To Monitor Banking Data Easily, The LPS Uses SCV Application

Illustration. (Photo: Doc. Antara)

JAKARTA - The Deposit Insurance Corporation (LPS) is aggressively encouraging banks to report Single Customer View (SCV) data online through the SCV application.

The Single Customer View (SCV) data reporting is contained in the Deposit Insurance Corporation Regulation (PLPS) and LPS Circular Letter Number SE-2/DKEU/2020, including the format for preparing SCV data reports and the procedure for submitting them through the e-Report system.

The Executive Director of Claims and Resolution of LPS Bank, Suwandi revealed that this aims in addition to refreshing the Bank's understanding of the provisions and regulations related to SCV Data Reporting, it also provides a detailed explanation regarding the use of the SCV Application, so that the submission of SCV Data reports can be carried out completely, accurate, current, complete and timely.

"It can also be conveyed that as of March 14, 2022, there are 57 banks that have downloaded and installed the SCV application. Furthermore, we hope that banks that have not downloaded and installed the SCV application can immediately download and install the application," he said in a statement. quoted on Monday, March 21.

He also hoped that the socialization which was carried out for two days, Banks who were present through their representatives could gain a more complete understanding related to the procedures for preparing SCV Data reports and submitting SCV Data reports through the SCV Application.

For information, in order to assist the Bank in compiling, sending, and maintaining SCV Data, IDIC has developed an application called SCV Application. The application was launched on December 21, 2021, by the Chief Executive of IDIC and attended by all Directors of Commercial Banks.

Furthermore, through Circular Letter Number: SE-1/DKRB/2022 concerning Use of SCV Applications in Submission of Commercial Bank Customer-Based Deposit Guarantee Data Reports that have been submitted to Commercial Banks, IDIC has submitted matters including, First, SCV Application is used to processing reports of SCV Data Per Customer and SCV Concise Data Per Bank which are ready to be sent via the e-Report server.

Second, the trial period for the SCV Application runs from January 2022 to December 2022.

Third, during the trial period of the SCV Application, Banks can submit reports on SCV Data Per Customer and SCV Concise Data Per Bank through the SCV Application and/or e-Report portal. And Fourth, starting from January 2023, the processing of SCV Data Per Customer and SCV Concise Data Per Bank must be done through the SCV Application.