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cash-withdrawal

Business 4 years ago

BI lifts ATM cash withdrawal limit to Rp 20 million

The central bank is maintaining the limit for magnetic stripe-based ATMs and ATM cards at Rp 10 million to minimize the risk of data skimming, which is more common with such technology.

Business 4 years ago

PREMIUM
Idul Fitri cash withdrawals surge 61% in Greater Jakarta

Authorities have attributed the upsurge in withdrawals over the two-day holiday to rising consumer confidence as well as the government ban on mudik (exodus).

City 7 years ago

Jakarta council questions KJP cash withdrawal system

The Jakarta city council is set to summon the Jakarta Education Agency following the distribution of the Jakarta Smart Card Plus (KJP Plus) educational assistance program, which enables holders, who are students from low-income families, to withdraw cash using the card.

Business 8 years ago

Rise of e-banking leads banks to prepare less cash for Idul Fitri

An increased use of electronic banking services has led state-owned lenders Bank Mandiri and Bank Rakyat Indonesia (BRI) to prepare lesser amounts of cash ahead of Idul Fitri celebrations, compared to last year.

Business 8 years ago

BCA enables customers to withdraw cash at ATMs without card

Private lender Bank Central Asia (BCA) has equipped its mobile banking and Sakuku apps with a new feature that allows users to withdraw cash at ATMs without a debit card.

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