Clearing is the settlement of receivable payable service between banks by delivering clearance drafts at clearing institution. The settlement of receivable payable is cheque collection or giro bilyet through bank.
The definition of draft is valuable letters such as cheque, giro bilyet and other receivable letter.
A. Benefit and Risk
Benefits
Quick. We use an Intercity Clearing System which can pledge your money transfer and give a quick result.
Easy and Safe. Customers just only need to submit drafts to be cleared and the fund will be safe in our bank.
Risk
Operational Risk
The dysfunction of internal process, human error, system failure or external problem
B. Costs
Bank provides this facility through LLG and collection with competitive cost, as following:
Services
Cost
LLG or Collection :
- Internet Banking
- LLG or collection
IDR 3,000.- per item
IDR 5,000.- per item (excluding other Bank's charge)
Changes or cancellation of
LLG or collection
IDR 5,000.- per changes or cancellation
RTGS
- Internet Banking
- Over the counter
IDR 15,000.- per item
IDR 20,000.- per item
Unpaid Check
IDR 150,000,- per item
Information
Fees charged by Bank Indonesia to Bank RTGS participants are :
- For transaction until 03.00 pm IDR 7,000,- per transaction
- For transaction above 03.00 pm is IDR 15,000,- per transaction
Fees charged by Bank Indonesia to Bank SKNBI participants are :
- For Debit Clearing Transaction is IDR 1,500,- per transaction
- For Credit Clearing Transaction is IDR 1,000,- per transaction
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