IDN DEP on PT BPR Duta Niaga Payouts

Updated on: Apr 14, 2025

Latest Event


  • Apr. 2025 Deposit Insurance Claims
  • On Apr. 10, 2025, IDN DEP said it is verifying customer deposits to determine which are eligible for insurance payouts, as PT BPR Duta Niaga’s license was revoked.
  • The verification process must be completed by Apr. 29, 2025, and claims will be paid in stages; customers can submit claims for insured deposits until Dec. 4, 2029.
  • Fourth round of payments will start on Apr. 11, 2025 via BNI KCP Gusti Hamzah; customers must provide identification, supporting documents to receive payment.
  • Objections to IDN DEP's decisions must be filed by Oct. 7, 2025.

On Mar. 17, IDN DEP facilitated process of deposit insurance payouts.

  • IDN DEP said it is conducting reconciliation and verification to decide which deposits are eligible for insurance payouts following PT BPR Duta Niaga license revocation.
  • This process must be completed within 90 working days, by Apr. 29, 2025.
  • Claim Procedures
  • Depositors can submit their insurance claims within 5 years, until Dec. 4, 2029; they can check their deposit status on IDN DEP website by searching for DUTA NIAGA.
  • Depositors need to provide identity proof (KTP/SIM/Passport), bank account documents (passbook or deposit certificate), and company documents if applicable.
  • If depositors disagree with the deposit insurance status, they can file an objection to IDN DEP within 180 days of the announcement, with a deadline of Sep. 12, 2025.
  • IDN DEP warned depositors to beware of fraudulent individuals claiming to expedite payout process, advised them to follow official procedures to ensure a smooth process.
  • Effectiveness
  • Third batch of deposit insurance payments will begin on Mar. 17, 2025 via Bank Negara Indonesia (BNI) - KCP Gusti Hamzah, Pontianak; objection deadline above is Sep. 12.
  • Apr. 2025 Deposit Insurance Claims
  • On Apr. 10, 2025, IDN DEP said it is verifying customer deposits to determine which are eligible for insurance payouts, as PT BPR Duta Niaga’s license was revoked.
  • The verification process must be completed by Apr. 29, 2025, and claims will be paid in stages; customers can submit claims for insured deposits until Dec. 4, 2029.
  • Fourth round of payments will start on Apr. 11, 2025 via BNI KCP Gusti Hamzah; customers must provide identification, supporting documents to receive payment.
  • Objections to IDN DEP's decisions must be filed by Oct. 7, 2025.
Regulators
IDN DEP
Entity Types
Bank; CNSM
Reference
PR PENG-10/SEKL/2025, 4/10/2025; PR PENG-7/SEKL/2025, 3/17/2025
Functions
Financial; Fraud; Operations; Registration/Licensing; Reporting; Treasury
Countries
Indonesia
Category
State
N/A
Products
Banking; Deposits
Rule Type
Final
Regions
AP
Rule Date
Mar 17, 2025
Effective Date
Sep 12, 2025
Rule ID
247463
Linked to
N/A
Reg. Last Update
Apr 10, 2025
Report Section
International