SISTEM PEMBAYARAN: Perbedaan BI-RTGS, BI-SSSS, SKNBI dan BI-Fast

Summary

This video, hosted by Heran Firmansyah, delves into Indonesia's payment systems, discussing key infrastructure like BI RTGS, BI S4, SKNBI, and BIP. The video explores how payments are classified into high-value and retail transactions, emphasizing how Bank Indonesia facilitates both with various systems. Key points include the real-time processing capabilities of RTGS and BIP, transaction limits, and how different payment platforms like mobile banking and internet banking support these systems. Additionally, the video contrasts the features, availability, and transaction types of BI payment systems, providing insights into the growing evolution of digital payments in Indonesia.

Takeaways

• 😀 Payment systems in Indonesia are categorized into high-value and retail value systems, each serving different transaction needs.
• 😀 RTGS (Real-Time Gross Settlement) is designed for large-value transactions, processed in real-time between participating banks.
• 😀 The minimum transfer amount using RTGS is 100 million Rupiah, and it is available for all commercial banks in Indonesia.
• 😀 S4 (Scriptless Securities) is an electronic system for managing securities transactions, including bond and government securities trading.
• 😀 SKNBI (Sistem Kliring Nasional Bank Indonesia) is a system for exchanging financial documents electronically, with settlements occurring at designated times.
• 😀 The maximum transaction amount allowed through SKNBI is 1 billion Rupiah, and it provides a faster and more secure service compared to traditional methods.
• 😀 BIP (Bank Indonesia Payment System) supports retail transactions and is available 24/7, offering greater flexibility compared to other systems with office-hour restrictions.
• 😀 BIP can handle transactions up to 250 million Rupiah and can be accessed via mobile banking, internet banking, and ATM services.
• 😀 Key differences between the systems include transaction size limits, availability, and the payment instruments supported by each system.
• 😀 BIP provides a cost-effective, efficient, and accessible solution for everyday retail transactions, facilitating transfers anytime with lower fees compared to other systems.

Q & A

What is the main topic of the video?

The main topic of the video is the explanation of various payment systems in Indonesia, including RTGS, BiS4, SKNBI, and BIP, and how they are used in electronic fund transfers and other financial transactions.

What is RTGS, and who are its participants?

RTGS (Real Time Gross Settlement) is a payment system that allows real-time electronic transfer of large-value funds in Indonesian Rupiah. The participants in RTGS include Bank Indonesia as the system operator and all commercial banks in Indonesia, as well as certain non-bank institutions approved by Bank Indonesia.

What is the minimum transfer amount for RTGS?

The minimum transfer amount for RTGS is 100 million Rupiah.

How does BiS4 (Bank Indonesia Scriptless Securities) function?

BiS4 is a system used by Bank Indonesia for the electronic settlement of securities transactions. It is used for the administration and settlement of securities, including transactions related to open market operations, government bond trading, and monetary policy instruments.

Who are the main participants in the BiS4 system?

The main participants in the BiS4 system include Bank Indonesia, the Ministry of Finance, commercial banks, securities depositories, and other approved institutions such as money market firms and securities companies.

What is SKNBI and how does it work?

SKNBI (National Clearing System of Bank Indonesia) is an electronic financial transaction clearing system that processes data or payment instruments between participants. Unlike RTGS, SKNBI transactions are settled at a specific time, not in real-time.

What is the maximum amount for transactions processed through SKNBI?

The maximum amount for transactions processed through SKNBI is 1 billion Rupiah.

What are the advantages of using SKNBI?

Using SKNBI provides benefits such as fast service, secure transactions, and lower transaction fees compared to other payment systems. It also offers an alternative for cost-effective fund transfers.

What is BIP (Bank Indonesia Fast Payment), and when was it launched?

BIP is a national retail payment system developed by Bank Indonesia to allow real-time, 24/7 payment services. It was launched in 2021 and provides a more efficient, fast, and affordable alternative for retail transactions.

How does BIP differ from SKNBI in terms of transaction capabilities?

BIP is designed for retail transactions with a maximum transaction amount of 250 million Rupiah, operates 24/7, and supports mobile and internet banking. In contrast, SKNBI processes larger transactions (up to 1 billion Rupiah) and operates only during specific working hours.