Registration and Activation

Registration and activation of the Virtual Account payment method has never been easier. With Xendit, you can instantly activate a Virtual Account after successfully going through the KYC (Know your customer) process.

How to Activate

The activation process will depend on the cooperation model you choose between the Aggregator Model or the Switcher Model. Not sure the difference? Please visit the following article.

Aggregator Model: Instant Activation Process

Available Banks for Aggregator

1. BCA (Bank Central Asia)
2. BNI (Bank Negara Indonesia)
3. BRI (Bank Rakyat Indonesia)
4. Bank Mandiri
5. Bank Permata
6. BSI (Bank Syariah Indonesia)
7. BSS (Bank Sahabat Sampoerna)

This model allows you to activate all bank channels instantly and provide instant settlement D + 0 to your Xendit dashboard after payment is made. Especially for BCA aggregators, the settlement will be done in D + 2 working days after the transaction date. You can make a withdrawal at any time. Here are the steps for activating using the model aggregator:

1. Register for a Xendit account at https://dashboard.xendit.co/register/1 and follow our KYC instructions.
2. Complete the details of the bank account that will be used for the settlement / withdrawal process (you can also enter it later after Go-Live).
3. Simulate the creation and payment of a Virtual Account in test mode. Please visit following page for more details.
4. Make sure you have enabled the Virtual Account payment method at https://dashboard.xendit.co/settings/payment-methods#virtual-accounts. In the same section, you can also see the range of Virtual Account numbers provided for Fixed Virtual Accounts and Non-Fixed Virtual Accounts (Virtual Account xenInvoice). Please activate the bank you want, click the "Activate" button.
5. Congratulations! You already have a range of Virtual Account numbers !. Xendit offers 999,999 Virtual Account numbers to new customers to start with.

Note:

• Users who have previously activated Fixed Virtual Account in live mode will get a new range of Virtual Account numbers after clicking “Activate” however, the virtual account number ranges in test mode will remain active.
• BCA Virtual Account activation requires the user to perform activation testing before Go-Live.
• Newly added banks like BSI and BJB require an activation process with an estimation of 3-5 days. Please contact your account manager or reach out to help@xendit.co if you wish to activate those banks.

Switcher Model: 0-3 Months of Process

Available Banks for Switcher

1. BCA (Bank Central Asia)
2. BNI (Bank Negara Indonesia)
3. BRI (Bank Rakyat Indonesia)
4. Bank Mandiri
5. Bank Permata
6. CIMB Niaga

In this model, the settlement process will be done directly to your bank account without going through the Xendit dashboard in the next working day for each successful payment. This model requires you to follow an additional application process with each bank you wish to use. You also need to open an account at the bank directly if you use this model (you can contact our Account Manager or Customer Service for guidance on the processes and policies at the related bank). Here are the steps for activating using the switcher model:

1. Register for a Xendit account at https://dashboard.xendit.co/register/1 and follow our KYC instructions.
2. Complete the details of the bank account that will be used for the settlement / withdrawal process (you can also enter it later after Go-Live).
3. Simulate the creation and payment of a Virtual Account in test mode. Please visit following page for more details.
4. Please contact your Account Manager or our Customer Support at help@xendit.co to get information about bank availability and policies regarding Virtual Account activation from the bank you want.
5. You need to open a bank account and follow the KYC process from the bank you want (the application process will depend on the bank, time estimation can be up to 5 days to 1 month).
6. After your application process to the bank has been successful and has obtained a merchant identification number (MID), we will activate your Virtual Account.
7. Congratulations! You already have a range of Virtual Account numbers!

Note: Activation of the BCA virtual account requires the user to perform activation testing before Go-Live.