SUBSTANCE OF PROGRAM
As economic and information technology develops, economic doers require to be able to conduct transactions in certain amount more effectively, efficiently, and safely. This is triggered, among other things, by the use of banknotes (cash), especially for transactions in relatively large amount that is considered less efficient and secured. The trend of payment instrument use in the form of check and bilyet giro in trade in general is caused, among other things, by several advantages of the instrument compared with other payment instruments, such as effectiveness, efficiency, and security factors.
In some countries, the use of non-cash payment instruments, either paper based, card based, or electronic based has so rapidly developed. In fact, each of those instruments has provided various derivative facilities for various interest of payment by increasingly sophisticated settlement method. The existence of non-cash payment instrument which develops so rapidly in several developed countries has been supported by sufficient payment system, supporting settlement mechanism, and firm legal structure.
In Indonesia itself, the use of non-cash payment instruments grows significantly. Various aspects becoming constraints in its developments, among other things, by supporting infrastructure, are lack of bank officers’ and/or economic doers’ understanding of applicable laws and regulations, preparedness, and Indonesian community transaction pattern and legal structure.
This training will enable the participants to understand and manage the use of check, bilyet giro, and other clearing documents, including the management of the national black list of bad check/bilyet giro drawers in accordance with applicable laws and regulations.
The subject matters in this training include:
- Overview of payment transactions using non-cash payment instruments
- Understanding of laws and regulations concerning check and bilyet giro instruments
- Opening of provision variant concerning check in code of commercial law/KUHD and bilyet giro in Bank Indonesia Board of Directors Decree
- Use of check and bilyet giro instruments, between regulations and practices
- Security tips and risk mitigation in check and bilyet giro instrument management
- Understanding details of the national black list of bad check and/or bilyet giro drawers
- Latest and future development of Bank Indonesia policies concerning the national black list of bad check and/or bilyet giro drawers
- Bad check and bilyet giro and various reasons of check and bilyet giro rejection
- Procedure of customer correction and rehabilitation from the national black list
- Tips to be protected against the imposition of administration sanction in the form of financial penalty
- Examples of check/bilyet giro drawing cases frequently experienced by banks
- Sanctions and consequences on check and bilyet giro drawing violation
This training program is held by class instruction using a combination of lectures, case studies, and discussions.
The suggested participants include bank decision making officials, middle managers, employees or of the same level dealing with clearing, customer services, and/or compliant or projected to deal with the tasks.
The facilitators include Bank Indonesia officials, experts, and/or LPPI senior faculty members, or practitioners holding best practices in the subjects.
DURATION & SCHEDULE
This program is held intensively in 2 (two) days.