Counterparty - Bank Sentral Republik Indonesia
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March 25, 2017
​​​CRITERIA FOR COUNTERPARTIES OF BANK INDONESIA MONE​TARY OPERATIONS

The criteria for bank that is deemed eligible to become Bank Indonesia counterparty in monetary operation, both in the rupiah and foreign exchange market, are the following:

  1. The bank is a direct member of Bank Indonesia Real Time Gross Settlement System (BI-RTGS) and Bank Indonesia Scriptless Securities Settlement System (BI-SSSS);
  2. The bank is a subject of the minimum reserve requirement regulation;
  3. The bank holds a license to operate as a foreign exchange bank in do​mestic market (aplicable only for transactions in domestic foreign exchange market).


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