Real-time Payment BI-FAST
Dear Valued Customer,
HSBC Indonesia continues to drive innovation and digital transformation to help your banking transaction faster and easier. With the launch of BI-FAST in Indonesia, we offer our customers the ability to send and receive money in real-time, anytime anywhere.
With the launch of BI-FAST in Indonesia in the near future, you will be able to send and receive real-time payments in Indonesia Rupiah (IDR) from or to your HSBC bank account in Indonesia without having required to do any prior registration for transfer of less than or equal to IDR250,000,000 (two hundred fifty million) from member banks of BI-FAST.
Please refer to the attached fact sheet to know more about BI-FAST payment service.
If you use ERP systems or automated account reconciliation programs for your electronic statements, you may be impacted by the statement narrative updates. To ensure the on-going operation of your automated reconciliation processes with new real-time payment service, we recommend that you review the new specification with your own IT specialists and, if necessary, make arrangements to update your systems.
Should you have any queries, please contact your Relationship Manager or Client Service Manager.
Best regards
PT Bank HSBC Indonesia
PT Bank HSBC Indonesia is authorised, registered and regulated by the Indonesian Financial Services Authority in doing its business in Indonesia. PT Bank HSBC Indonesia is an LPS guarantee participant.
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