Forex-Activity Reporting Services for Bank Indonesia Compliance
Indonesian residents who engage in foreign exchange (forex) transactions with non-residents are required to submit Forex-Activity Reports to Bank Indonesia, as mandated by Regulation No. 21/2/PBI/2019. These reports are crucial for ensuring compliance with national financial regulations and supporting the country’s economic stability.
Who Is Required to Report?
Under Bank Indonesia’s regulation, the following parties must submit forex-activity reports:
Individuals conducting forex transactions with overseas parties
Financial institutions involved in cross-border forex operations
Businesses and corporations engaged in international trade, investment, or offshore borrowing
Complete Assistance for Bank Indonesia Forex Reporting
Managing Bank Indonesia’s forex reporting requirements can be time-consuming and complex. Our dedicated service helps businesses stay fully compliant by offering complete support for all key report types.
Foreign Debt Plan (Rencana Utang Luar Negeri - RULN): Preparation and submission of annual and amended offshore borrowing plans.
Foreign Debt (Utang Luar Negeri - ULN): Reporting of offshore liabilities, including loans, equity, and other financial obligations.
Foreign Exchange Transactions (Lalu Lintas Devisa - LLD): Monthly reporting of cross-border financial flows, such as trade, services, and dividend payments.
Prudential Principal Application (Kegiatan Penerapan Prinsip Kehati-hatian - KPPK): Ensuring offshore borrowings meet Bank Indonesia’s prudential standards.
Our consultants manage the entire Bank Indonesia forex reporting process, from data collection to final submission, ensuring accuracy, compliance, and timely delivery. We handle all technical aspects so you can focus on your core business, including:
Data Collection & Validation by gathering and verifying transaction data from your overseas activities.
Report Preparation by formatting reports to meet Bank Indonesia’s electronic submission standards.
Documentation Coordination by working with your internal teams or external partners to compile required documents.
Timely Submission by ensuring all reports is submitted on schedule to avoid penalties.
Audit & Liaison Support by assisting during audits and communicating with Bank Indonesia or external auditors when needed.
Leading Provider of Outsourcing Solutions in Indonesia