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ARTICLE · 01 MARCH 2022

Indonesia Legal Alert

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Bank Indonesia ("BI") Members of the Board of Governors Regulation No. 23/29/PADG/2021 regarding the Fourth Amendment of BI Members of the Board of Governors Regulation No. 20/15/PADG/2018...

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BANK INDONESIA

Updated guidelines on the implementation of the BI-RTGS System

Bank Indonesia ("BI") Members of the Board of Governors Regulation No. 23/29/PADG/2021 regarding the Fourth Amendment of BI Members of the Board of Governors Regulation No. 20/15/PADG/2018 regarding the Implementation of Instant Fund Settlement Through the Bank Indonesia-Real Time Gross Settlement ("BI-RTGS") System

Enacted and came into force on December 31, 2021

This Regulation amends the guidelines for the implementation of the BI-RTGS System, specifically, letters d and f of Article 62 and the Appendixes of BI Members of the Board of Governors Regulation No. 20/15/PADG/2018. It also adds Article 141A.

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