Selasa, Februari 15, 2022

KSEI Introduces Transaction Fees for Cash Withdrawal Instructions Through the BI-Fast Payment System

In order to further optimize services provided to account holders and users of the Integrated Investment Management System (Sistem Pengelolaan Investasi Terpadu – "S-INVEST"), the Board of Directors of PT Kustodian Sentral Efek Indonesia ("KSEI") recently issued Decree No. KEP-0003/DIR/KSEI/0122 on the Imposition of Cash Withdrawal Fees Through the BI-Fast Payment System under KSEI ("Decree 3/2022").
Cash withdrawal instructions from securities sub-accounts and/or investment product fund accounts may be processed through the BI-Fast Payment ("BI-FAST") and Bank Indonesia-Real Time Gross Settlement systems. The fee that has been imposed by Bank Indonesia upon KSEI has been set at Rp. 19.00/transaction.
The imposition of fees upon account holders and users of S-INVEST for each cash withdrawal instruction that is undertaken through the BI-FAST under KSEI will come into effect after the issuance of a KSEI Regulation on the imposition of cash withdrawal instruction fees through BI-FAST under the KSEI system.
Decree 3/2022 has been in force since 31 January 2022.

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In order to further optimize services provided to account holders and users of the Integrated Investment Management System (Sistem Pengelolaan Investasi Terpadu – "S-INVEST"), the Board of Directors of PT Kustodian Sentral Efek Indonesia ("KSEI") recently issued Decree No. KEP-0003/DIR/KSEI/0122 on the Imposition of Cash Withdrawal Fees Through the BI-Fast Payment System under KSEI ("Decree 3/2022").
Cash withdrawal instructions from securities sub-accounts and/or investment product fund accounts may be processed through the BI-Fast Payment ("BI-FAST") and Bank Indonesia-Real Time Gross Settlement systems. The fee that has been imposed by Bank Indonesia upon KSEI has been set at Rp. 19.00/transaction.
The imposition of fees upon account holders and users of S-INVEST for each cash withdrawal instruction that is undertaken through the BI-FAST under KSEI will come into effect after the issuance of a KSEI Regulation on the imposition of cash withdrawal instruction fees through BI-FAST under the KSEI system.
Decree 3/2022 has been in force since 31 January 2022.

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