A service that provides ease of identification and processing of bill payments using unique numbers as payment destinations. With Mandiri Bill Collection, companies benefit from added convenience and speed in reconciling bill payments.

Key Features :

Types

1. Mandiri Bill Payment: Virtual account-based collection service across all Bank Mandiri channels.
2. Mandiri Virtual Account: Virtual account-based collection service across all Bank Mandiri channels and via other banks' channels.

Connecting

Mandiri Bill Collection offers 2 bill data input methods:

1. Host-to-Host: Directly through your Company's Enterprise Resource Planning (ERP) system.
2. Internal Billing System (IBS): Data upload via Mandiri File Transfer application or through Kopra Reconciliation Portal.

Billing Mechanism

1. Open Payment: Bills with manually inputted amounts.
2. Closed Payment: Bills with predetermined amounts.

Payment Channels

1. Kopra Cash Management
2. Livin' by Mandiri
3. ATM
4. Branch Teller
5. Other Bank Channels (specifically for Mandiri Virtual Account)

Benefits :

1. Ease of bill identification and reconciliation.
2. Real-time addition and modification of bill data.
3. Direct payment into designated accounts.
4. Convenient bill payment process from any bank.

Fees & Other Charges :

For information on Mandiri Bill Collection fees, please contact your Relationship Manager or Bank Mandiri Call Center at 14000.

Terms and Condition :

Mandiri Bill Collection can be utilized by corporate customers (legal entities) with current accounts and which have extensive collection transaction. You can register for Mandiri Bill Collection service by:

1. Contacting your Relationship Manager.
2. Contacting your nearest Branch Office or Bank Mandiri’s Transaction Banking Unit.

Risk :

1. Misuse of Virtual Account by VA member affecting corporate customer.
   Mitigation: Opening Mandiri Bill Collection service for customers that meet the criteria, and requiring permissions.
2. Discrepancies in transaction status between Partners (Billers) and the Bank.
   Mitigation: Reconciliation on H+1 using MT940-format bank statements sent daily via Mandiri File Transfer or email.

Additional Information :

Mandiri Bill Collection service can be bundled with Kopra Bill Reminder, a service integrated with Livin’ by Mandiri to provide reminders of outstanding bills payable via Livin’ by Mandiri.

Disclaimer:

1. By accepting this, you acknowledge having read, understood, and accepted the information on the products and/or services described in this Product and/or Service Information Summary ("Summary"), along with all associated benefits, risks, and Fees & Other Charges
2. This Product and/or Service Information Summary ("Summary") is solely for informational purposes and not intended as a formal offer of any product and/or service. In case of discrepancies between this Summary and the agreement and/or terms and conditions related to the product and/or service ("Agreement"), the Agreement shall prevail.
3. PT Bank Mandiri (Persero) Tbk. reserves the right to reject your product and/or service application if it does not meet the Bank's requirements and applicable regulations.
4. You are obliged to carefully read this Summary and may contact Bank Mandiri in case of further questions regarding the products and/or services included in this Summary.
5. This Summary has been adjusted to comply with the regulatory provisions, including Financial Services Authority regulations.