There are four (4) types of interbank fund transfer processes, namely:

 

Bank Indonesia National Clearing System – Credit Clearing (SKNBI – Credit Clearing)

An infrastructure provided by Bank Indonesia, used for transferring a certain amount of funds between banks from one sender to one recipient. SKNBI - Credit Clearing transactions, commonly known as LLG, have a maximum limit of IDR 100,000,000 per transaction.

The service hours for SKNBI - Credit Clearing are 08:00 – 14:00 WIB.

 

Bank Indonesia – Real Time Gross Settlement (BI-RTGS)

An infrastructure provided by Bank Indonesia, used as a means of electronic fund transfer where settlements are made instantly per transaction on an individual basis. BI-RTGS transactions can only be made for amounts ranging from IDR 100,000,001 to IDR 200,000,000.

The service hours for BI-RTGS are 08:00 – 14:00 WIB.

 

ONLINE

An online interbank transfer is a fund transfer service that allows customers to send money from one account to another bank account in real time. Funds sent through online transfers are usually received by the recipient within seconds or minutes. Online transfers can only be made for amounts between IDR 10,000 and IDR 50,000,000.

 

BI-FAST

The BI-FAST service facilitates retail payments that are fast (real-time), secure, efficient, and available 24 hours a day (24/7).

The advantages of BI-FAST include:

• Operates 24 hours a day (24/7)

• Funds are received quickly (real-time) by customers and banks

• Can use a proxy address (such as a mobile phone number or email address) as a substitute for an account number

A maximum fee of IDR 2,500 per transaction applies for BI-FAST services, with a maximum daily transaction limit of IDR 100,000,000 per customer.

 

Additional Information

For more information, please contact MestikaCall 14083 or visit the nearest Bank Mestika branch.