What’s Banned and What’s Restricted

January 23, 2001

In principle, two things are banned and restricted in Bank Indonesia Regulation No.3/3/PBI/2001. These include the provision of loans to non-residents—this is banned—and derivative transactions by non-residents—these are restricted. Other restrictions include a reduction in maximum foreign currency transactions, from US$5 million per bank per customer to US$ 3 million. This policy is aimed at limiting non-residents’ opportuni

...

More Articles