The Obligation of Using IDR in Republic of Indonesia's Territory

Dear valued customer,

In relation to the introduction of Bank Indonesia Regulation No.17/3/PBI/2015 dated 31 March 2015 concerning The Obligation of Using IDR in Republic of Indonesia’s Territory and Bank Indonesia Circular Letter No.17/11/DKSP dated 1 June 2015 regarding The Obligation of Using IDR in Republic of Indonesia’s Territory, therefore:

1. Each party, either an individual or corporation, must use Rupiah for all cash or non cash transactions conducted in Republic of Indonesia’s Territory (NKRI)

2. The obligation to use Rupiah in non-cash transactions will be effective from 1 July 2015, while for others are effective from 31 March 2015.

3. Any violation of the above laws and regulations may be subject to criminal sanction or fines in accordance with applicable regulations.

For further and complete information, please refer to above laws and regulations and access:

http://www.bi.go.id/id/peraturan/sistem-pembayaran/Pages/pbi_170315.aspx

http://www.bi.go.id/id/peraturan/sistem-pembayaran/Pages/se_171115.aspx

Specifically Bank Indonesia has opened call center services to deal with the matter that can be contacted through Bank Indonesia call center telephone number 131 from:

Monday to Friday, 8.00 am to 4.00 pm (office hour).

For public/business actors who want to come and ask directly about this regulation, Bank Indonesia Head Office also provides collective consultation sessions every Tuesday and Thursday, at 09.00 am and 3.30 pm. For registration and further information, the public can call 131, Bank Indonesia call center.

Sources:

http://www.bi.go.id/id/ruang-media/info-terbaru/Pages/Petunjuk-Teknis-Kewajiban-Penggunaan-Rupiah.aspx

Thank you for your kind attention.

Best regards,

Bank of China Limited Jakarta Branch