EN
BLOG

NEWSROOM

TPRS Achieves Qualification to Open Offshore Accounts in Indonesia
TPRS Achieves Qualification to Open Offshore Accounts in Indonesia
27.02.2025
ECONOMY
TECHNOLOGY

Batam, INDONESIA –  TPRS, a financial technology service provider, announced today that it has successfully secured the qualification to open offshore accounts within Indonesia. This development allows TPRS customers to directly purchase US stocks using their local Indonesian accounts, significantly streamlining the cross-border financial transaction process. Industry experts indicate this move will provide greater convenience for international investors and establish a solid foundation for TPRS's global business expansion.

TPRS obtained the necessary licenses and account opening qualifications by leveraging the support of local partner banks and regulatory bodies. This allows the company to establish an offshore asset management platform for its customers within Indonesia. Users can enjoy multi-currency settlement services by completing the basic account opening process at a local Indonesian bank. This eliminates the need for currency exchange through third-party channels, reducing additional costs and review processes associated with cross-border fund transfers.

"In the context of increasingly interconnected global markets, providing international and professional trading channels is a crucial part of our company's long-term strategy," TPRS stated. With the launch of the offshore account service, TPRS will offer investors more opportunities to access global markets, including US stocks. The company will also integrate with Indonesia's local legal and compliance framework to protect the security of customer assets.

Industry analysts believe that TPRS's offshore account opening in Indonesia not only adds new momentum to its global layout but also injects new vitality into the Indonesian region's ability to attract international funds. As cross-border financial cooperation deepens, overseas investment through compliant and convenient methods will become the choice of an increasing number of investors. TPRS plans to continue expanding its overseas business scope based on this trend, bringing diversified investment opportunities and value to a broader customer base.
 

Contact: Tülay Genç | [email protected] | +31 30 799 6022

You can use the press releases published by B2Press in your media for free.
Fill the form immediately, get all the news instantly.
PUBLISHER REQUEST FORM
Please enter a valid name.
Please enter a valid e-mail address.
Please approve.
© B2Press B.V.
B2Press
Sending...
B2Press