Cut-off time for Disbursement transaction
In-house Transfer
A transfer where the source bank and beneficiary bank is the same.
For example, a sender uses a BNI account to transfer to the receiver's BNI account.
| In-House | Operational Schedule for Disbursement transaction | Disclaimer ⚠️ |
|---|---|---|
| Mandiri | Real Time | There are bank maintenance schedules every day, which will cause the disbursement to be put ON HOLD during that time.
Exception: Danamon & GoPay |
| BNI | ||
| BCA | ||
| BRI | ||
| CIMB Niaga | ||
| Danamon | ||
| Gopay | ||
| Permata |
Notes💡
GoPay is always considered an in-house transfer.
Inter-Bank Transfer
A transfer where the source bank and beneficiary bank is different.
For example, a sender uses a Mandiri account to transfer to the receiver's BRI account.
| Inter-Bank | Operational Schedule for Disbursement transaction | Disclaimer ⚠️ |
|---|---|---|
| Online Transfer | Real Time | There is SKN cut-off time. The SKN cut-off time schedule is 08.10 WIB - 15.00 WIB. If the disbursement activity happened after that time, it will be put ON HOLD and will be processed the next day in Bank Working days, starting at 08.10 WIB. |
| SKN (Sistem Kliring Nasional) | Through Bank Indonesia From Monday to Friday in Bank Working days 08.10 WIB - 15.00 WIB |
|
| RTGS (Real Time Gross Settlement) |
Bank Maintenance Schedule
| Bank | Maintenance Schedule | Start | End | Remarks |
|---|---|---|---|---|
| Mandiri | Monday to Sunday | 00.00 | 04.00 | Morning |
| 21.30 | 00.00 | Night |
| Bank | Maintenance Schedule | Start | End | Remarks |
|---|---|---|---|---|
| BNI | Monday to Sunday | 23.55 | 07.05 | Morning |
| Bank | Maintenance Schedule | Start | End | Remarks |
|---|---|---|---|---|
| BCA | Monday to Sunday | 00.55 | 01.05 | Morning |
| Bank | Maintenance Schedule | Start | End | Remarks |
|---|---|---|---|---|
| BRI | Monday to Sunday | 00.00 | 04.00 | Morning |
| 23.50 | 00.00 | Night |
| Bank | Maintenance Schedule | Start | End | Remarks |
|---|---|---|---|---|
| CIMB Niaga | Monday to Sunday | 00.00 | 02.00 | Morning |
| 22.55 | 23.05 | Night |
Note 📝**
For disbursement transactions that are approved after the cut-off time or during bank maintenance schedule, please expect that the transaction status will be on hold as “Approved”. As it will be waiting to be “Processed” during the next operational period.
For disbursement transactions that are “Processed” as inter-bank transfer with SKN method, please expect it may take a few hours (up to around 22.00 WIB on that day) to be completely processed by the SKN batch. It stays in “Processed” status during that time. After fully processed, the status will then be updated (e.g. to “Completed” or “Failed” status).
Example:
Merchant approved the transaction on Monday at 16.00 WIB (SKN & RTGS cut-off time until 15.00 WIB), the transaction status will be on hold as Approved, not Processed. Then, it will be processed on the next operational period on Tuesday, which is starting from 08.10 WIB (operational period from Monday to Friday). But, the status will stay as Processed while waiting for the SKN batch to complete (up to around 22.00 WIB). Then, the status will be updated, either to “Completed” or “Failed”.
Updated 6 days ago