06 Apr 2020 | News & Features

The Monitoring of Export Proceeds and Import Payment Activities through SiMoDIS

*Updated : 8 March 2023

The Monitoring of Export Proceeds and Import Payment Activities through SiMoDIS

Are you an import-export practitioner? To assist you, Bank Indonesia has launched its latest Regulation Number 22/21/PBI/2020 through a system called SiMoDIS, an integrated Monitoring Real-Time Information Data of Foreign Exchange, is used for managing data and information.

SiMoDIS also aims to monitor compliance and foreign exchange from export and import activities which integrate the flow of documents, money and goods.

With this system, you are required to provide several mandatory information, so that the transaction process is smoother and more secure. Check the complete information about the rules and regulations, as well as the material.

Rules & Regulations

For importer who does Outward Remittance transaction through KBB and KBB-IS, and will send emails for SiMoDIS additional invoice information, it is mandatory to be sent on the same day with the transactions.

For further information, please contact Halo BCA 1500888 or simply mention us at Twitter account @HaloBCA.