No. 23/154/DKom
In response to tighter public activity restrictions (PPKM) introduced by the Government to break the domestic chain of Covid-19 transmission, Bank Indonesia has adjusted its operational activities and public services as follows:
A. Cash Services
|
No. |
Operational Hours |
Normal |
Changed To |
Effective From |
| 1 | Cash Deposits and Withdrawals by Banks | 08:00-11:30 WIB | 08:00-11:00 WIB |
29th June 2021 |
| 2 | Exchange of Damaged Banknotes | Thursday |
Service Suspended |
| 3 | Currency Authentication Services | Tuesday and Thursday |
B. Operational Activities of the Bank Indonesia – Real Time Gross Settlement (BI-RTGS) system, Bank Indonesia – Scripless Securities Settlement System (BI-SSSS) and Bank Indonesia-Electronic Trading Platform (BI-ETP)
|
No. |
Operational Hours |
Normal |
Changed To |
Effective From |
| 1 | Cash Withdrawals | 06:30-11:00 WIB | 06:30-11:00 WIB |
2nd July 2021 |
| 2 | Customer and Government Transactions | 06:30-16:30 WIB | 06:30-15:00 WIB |
| 3 | Settlement of Securities Transactions | 06:30-17:00 WIB | 06:30-15:30 WIB |
| 4 | Settlement of Capital Market Transactions – Customers | 06:30-16:30 WIB | 06:30-15:30 WIB |
| 5 | Settlement of Capital Market Transactions – Participants | 06:30-17:00 WIB | 06:30-15:30 WIB |
| 6 | Cut-Off Warning for BI-RTGS, BI-SSSS and BI-ETP | 17:00 WIB | 15:30 WIB |
| 7 | Pre-Cut-Off for BI-RTGS and BI-SSSS | 18:00 WIB | 16:30 WIB |
| 8 | Cut-Off for BI-RTGS | 18:30 WIB | 17:00 WIB |
| 9 | Cut-Off for BI-SSSS | 18:30 WIB | 17:00 WIB |
| 10 | Cut-Off for BI-ETP | 18:00 WIB | 16:30 WIB |
C. Operational Activities of Bank Indonesia National Clearing System (SKNBI)
Fund Transfer Services
|
No. |
Operational Hours |
Normal |
Changed To |
Effective From |
| 1 | Settlement Cycle for Individual Fund Transfers and Regular Payments
Period 1
Period 2
Period 3
Period 4
Period 5
Period 6
Period 7
Period 8
Period 9
Cut-Off Window Time for sending transaction data by participants | 9 Times
08:00 WIB
09:00 WIB
10:00 WIB
11:00 WIB
12:00 WIB
13:00 WIB
14:00 WIB
15:00 WIB
16:45 WIB
16:30 WIB | 8 Times
08:00 WIB
09:00 WIB
10:00 WIB
11:00 WIB
12:00 WIB
13:00 WIB
14:00 WIB
15:15 WIB
Suspended
15:00 WIB |
2nd July 2021 |
| 2 | Paper-based Clearing Services: Zone 1
Zone 2
Zone 3
Zone 4 | 13:30 WIB
14:30 WIB
15:30 WIB
12:00 WIB | 12:30 WIB
13:30 WIB
14:30 WIB
12:00 WIB |
| 3 | Credit Prefund Repayment Settlement | 17:00 WIB | 15:30 WIB |
| 4 | Regular Invoicing Service Settlement | 16:00 WIB | 14:30 WIB |
| 5 | Debit Prefund Repayment Settlement | 16:30 WIB | 15:00 WIB |
D. Rupiah and Foreign Currency Monetary Operation Transactions
i. Rupiah Monetary Operation Transactions
|
No. |
Instrument |
Normal |
Changed To |
Remarks |
Effective From |
| 1 | Conventional Repo | 10:00-10:30 WIB | 10:00-10:30 WIB |
Consistent with Regular OMO Schedule |
2nd July 2021 |
| 2 | Sharia Repo | 10:00-10:30 WIB | 10:00-10:30 WIB |
| 3 | Reverse Repo of Sovereign Securities (RR SBN) | 13:00-13:30 WIB | 13:00-13:30 WIB |
| 4 | Sharia Bank Indonesia Certificates | 13:00-13:30 WIB | 13:00-13:30 WIB |
| 5 | Bank Indonesia Sukuk | 14:30-15:00 WIB | 14:30-15:00 WIB |
| 6 | Fine Tune (Term Deposits and Repo) | 09:00-15:00 WIB | 09:00-15:00 WIB | Possible Daily |
| 7 | Outright Sale/Purchase of Sovereign Securities | 09:00-15:00 WIB | 09:00-15:00 WIB | Possible Daily |
| 8 | Deposit Facility (DF)/Bank Indonesia Sharia Deposit Facility (FASBIS) | 15:00-17:30 WIB | 15:00-16:00 WIB | Daily |
| 9 | Lending Facility (LF)/Financing Facility (FF) | 15:00-17:30 WIB | 15:00-16:00 WIB | Daily |
| 10 | Early Redemption Term Deposits | 14:00-15:00 WIB | 14:00-15:00 WIB | Daily |
ii. Foreign Currency Monetary Operation Transactions
|
No. |
Instrument |
Normal |
Changed To |
Remarks |
Effective From |
| 1 | Rollover of Domestic Non-Deliverable Forwards | 09:40-09:45 WIB | 09:40-09:45 WIB |
Consistent with Foreign Currency OMO Auction Schedule |
2nd July 2021 |
| 2 | Noon Auction of Domestic Non-Deliverable Forwards | 14:25-14:30 WIB | 14:25-14:30 WIB |
| 3 | Conventional Non-Overnight (O/N) Term Deposits | 10:00-11:00 WIB | 10:00-11:00 WIB |
| 4 | Sharia Foreign Currency Term Deposits | 10:00-11:00 WIB | 10:00-11:00 WIB |
| 5 | Overnight Foreign Currency Term Deposits | 14:00-15:00 WIB | 14:00-15:00 WIB |
| 6 | Foreign Exchange (FX) Swaps | 10:00-11:00 WIB | 10:00-11:00 WIB |
| 7 | Hedging Swaps | 14:00-15:00 WIB | 14:00-15:00 WIB |
| 8 | Bank Indonesia Foreign Exchange Bills (BI FX Bills) | 10:00-11:00 WIB | 10:00-11:00 WIB |
E. Reference Rate and Interest Rate Publication Schedule
Publication of the Jakarta Interbank Spot Dollar Rate (JISDOR), Jakarta Interbank Offered Rate (JIBOR) and Indonesia Overnight Index Average (IndONIA) shall remain unchanged.
F. Reporting Schedule to Bank Indonesia
1. The following adjustments have been made to the implementation stages of the Integrated Commercial Bank Report (LBUT):
- The parallel run of LBUT and existing report submission has been extended until the end of December 2021, with full LBUT implementation commencing in January 2022.
- Written notifications to banks for late or failed report submission during the parallel run has been extended until the end of December 2021.
2. Concerning all other reports, the submission schedule remains in line with the existing Covid-19 reporting schedule currently applicable.
Bank Indonesia expects the financial industry, including Payment Service Providers (PJP) and Payment System Infrastructure Operators (PIP), to immediately prepare systems and operational activities as required. Seeking to maintain the continuity of task implementation and public services that prioritise public health and safety, Bank Indonesia continues to coordinate in synergy with the Government and other relevant authorities to take the necessary collective measures in terms of monitoring, assessing, preventing and mitigating Covid-19 transmission.
Bank Indonesia urges the public to follow stringent health protocols based on the 6M principles of mask wearing, hand washing, social distancing, avoiding crowded places, restricting mobility and using cashless payments/Quick Response Code Indonesian Standard (QRIS).
Jakarta, 28th June 2021
Head of Communication Department
Erwin Haryono
Executive Director
Information about Bank Indonesia
Tel. 021-131, Email:
bicara@bi.go.id
