account is not yet available as a Virtual Account deposit method on BTSE Indonesia, deposits can be made through:

  • Other bank → Bank Nobu VA

  • Other bank → Bank INA VA

Transfers from other banks can be made through the transfer channels provided by the sending bank, such as Mobile Banking or ATMs, using transfer methods supported by the bank, such as BI-FAST, RTGS, online transfers, or other available methods.

Transfer fees from other banks may vary depending on the sending bank and the transfer method used.

Difference Between a Virtual Account and a Regular Bank Transfer

Aspect

Virtual Account

Regular Bank Transfer

Purpose

Used for payments or deposits to a specific account

Transfer funds to the recipient's bank account

Recepient Number

Uses the VA number provided by BTSE Indonesia

Uses the recipient's bank account number

Identifikasi pembayaran

Payments can be identified based on the VA number

Follows the details of the recipient's bank account


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