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Registering a Company Account at IBID: Here’s How

What is a Company Account at IBID?

Apart from serving individual participants, IBID - Balai Lelang Serasi also provides auction opportunities for businesses, including both automotive and non-automotive units. For your company to participate in the auction process legally and safely, it’s essential to have a verified company account on the IBID platform.

Companies seeking to benefit from such opportunities must not miss the first step, which is to register a company account at IBID. Effortless registration is intended with easy access through the IBID website or the IBID app, available for free on the Google Play Store and App Store.

A companyaccount at IBIDis an officialprofile thatenables business entities, such asLLCs,CVs, or other enterprises, to participate inauctions held by IBID.

Compared to a personal account, a company account has a set of regulations and access rights suited to corporate needs.

See also: NPL Live and Timed at IBID Auction: How They Differ

Benefits of Registering Company Account

  1. Specific Auction Access: Companies often require large numbers of units or specific items (such as operational vehicles, second-hand heavy machinery, or industrial assets) that may be easier to access through auctions.

  2. Legal Obligation and Transparency: All transactions are recorded on behalf of the company to ensure compliance with tax regulations and internal audit.

  3. Efficient Procurement and Asset Disposal: This enables companies to acquire competitively priced assets or sell unused assets efficiently.

  4. Integrated Features and Services: The company account has access to features designed to support business needs, such as detailed inspection reports and market price estimations.

Registration Regulations of Company Accounts at IBID

Businesses need to prepare all required items—documents and other essentials—before registering a company account at IBID. The requirements include the following.

  1. Active Email Address: For account verification and important communication

  2. Active Phone Number: For OTP verification and communication via SMS/WhatsApp

  3. Company Representative ID Card: An ID of the company’s official representation to do transactions at IBID.

  4. Company NPWP (Taxpayer Identification Number): For tax identification and legal transaction needs

  5. Company Deed of Establishment: A legal document outlining the company’s establishment and legal status

  6. NIB (Business Identification Number): A business entity’s identity that is issued through the Online Single Submission (OSS) system as proof of the company’s business license.

  7. NITKU (Business Activity Location Identification Number): For certain types of businesses that are regulated in financial transactions.

  8. Company Current Account: Used for name and account number verification.

  9. Company Bank Account Number: Used for returning the Auction Participant Number (NPL) deposit if you fail to win the auction.

See also: Buying a Used Company Car? Here’s What to Know

How to Register Company Accounts through IBID App

After all documents are ready, follow these easy steps below to register a company account at the IBID app:

  1. Open the IBID App: Download the app from the Google Play Store and App Store, then open it.

  2. Choose Daftar Sekarang (Register Now): You can find it on the application’s home screen to begin creating a new account.

  3. Fill in the Initial Information: Enter the company’s name, an active email address to be used, and then create a password. You can also register quickly through a Gmail or Facebook account as an alternative. But it’s recommended to use a company’s email for easier management.

  4. Email Verification (Manual Registration): If you register manually, a One-Time Password (OTP) code will be sent to the email address you provided. Enter the OTP code to proceed.

  5. Return to Your Company Account: After a successful email verification, return to your IBID account using the registered email address and password.

  6. Complete Company Profile: After successfully logging in, click the Akun (Account) icon or your profile menu, then select Pengaturan Profil (Profile Settings) to begin filling in your company’s details.

  7. Select Perusahaan (Company) Account Type: On the Detail Informasi Profil (Profile Information Detail), be sure to choose the Perusahaan (Company) option as your account’s type.

  8. Upload Approval Document: Upload a soft copy of the Service User Agreement and the Power of Attorney that your company’s authorized representative signs. These documents serve as formal authorization for the use of IBID’s services.

  9. Fill in Detailed Company Information: Enter precise and thorough information, including the company name, the company’s full address, company NPWP, NIB, name and ID number of the company representative, as well as the NITKU.

  10. Upload Supporting Documents: Upload a photo or scanned copy of the company’s NPWP, the company’s deed of establishment, and the front page of the company’s bank statement as per the required file format (usually JPG, PNG, or PDF).

  11. Finalize Company Bank Data: Enter the company’s bank account details (bank name, account number, and account holder’s name), which will be used for returning the Auction Participant Number (NPL) deposit if you fail to win the auction.

  12. Final Verification: Enter the OTP code sent via SMS or WhatsApp to the registered active phone number, then select Lanjutkan (Continue) to complete the registration process.

  13. IBID CS Confirmation: The IBID Customer Service (CS) team will contact you via WhatsApp or IBID Live Chat to verify your data and documents.

  14. Successful Registration: After successful verification, the company account will be activated and ready for use in both automotive and non-automotive auctions at IBID.

See also: What You Need to Know About IBID’s New App

You now have a clear picture of the company account at IBID auctions. Register your company account at IBID today to manage the sale and purchase of your company’s automotive and non-automotive assets efficiently and transparently!

IBID is a subsidiary of PT Serasi Autoraya (SERA), dealing in auctions of vehicles, heavy machinery, gadgets, and lifestyle products. IBID is not only professional and reliable but also offers an easy consignment process.

Stay updated for the latest promos, news, along with information about car, motorcycle, lifestyle items, heavy machinery, and scrap auctions at ibid.astra.co.id or on Instagram @ibid_balailelangserasi.

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