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​​​​​​​​​​​​​​​​​Communication Departmen​​​​​​​​t​​​​​​​

8/5/2025 2:00 PM
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Central Banks of Malaysia, Indonesia and Thailand Appoint Additional Qualified Banks to Participate in the Local Currency Transaction Framework

Siaran Pers
Press Releases

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No. 27/172/DKom

JOINT PRESS RELEASE

Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) are pleased to announce the appointment of additional qualified commercial banks to operationalise the Local Currency Transaction Framework (LCTF). These qualified banks, known as Appointed Cross-Currency Dealers (ACCDs), will facilitate cross-border settlement of trade and investment between the respective countries. This initiative follows several enhancements to the LCTF announced on 17 February 2025.

The expanded ACCD network will strengthen customer outreach, enhance market access to local currency liquidity, provide businesses with enhanced options for cross-border transactions between Malaysia, Indonesia and Thailand.

BNM, BI, and BOT continue to support trade and investment growth through closer financial collaboration under the LCTF.

The newly appointed banks are listed below:

 

 MYR-IDR LCTF​​

 Malaysian Banks

    1. AmBank (M) Berhad
    2. Bank of China (Malaysia) Berhad
    3. OCBC Bank Malaysia Berhad
    4. Standard Chartered Bank Malaysia Berhad
    5. Sumitomo Mitsui Banking Corporation Malaysia Berhad

 Indonesian Banks

    1. PT Bank Danamon Indonesia Tbk
    2. PT Bank OCBC NISP Tbk
    3. PT Bank Pembangunan Daerah Jawa Timur Tbk
    4. Bank of China (Hong Kong) Limited Jakarta Branch

       

 

 MYR-THB LCTF​​

Malaysian Banks

    1. AmBank (M) Berhad
    2. Bank of China (Malaysia) Berhad
    3. Hong Leong Bank Berhad
    4. OCBC Bank Malaysia Berhad
    5. Sumitomo Mitsui Banking Corporation Malaysia Berhad

 

Thai Bank

    1. Bank of China (Thai)
      Public Company Limited

       

    

 IDR-THB LCTF​​

 Indonesian Banks

    1. PT Bank OCBC NISP Tbk
    2. Bank of China (Hong Kong) Limited Jakarta Branch

 Thai Banks

    1. Bank of China (Thai) Public Company Limited

       

 

For a complete list of ACCDs, please visit: https://www.bi.go.id/id/layanan/informasi-perizinan/pasar-keuangan/default.aspx

Jakarta 5th August 2025

For media enquiries, please contact :
Bank Negara Malaysia

Strategic Communications Department
E-mail : communications@bnm.gov.my


Bank Indonesia
Communication Department
Ramdan Denny Prakoso
Executive Director
Tel : +62 (21) 131
E-mail : bicara@bi.go.id​

Bank of Thailand 
International Department
Tel : +66 2283 6288
Email : IND-InterStrategy@bot.or.th

Lampiran
Kontak

Contact Center BICARA : (62 21) 131

E-mail : bicara@bi.go.id
​​​​​​​​​Working hours: Monday to Friday, 08.00-16.00 West Indonesia Time
Halaman ini terakhir diperbarui 8/5/2025 2:11 PM
 
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