Bank Indonesia launched the mechanism of settlement (settlement) to transfer the credit to the Bank Indonesia National Clearing System (SKNBI), of which previously only twice a day to four times a day. This is an effort to increase non-cash payment system services to the community through SKNBI.
As quoted in the website of Bank Indonesia, Thursday (04/19/2012), additional time is expected to bridge the needs of the community and participants will be the settlement bank faster.
For banks, the addition of the period of settlement provides benefits in order to manage daily liquidity is more optimal because the bank can utilize this mechanism clearing faster than ever.
As for society, with the addition of these services is expected to further accelerate the receipt of funds by the receiving bank for the transfer recipient must complete the transfer of funds received by the receiving customer's account immediately after the settlement by Bank Indonesia in accordance with predetermined rules.
Additional service, not accompanied by additional clearing fees charged to banks, so banks are not expected to add cost to society for such additional services.
"Clearly, this new clearing mechanism that was popularized by the term or close to real time is expected to further support the economic activities of society with the funds transfer process is faster and cheaper while maintaining existing service levels," according to Bank Indonesia.
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