Central bank national clearance fully implemented this year
Bank Indonesia (BI) or the central bank has set a target of fully implementing Bank Indonesia National Clearance System (SKNBI) in all 106 clearance regions this year, an official said.
“The implementation of SKNBI in Palembang, Bengkulu, Bandar Lampung, Palangkaraya, Jambi and Lhokseumawe has caused 96 percent of clearance transaction nationwide to get connected. Theremaining 4 percent will be connected late this year,” Bank Indonesia deputy governor S. Budi Rochadi said Thursday.
He was in Palembang to inaugurate the implementation of SKBNI in six clearance regions in Sumatra and Kalimantan.
Data from the central bank show the value of daily clearance transactions reached Rp4.7 trillion as of January 2007. About Rp 4.5 trillion of the figure was processed through SKBNI.
The value of clearance transactions in Palembang, Bengkulu, Bandar Lampung, Palangkaraya, Jambi and Lkhokseumawe was recorded at a total of Rp 189.7 billion with a volume of 7,916 transactions daily.
Budi said for the banking sector, the SKNBI implementation will help banks use funds more efficiently in printing air letter as well as in managing human resources, among others.
An integrated SKNBI implementation can improve efficiency in bank liquidity management as a bank will no longer monitor the position of clearance transaction settlement in all clearance regions but only observe one clearance position nationwide, hesaid.
“Bank Indonesia is aware that the operational contribution of the transaction payment system to the economic growth is really dominant,” Budi said
Source: Antara