Second, Bank Indonesia has also extended the validity period of Bank Indonesia National Clearing System (SKNBI) tariff policy of Rp1 from Bank Indonesia to banks and a maximum charge of Rp2,900 from banks to customers from 30 June 2022 to 31 December 2022.
The extension of the policy is intended to increase cost efficiency and economic activity for the public, as well as facilitating financial transactions to support economic recovery. The policy synergy between the central and regional governments, banking, and payment industry associations is also continued to be strengthened to encourage innovation and integration of the digital economy and finance.