Bilyet giro dan cek.. apa sih beda dan samanya???

Summary

This video explains the differences and similarities between checks (cek) and bilyet giro (giro checks), both non-cash payment tools commonly used in banking. Both serve as legal payment instruments that instruct banks to transfer funds, but with distinct features. A check allows direct cash withdrawal, while a bilyet giro is limited to book transfers without immediate cash access. Additionally, checks are governed by the Commercial Code, while bilyet giro is regulated by Bank Indonesia. The video also covers their validity periods, transferability, and usage in banking transactions, especially for large sums.

Takeaways

• 😀 A check is a written, unconditional order from the customer to the bank to withdraw a specific amount of money for the customer or another named individual.
• 😀 A bilyet giro (or giro slip) is a written order from a customer to the bank to transfer funds from the customer's checking account to another account holder.
• 😀 Both checks and bilyet giro are valid, non-cash payment methods with legal authority, serving as orders for banks to move funds.
• 😀 These banking tools are often used for large transactions and those that cannot be performed digitally through mobile banking or internet banking.
• 😀 A major difference: A check allows the funds to be withdrawn as cash at a designated bank, whereas a bilyet giro only facilitates a book transfer without a cash payout.
• 😀 The legal framework for checks is governed by the Commercial Code (KUHD), while bilyet giro is regulated by Bank Indonesia's rules (PHBI).
• 😀 The validity period for a check is 70 days plus an additional 6 months after issuance, while a bilyet giro is only valid for 70 days.
• 😀 Checks can be transferred to another person, meaning someone else can cash it, while bilyet giro cannot be transferred.
• 😀 Both checks and bilyet giro can be used as payment methods in clearinghouses, which assist with settling financial transactions.
• 😀 Despite the rise of digital banking services like mobile and internet banking, traditional banking methods like checks and bilyet giro remain widely used for specific purposes.

Q & A

What is a check in the context of banking?

A check is a written, unconditional order from a customer to the bank to withdraw a certain amount of money, either for themselves or for a third party.

What is a bilyet giro (giro slip)?

A bilyet giro is a written order from a customer to a bank to transfer a specific amount of money from the customer’s giro account to another person's account, without the option to withdraw cash.

What are the similarities between a check and a bilyet giro?

Both are non-cash payment instruments that are legally recognized, serve as orders to the bank to transfer funds, and can be used in clearing institutions for settlement of transactions.

How do checks and bilyet giro differ in terms of withdrawal?

A check allows the funds to be directly withdrawn as cash from the bank, whereas a bilyet giro only facilitates a transfer between accounts and cannot be converted into cash.

What legal framework governs checks and bilyet giro?

Checks are governed by the Commercial Code (KUHD), while bilyet giro is regulated by the Bank of Indonesia (BI) regulations.

How long is the validity period of a check?

A check is valid for 70 days plus an additional 6 months from the date of issuance.

What is the validity period of a bilyet giro?

A bilyet giro is valid for 70 days from the date of issuance.

Can a check be transferred to another person?

Yes, a check can be endorsed and transferred to another person, who can then cash or deposit it.

Can a bilyet giro be transferred to another person?

No, a bilyet giro cannot be transferred to another person. It is only payable to the person whose name is mentioned on it.

Why are checks and bilyet giro still used despite advances in digital banking?

Checks and bilyet giro are still used, especially for large transactions or those that cannot be processed digitally, as they remain reliable methods for transferring funds.