BI-SSSS - Bank Sentral Republik Indonesia
Sign In
March 29, 2017
             

 

Bank Indonesia
Scripless Securities Settlement System

Bank Indonesia-Scripless Securities Settlement System (BI-SSSS) is a means of transactions with Bank Indonesia including it’s administration and Securities administration electronically and connected directly between participants, organizers and the System of Bank Indonesia - Real Time Gross Settlement (BI-RTGS system).


Related Links

BI-SSSS integrates Bank Indonesia transaction system and Securities administration system. Bank Indonesia transaction activities, including (i) the implementation of Open Market Operations (OMO), (ii) provision of funding facilities by Bank Indonesia to the Bank, and (iii) implementation of the Government Securities transactions (SBN) for and on behalf of the Government. While the Securities administration activities include (i) settlement, (ii) registration of ownership, and (iii) the coupon payment / Securities redemption. Activities and administration of transactions conducted in an integrated system and is connected directly (on-line) between Bank Indonesia and the market participants. In addition, the BI-SSSS includes information systems among the participants and host of BI-SSSS, securities settlement systems and securities administration system.

According to it’s function, the BI-SSSS participants consist of: (i) publishers namely Bank Indonesia and the Ministry of Finance, (ii) participants are Bank Indonesia, Bank, Money Market Brokerage Company and Securities Company, and other institutions approved by Bank Indonesia such as Indonesian Deposit Insurance Corporation (LPS), and (iii) the participants as the owner of the securities account such as Bank Indonesia, banks and the Sub-Registry.
 
Securities Settlement through BI-SSSS conducted seamlessly with participants’ funds settlement system through the BI-RTGS system enables participants to take advantage of the BI-SSSS settlement facility in Delivery Versus Payment (DVP) that can be performed rapidly and instantaneously thus minimizing Securities settlement risk.

BI-SSSS enhancement subject to international standards of Recommendations for securities settlement systems of the Committee of Payment and Settlement Systems (CPSS) and the International Organization of Securities Commissions (IOSCO ). BI-SSSS always make adjustments and enhancement of their applications to accommodate the needs of the domestic financial market development.

members_BI_ssss.pdfMembers BI SSSS

 

For furher information, please contact :

Direktorat Jenderal Pengelolaan  Utang
Gedung A.A Maramis II Lantai III
Jl. Lapangan Banteng Timur No. 2-4
Jakarta 10710 Indonesia
Phone. (62-21) 381-0175 (Hunting), (62-21) 350-0841
Fax. (62-21) 384-6635
Email. webmaster@dmo.or.id
Website : www.dmo.or.id

Badan Pengawasan Pasar Modal dan Lembaga  Keuangan
Website: www.bapepam.go.id/pasar_modal /regulasi

Sekretariat Negara Republik Indonesia
Jl. Veteran No 17 - 18
Jakarta 10110
Phone: (021)3845627, 3442327
Website : www.setneg.go.id

Bureau of Development and Regulation of Monetary  Directorate of Monetary Management
Phone:  62-21-381 8814 & 62-21-2310108 ext 4615
Fax : 62-21-3801766
E-mail:  dudimd@bi.go.id & hbastiawan@bi.go.id

Gerai Info
Menara Syarifudin Prawira Negara First Floor
Jln M.H.Thamrin No.2
Jakarta 10350
Open:
Monday to Friday
07.30 - 15.30  (closed on national holidays)
Free of charge

 

Show Left Panel