IDN CB Hari Raya Idulfitri Operations

Published on: Mar 19, 2025

On Mar. 17, IDN CB issued operational schedule for Hari Raya Idulfitri.

  • IDN CB issued operational schedule for Idulfiltri, with service availability adjustments.
  • System Operations
  • Real time gross settlement (BI-RTGS), scripless securities settlement system (BI-SSSS), electronic trading platform (BI-ETP) unavailable from Mar. 28 to Apr. 7, 2025.
  • National clearing system (SKNBI), all services will not operate from Mar. 28 to Apr. 7.
  • Debit instruments in zone 4 submitted on Mar. 27 will be settled on Apr. 8, 2025.
  • Fast payment (BI-FAST) will remain fully operational throughout the holiday period.
  • All cash services will be suspended from Friday, Mar. 28, 2025 to Monday, Apr. 7, 2025.
  • Monetary Operations
  • All IDR monetary operation transactions suspended from Mar. 28 to Apr. 7, 2025.
  • All foreign currency monetary operation transactions suspended during same period.
  • Jakarta interbank spot dollar rate (JISDOR) will not be published during this period.
  • Non-USD/IDR reference rates will not be published; exchange rates will use the reference rate from the last working day; Jakarta interbank offered rate (JIBOR) quotation submissions by contributing banks will be suspended from Mar. 28 to Apr. 7.
  • JIBOR, Indonesia overnight index average (IndONIA), compounded IndONIA, and IndONIA index will likewise not be published during the same period as the above.
  • Normal IDN CB operations will resume Apr. 8, 2025.
Regulators
IDN CB
Entity Types
B/D; Bank; Depo
Reference
PR, 3/17/2025
Functions
Financial; Operations; Settlement; Trading; Treasury
Countries
Indonesia
Category
State
N/A
Products
Banking; Clearing; Forex; Payments
Rule Type
Final
Regions
AP
Rule Date
Mar 17, 2025
Effective Date
Apr 28, 2025
Rule ID
247169
Linked to
N/A
Reg. Last Update
Mar 17, 2025
Report Section
International