News

28 August 2023

Announcement of Export Proceeds from Exploitation, Management and/or Processing of Natural Resources

Announcement of Export Proceeds from Exploitation, Management and/or Processing of Natural Resources

Our Valued Customer
PT Bank Resona Perdania

ANNOUNCEMENT

Based on Government Regulation (PP) No. 36 of 2023 concerning Export Proceeds of Foreign Exchange Exports from Exploitation, Management and/or Processing of Natural Resources, PBI No. 7 of 2023 concerning Foreign Exchange from Export and Foreign Exchange Import Payments, KMK No.272 of 2023 concerning Determination of Types of Export Goods of Natural Resources with the Obligation to Include Foreign Exchange from Exports into the Indonesian Financial System, PMK No.73 of 2023 concerning Imposition and Revocation of Administrative Sanctions for Violations of Provisions on Export Proceeds from Exploitation, Management and/or Processing of Natural Resources, PADG No. 4 of 2023 concerning Foreign Exchange from Export and Foreign Exchange Import Payment and announcement No. 024/PGM/BRP/PFD/VIII/2019 concerning Announcement of Terms & Conditions for Special Foreign Exchange Account for Export Proceeds (DHE) of Natural Resources (SDA), herewith we inform regarding the following conditions :

 

Export Value on PPE

Exporter's Obligations

Exporter’s Sanction

Placement on forex instruments

Income to  SKI (Indonesia’s Financial System) from August 1, 2023

Account

General account

Special account DHE SDA

≥ USD 250,000

Must be placed  into SKI at the latest three months after the PPE month

-

Mandatory

Suspension of export services

Mandatory 30% for at least 3 months

< USD 250,000

-

 Voluntary (mutatis mutandis)

 

 

Written reprimands and suspension of export services in accordance with the provisions of laws and regulations in the field of customs.

 

 

Mandatory

 

-

 

Bank Obligations

  1. Provide Special Accounts and instrument for placement & utilization of DHE SDA in accordance with Bank Indonesia regulations.
  2. Ensure that the funds that will be placed into the special account DHE SDA and instruments of DHE SDA come from Natural Resources (SDA).
  3. Submit information & reports on the entry and placement of DHE SDA.
  4. Ensure the implementation of the utilization of DHE SDA by the Exporter in accordance with the provisions and administer the utilization of the placement.

The complete regulations regarding the above PBI and PADG can be downloaded from the Bank Indonesia website : www.bi.go.id and the regulation of the Ministry of Finance can be downloaded on the Bank's website : www.perdania.co.id, at the following link :

  1. download Government Regulation (PP) No. 36 of 2023 on Foreign Exchange from export proceeds from natural resource exploitation, Management and/or processing activities.
  2. download KMK No. 272 of 2023 concerning the determination of types of natural resource export goods with the obligation to enter foreign exchange from exports into the Indonesian Financial System.
  3. download PMK No.73 of 2023 concerning the imposition and lifting of administrative sanctions for violations of foreign exchange provisions of export proceeds from natural resource exploitation, Management, and/or processing activities.

That's the information we can convey. Thank you for your attention and cooperation.

Best Regards,
PT Bank Resona Perdania

 

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