To support measures to mitigate the spread of COVID-19 taken by the Government, Bank Indonesia and the relevant authority and industries are committed to maintaining smooth payment system and financial transaction services to support different economic activities.
Observing humanitarian and public health aspects in mitigation of COVID-19 spread and considering coordination result between OJK, banking industry, and payment system service providers, Bank Indonesia has determined adjustment to the schedule of operational activities and public services from 30 March until 29 May 2020 (emergency status period determined by the Government) as follows:
- Operational activities of Bank Indonesia Real Time Gross Settlement (BI-RTGS), Bank Indonesia Scripless Securities Settlement System (BI-SSSS), and Bank Indonesia Electronic Trading Platform (BI-ETP) become as follows:
- Operational Activities of Bank Indonesia National Clearing System (SKNBI)
Change of SKNBI operational hours is as follows:
- Cash Operational Service
Change of Cash Service operational hours is as follows:
Rupiah and Foreign Currency Monetary Operation Transactions
Transactions in Open Market Operations of Rupiah and Foreign Currency Monetary Operation from 08:00 until 16:00 West Indonesia Time are adjusted to 09:00 from 15:00 West Indonesia Time. Meanwhile, Standing Facilities (SF) transactions from 16:00 to 18:00 West Indonesia Time are adjusted to 15:00 from 16:00 West Indonesia Time. The complete information is as follows:
- Rupiah Monetary Operation Transactions
- Foreign Currency Monetary Operation Transactions
Implementation of banking operational activities will be at the discretion and authority of each bank.
BI will consistently coordinate and synergize with the Government and the relevant authority in taking collective measures for monitoring, assessment, prevention, and mitigation of COVID-19 spread implications.
Jakarta, 24th March 2020
COMMUNICATION DEPARTMENT
Onny Widjanarko
Executive Director
