Summary :

1. Reporting Banks, including head offices of Banks legally incorporated under Indonesian laws, foreign bank branch offices, and Sharia Divisions (UUSs), are required to prepare and submit Commercial Bank Daily Report (LHBU) either categorized as transactional or non-transactional data to Bank Indonesia completely, accurately, and correctly.
2. Reporting Banks are required to submit LHBU or LBHU correction by on-line or off-line in a time limit stipulated by Bank Indonesia.
3. Obligation to submit LHBU or LHBU correction shall not be in force for any Reporting Bank experiencing a force majeure.
4. Bank Indonesia shall provide right to access into LHBU system and LHBU outputs and charge fees on Reporting Banks and PIPU Subscribers.
5. Any party intending to become a PIPU Subscriber shall submit a written application to Bank Indonesia and sign an Agreement on the Using of PIPU with Bank Indonesia.
6. Bank Indonesia shall impose sanction in the form of financial penalty on any Reporting Bank which :
   1. does not submit LHBU data,
   2. submits LHBU data incorrectly, or
   3. does not submit LBHU form header.
7. Bank Indonesia may impose administrative sanction on Reporting Banks in the form of a written warning in the framework of bank supervision.
8. Bank Indonesia shall impose sanction on any PIPU Subscriber failing to pay PIPU fee in the form of a written warning, financial penalty, and/or termination as a PIPU Subscriber.