Promoter of the Transfez Referral Program (“Program”) is PT. Indo Koala Remittance, incorporated in Indonesia under company number 9120007790231 and whose registered office is at Jl. Casablanca Raya Kav.88, Prudential Centre Lt. 22, RT.14/RW.5, Menteng Dalam, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12870, Jakarta Selatan (“Transfez”).
By participating in the Program, you as existing customers of Transfez (“Referrers”) and your friends that you refer (“Referred Friends”) are deemed to accept the following key conditions.
You must be an existing Transfez customer. Referred Friends must not have already signed up to Transfez or an existing customer that has not made any transaction using Transfez. The program is open to Referrers and Referred Friends who are over 17s only. Each Referred Friend shall only make Qualifying Transaction from a bank account under their name. Transfez reserves the right to verify Referrers and Referred Friends and require proof of eligibility.
Subject to your compliance with the terms of this Agreement, Transfez shall pay a “Reward” to your personal bank account if you meet the Program requirements (as in force at that time). Learn about how the Program works, including how many friends you need to invite.
The referrer will get 50.000 Points (1 point worth Rp1) as a Reward for every user who uses their code on their first transaction of minimum Rp3.500.000. Note that this total value is subject to change. The Qualifying Transaction must be done via Transfez App, and the Referred Friend must complete the transaction before Referrer can receive the Reward. The Referred Friends will get a 2x free transaction fee vouchers after using the referral code.
A Qualifying Transaction is a first transaction with a minimum amount of Rp3.500.000 from Indonesia to any available country. Note that this total value is subject to change. The Qualifying Transaction must be done via Transfez App, and the Referred Friend must complete the transaction before Referrer can receive the Reward. Only the first transaction that met the minimum amount counts as a qualifying transaction per referred friend.
Inviting friends is the key of this Program. The more people joined, the more you can earn.
You will get 50.000 Points as a Reward for every user who uses your code on their first transaction of minimum Rp3.500.000 from Indonesia to any available country. The Referred Friends will get a 2x free transaction fee vouchers after using the referral code.
Your referral code will be automatically activated once your account has been verified and you have made 1 completed transaction using Transfez App. There is no limit on the number of friends you can share the referral code with or number of Rewards that can be earned by you. Rewards will only be earned in relation to successful Qualifying Transaction by Referred Friends, regardless of when the referral code was shared.
Referral code should only be used for personal and non-commercial purposes. Referral code should not be published or distributed on commercial websites (such as coupon websites, Reddit, or Wikipedia) or social media. Referrers are prohibited from “spamming” anyone with referral invitations. This includes mass emailing or texting, messaging people you don’t know, or using automated systems or bots through any channel to distribute referral code. Referrers are prohibited from paying to advertise their referral code. Any violations will cancel the Reward.
Inviting friends is easy. You just need to share your code to a friend and they can use your unique referral code when they sign up to Transfez or from the Referral Page as long as your friend has never used any referral code. Your referral code can be found on the Referral Page in the Transfez App.
Remember, for your invites to count, your friends need to sign up and make a Qualifying Transaction. Your friends will get a voucher of 2x free transaction fee after they use your referral code.
For a Referrer to qualify for a Reward, your Referred Friend must complete the Qualifying Transaction. If the Referred Friend makes a first transaction with less than the minimum amount, the transaction fee will still be free, but won’t be counted toward your referral Reward. If at any point in the future, they complete a single transaction that counts as a Qualifying Transaction, they will be included in your list of successful invites, counting towards your Reward. Please note that the minimum amount is not cumulative and must be made in a single transaction to count as a successful invite. You may need to verify your identity before we can pay out your Reward.
A Referred Friend who meets the Eligibility criteria will be rewarded a 2x free transaction fee voucher. Free transaction fee voucher for Referred Friend will be automatically received after Referred Friend signed up in Transfez App using a referral code. Reward can only be received once and it is valid for 6 months upon registration.
A Referrer can earn the Reward multiple times. If you successfully receive your first Reward, you can still receive more after you successfully invited more people who make the Qualifying Transaction. Just invite more friends and receive more Rewards.
A Referred Friend may only use one referral code. If they receive a referral code from multiple Referrers, they can only use one code to receive a Reward (voucher) and only the Referrer whose code is used is eligible to earn Reward (50.000 points).
One referral code can only be used to make Qualifying Transactions to 1 (one) recipient. If several Referred Friends use the same referral code to make Qualifying Transactions to the same recipient, then only one transaction will be counted as Qualifying Transaction for the Referrer to earn Reward.
It will not count as an Eligible Transaction if the Referrer is the Recipient of the transaction. This can be classified as Prohibited Use
You will get a notification in the Referral Page in the Transfez app once a Referred Friend has signed up and another notification for when a Referred Friend has completed the Qualifying Transaction. However, in accordance with the terms of Termination and Amendment number 2 and other relevant provisions in the Referral Program Terms and Conditions, Transfez has the absolute authority to remove the Prize, change the notification, or do other things that are necessary if a violation is found.
Reward Points that you earned can only be redeemed via Transfez application under the Referral page. You can claim the Reward Points after your Referred Friend completed Qualifying Transaction with Transfez. Once earned, you can create a reward claim in the Referral page on Transfez Apps.
Reward Points of the Referral Program can be converted into two types; Cash out or Transaction Voucher
You may only use our Program in good faith for lawful purposes. You may not:
We further emphasize that along with adhering to the list of prohibited actions for our users, it is also your responsibility not to allow these actions to be done by others.
You represent and warrant to us that you have obtained the express consent from the individuals whose data you provide us with.
Transfez accepts no liability for any use of the Program which does not comply with this Agreement.
If you need any support, you can contact us here.
This Referral Program T&C V1.4 is effective since 22 March 2022.
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Prudential Centre Lt 22
Jl Casablanca Raya Kav 88
Licensed & under the
Bank Indonesia & PPATK
Member of the
ASPI & APPUI
Transfez is a financial technology product from PT Indo Koala Remittance, a licensed remittance company in Indonesia. We are under the supervision of Bank Indonesia and PPATK under the Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) regulation: 19/10/PBI/2017 and regulated by Bank of Indonesia as a remittance company with license number: 13/77/DASP/30.