Sistem Kliring Nasional Bank Indonesia (SKNBI) service change

Dear Valued Customer,,

We are writing to inform you that in accordance with Bank Indonesia's regulation Number 21/PBI/2019 to improve the service of Bank Indonesia National Clearing System (SKNBI) there will be changes for SKNBI service effective 1 September 2019 as follow:

• Regular Fund Transfer service fee (SKN) is Rp3,500 per transaction.
• Maximum amount on fund transfer service will be IDR 1 Billion per transaction.
• Settlement periods for fund transfer service become 9 times in a day.
• Crediting will be done 1 hour after the BI settlement period and Bank will send instruction to BI maximum 1 hour from debiting customer’s account.

Should you have any query, please contact your Relationship Manager or nearest HSBC branch.

Yours Sincerely,

PT BANK HSBC INDONESIA