Business · Companies · 3 days ago
Bank Mandiri Adds Gold Services to Livin' App
Bank Mandiri has added a set of gold services to its Livin' banking app in Indonesia.
Customers can open gold savings accounts, buy and sell gold, pay for purchases in instalments and arrange physical collection through the app.
The bank says transactions are available in real time, and customers can collect bars at branches or through its Gold ATM machines.
The launch follows the bank receiving a bullion licence from Indonesia's Financial Services Authority, making it the country's first conventional bank with one.
Customers can start a gold account with a deposit of 0.02 grams, or about 50,000 rupiah, and later purchases can start at 0.005 grams, or about 10,000 rupiah.
The move comes as demand for gold bars and coins in Indonesia rose 40% year on year to 15 tonnes in the second quarter of 2026, according to the World Gold Council figures cited in the reports.
Bank Mandiri says it is preparing further features, including loans backed by gold, automatic regular gold purchases and transfers between customers.
Bank Mandiri has added integrated gold services to its Livin' by Mandiri app.
Users can open gold savings accounts, buy and sell gold, pay for gold in installments, store it and request physical gold around the clock.
The services include gold savings, installment financing and physical collection through gold ATMs or bank branches.
Bank Mandiri says it is the first conventional bank in Indonesia to receive a bullion license from the Financial Services Authority.
The app had 42.1 million registered users as of August 2026.
- Who
- Bank Mandiri and users of its Livin' by Mandiri app.
- What
- The bank added integrated gold services, including savings, buying and selling, installment payments, storage and physical collection.
- When
- Announced on October 9, 2026, during the bank’s 28th anniversary.
- Where
- In Indonesia, through the Livin' by Mandiri app and, for physical gold collection, gold ATMs and bank branches.
- Why
- The bank says the services are intended to make gold ownership easier and more flexible and to support the development of Indonesia’s bullion ecosystem.
This story does not have two clearly opposing sides.
Livin' by Mandiri had 42.1 million registered users.
Bank Mandiri announced integrated gold services in Livin' by Mandiri during its 28th anniversary.
- Initial deposit
- 0.02 grams, or about Rp50,000
- Further purchases
- From 0.005 grams, or about Rp10,000
- Gold account brands
- ANTAM Logam Mulia and HRTA GOLD Emasku
- Registered Livin' users
- 42.1 million as of August 2026
- Gold demand in Indonesia
- Bullion and coin demand rose 40% year on year to 15 tonnes in Q2 2026
What people are saying
Gold has proven to remain an investment instrument of interest amid global economic dynamics. Through gold services in Livin' by Mandiri, we are not merely providing a digital gold buying and selling showcase. We are offering an end-to-end financial solution that gives customers full control to plan, manage and liquidate gold according to the cycles of their lives, all from one hand.
Sources
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