Indonesia
activeNeobankHalal banking
- HQ
- Jakarta
- Fee
- Free-transfer pitch — confirm live
SeaBank
Indonesian digital bank. OJK licensed. LPS on eligible deposits. Sea Limited is the shareholder, not the deposit.
Legal entity: PT Bank Seabank Indonesia
Rate this app
7.4Solid
AlternativesFive questions
At a glance
Is it a bank?
Yes — Licensed bank — PT Bank Seabank Indonesia (OJK / Bank Indonesia). Still read the entity on the statement.
If it fails?
LPS up to Rp 2 billion per depositor per bank, if the rate sits inside the LPS guarantee-rate cap. High promo rates can fall outside that cap — confirm live TBP on lps.go.id.
Salary?
Yes, for Indonesian residents who pass KYC.
Open from abroad?
KTP / NIK gated. An App Store listing is not proof.
Monthly fee
Confirm live. Core savings are sold as low-friction.
Account number
No IBAN-class local rail on this file.
NeoBankDBVerdict
Licence first · score second
7.4
/10 · Solid
SeaBank is a licensed Indonesian bank. Shopee is how many people find it. Shopee is not the depository. File it next to Bank Jago and Krom Bank, not next to DANA. Directories still write “Shopee bank” as if Sea Limited holds the cash. NeoBankDB writes PT Bank Seabank Indonesia, OJK, LPS.
What it is
PT Bank Seabank Indonesia. Ex Bank Kesejahteraan Ekonomi (1991). Rebrand 2021. OJK letter KEP-12/PB.1/2021. Parent: Sea Limited. Headquarters commonly listed at Gama Tower, Jl. H.R. Rasuna Said, Jakarta Selatan — confirm live footer. PT Bank Seabank Indonesia is licensed and supervised by OJK and Bank Indonesia and is an LPS participant.
Best for: Indonesian residents who already live in Shopee and want an OJK bank with LPS, not a wallet float.
Last checked 2026-09-17. Not advice.
What it does well
- +OJK bank, not a PPI
- +LPS participant — named scheme
- +Distribution scale through Sea / Shopee
- +Digital-only operating model is the product
What to watch
- −Promo deposit rates vs LPS guarantee-rate cap
- −Shopee branding will be sold as the bank
- −Credit SKUs are credit, not the savings scheme
- −Not a travel IBAN
Legal entity, not the app icon
Who is behind it
- Legal name
- PT Bank Seabank Indonesia
- Formerly
- Bank Kesejahteraan Ekonomi
- Parent
- Sea Limited — shareholder, not the depository
- Offices
- Gama Tower, Jl. H.R. Rasuna Said, Jakarta Selatan — confirm live footer
- If something goes wrong
- OJK / LPS path on a licensed bank product — confirm live footer.
The product, not the brand colour
The account
- Platforms
- iOS · Android
- Account types
- Savings · time deposits · lending SKUs
- Partner bank
- none — this is the bank
- Who can open
- Indonesian residents with KTP
- Availability
- Indonesia
- Remote open
- KTP / NIK gated. An App Store listing is not proof.
- Onboarding
- Indonesian resident KYC.
- KYC documents
- KTP / NIK
- Salary / payroll
- Yes, for Indonesian residents who pass KYC.
- Local rails
- BI-FAST / domestic rails · Shopee as a channel
How money actually moves
- Who holds the cash
- Bank balance
- How money moves
- In-app ledger
- Built for
- Personal
- Settlement
- App-ledger instant; bank rails per corridor
- Freeze risk
- Bank-grade; still not freeze-proof
- Card
- SeaBank lists a physical card and a virtual card, plus Google Pay. Confirm the live product in the app — a card is not a current account.
Licence first
Safety
LPS up to Rp 2 billion per depositor per bank, if the rate sits inside the LPS guarantee-rate cap. High promo rates can fall outside that cap — confirm live TBP on lps.go.id.
Who holds the money: PT Bank Seabank Indonesia
- OJK / Bank IndonesiaLicensed bank — PT Bank Seabank Indonesia · Indonesia · KEP-12/PB.1/2021
Fees
- Monthly
- Confirm live. Core savings are sold as low-friction.
- FX markup
- Not the job
- ATM
- Confirm live partner ATM fees
Features
- –IBAN
- ✓Fee-free core
- –Multi-currency
- –Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- –Business
- –Kids
- –Halal
- Indonesian bank account
- Time deposits
- In-app credit SKUs
Before you tap Sign up
How to open
Step 1
Name the bank
PT Bank Seabank Indonesia. Shopee is a channel. DANA is a wallet.
Step 2
Pass KTP KYC
NIK onboarding. Not a nomad IBAN.
Step 3
Read the LPS rate cap
Rp 2 billion per depositor per bank, if the deposit qualifies. Promo rates above the LPS guarantee rate are a different conversation.
Official help: www.seabank.co.id/
Operator documents
Their own papers
These are the operator’s documents. They outrank this review if they disagree.
Score
- Safety25%
- 8.6
- Fees20%
- 7.2
- Features15%
- 7.4
- App15%
- 8.0
- Global15%
- 4.4
- Support10%
- 7.0
Change log
Full logLicence
Opened file. OJK bank. LPS Rp 2bn box.
Sea Limited = shareholder, not depository. Sit next to /app/jago and /app/krom-bank.
Available in
Straight answers
FAQ
01Is SeaBank a Shopee wallet?
No. DANA and ShopeePay are wallets. SeaBank is PT Bank Seabank Indonesia.
02How is money protected?
LPS, up to Rp 2 billion per depositor per bank, if the deposit qualifies. Promo rates above the LPS guarantee rate are a different conversation.
03Can non-residents open?
KTP / NIK onboarding. Not a nomad IBAN.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
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