Contents

Direct Terms and Conditions

B. Introduction to Brankas Direct

Service Description
Brankas Direct is a service that allows Users to accept fund transfers from customers instantly and digitally through their web and mobile applications. This allows users to receive payment through various banks integrated with Brankas.

The transaction is processed directly from the source bank account to the beneficiary bank account, at no point does Brankas hold funds. No middlemen are involved. No extra transaction fees are charged.

Brankas Direct Features
The following are Brankas Direct’s features:

User Onboarding
User may access and use Brankas Direct services after the User completes the registration process.

Based on the User’s transaction necessity, there are two (2) account types with different pricing schemes:
- Basic Account
  For Users with the projection of transactions less than 100,000 transactions per year.
- Enterprise Account
  For Users with the projection of transactions more than 100,000 transactions per year.

Integration with User’s System
Brankas provides two (2) environments that may be used by User:

Environment	Definition	URL
sandbox⁽¹⁾	Sandbox environment allows potential Users and Users to conduct testing during development and try Brankas Direct without involving movement of funds.	https://direct.sandbox.bnk.to
Live	Live environment allows Users to accept fund transfer by initiating a checkout link in real-time once the onboarding process to Brankas or Brankas’ partner bank is completed.	https://direct.bnk.to

¹⁾Mock values are provided in sandbox environment for testing purposes

Types of integration that Users may use are as follows:

Brankas Direct - SDK
This integration integrates Brankas Direct with User’s mobile application so end-user may conduct payment process to User without leaving User’s application.
Brankas Direct - API
Allows Users to integrate the User’s system directly to Brankas’ services. Through API, the User may access functionalities required by allowing the User to accept funds.

Account to Account Payment

Receives Intrabank Payment (Same Source & Beneficiary Bank)
Receipt of Intrabank payment facilitated by Brankas’ integration with Bank.

For example, this integration allows an end-user (User’s customers) that has an account in BCA to make payment to the User’s payment account. This model does not impose extra fees charged by the source bank. For example, the end-user pays IDR 100,000 from a BCA account and the User’s bank account is BCA. This will deduct IDR 100,000 from the end user's account and pay to the User’s BCA account.

Receive Interbank Payment (Different Source & Beneficiary Bank)
Receipt of Interbank Payment facilitated by Brankas’ integration with banks.

For example, this integration allows an end-user (User’s customers) that has an account in BNI to make payment to the User’s BCA Account. This model has extra fees charged by the source bank to the end-user. For example, the end-user pays IDR 100,000 from BNI account and the User’s bank account is BCA. This will result in a deduction of IDR 100,000 from the end user's BNI account. Next, funds in the amount of IDR 100,000 will be paid to the User’s BCA account.

The account-to-account payment coverage facilitated by Brankas Direct is as follows:

Type	Source Bank	Destination Bank
Intrabank & Interbank	BCA	BCA & Any Domestic Banks⁽¹⁾
Intrabank & Interbank	BNI	BNI & Any Domestic Banks⁽¹⁾
Intrabank & Interbank	BRI	BRI & Any Domestic Banks⁽¹⁾
Intrabank & Interbank	Mandiri	Mandiri & Any Domestic Banks⁽¹⁾

¹⁾Depends on Brankas’ partner coverage in Indonesia

Brankas Direct Dashboard
Every registered User is given a dashboard that allows the User to view, browse, and download transaction data, to support the User’s necessity in checking or transaction reconciliation.