Check The Operational Schedule Of Bank Indonesia Services On The 2024 Eid Holiday

Bank Indonesia (Photo: antara)

JAKARTA - Bank Indonesia has set operational activities on Eid al-Fitr 1445 H/2024. This is done in order to maintain the continuity of transactions and the financial system as well as banking services for the community.

This is in line with the Joint Decree (SKB) of 3 Ministers related to National Holidays and Joint Leave in 2024 and in order to provide infrastructure for banking transactions for the community, Bank Indonesia has set operational activities on Eid Al-Fitr 1445 H/2024.

The following is the operational schedule for Bank Indonesia on Eid al-Fitr 1445 H/2024:

A. Bank Indonesia Real Time Gross Settlement (BI-RTGS) system, Bank Indonesia Script Securities Settlement System (BI-SSSS), and Bank Indonesia Electronic Trading Platform (BI-ETP)

Monday to Friday, April 8 to 12, 2024 and Monday, April 15, 2024. All BI-RTGS, BI-SS, and BI-ETP systems are not operating.

B. Bank Indonesia National Clearing System (SKNBI)

Monday to Friday, April 8 to 12, 2024 and Monday, April 15, 2024. All SKNBI implementation services are not operating.

Meanwhile, all debit fees in Zone 4 that have been submitted on April 5, 2024 (D-1) will be completed on April 16, 2024.

C. Bank Indonesia Fast Payment (BI-FAST)

Services remain fully operational.

D. Cash Service

Monday to Friday, 8 to 12 April 2024 and Monday, 15 April 2024. All cash service activities were abolished.

E. Monetary Operations Transactions Rupiah And Valas

1. Operation Monetary Rupiah

Monday to Friday, April 8 to 12, 2024 and Monday, April 15, 2024. All activities of Rupiah's monetary operations were abolished.

2. Valas Monetary Operation

Monday to Friday, 8 to 12 April 2024 and Monday, 15 April 2024.

a) All foreign exchange monetary operations transaction activities were eliminated.

b) The Jakarta Interbank Spot Dollar Rate (JISDOR) exchange rate has not been issued.

c) The Non-USD/IDR Reference Quars is not published.

d) The Bank Indonesia exchange rate uses the last working day of exchange rate reference.

F. Jakarta Interbank Offered Rate (JIBOR) and Indonesia Overnight Index Average (INDONIA)

Monday to Friday, 8 to 12 April 2024 and Monday, 15 April 2024

a) The submission of JIBOR's quota by the contributor bank was abolished.

b) JIBOR, INDONIA, Compounded INDONEIA, and INDONEIA Index did not issue.

Bank Indonesia's operational activities will return to their normal schedule entirely on Tuesday, April 16, 2024. Furthermore, the implementation of banking operational activities is the consideration and authority of each bank.