{
    "success": true,
    "data": {
        "id": 1273553,
        "msgid": "bi-launches-new-settlement-system-1447893297",
        "date": "2000-11-24 00:00:00",
        "title": "BI launches new settlement system",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "BI launches new settlement system JAKARTA (JP): Bank Indonesia officially launched on Thursday the real-time gross settlement system (BI-RTGS) in a bid to modernize the country's noncash interbank payment system. Deputy governor Aulia Pohan said that with the new system, participating banks could now electronically process settlements for any individual transaction during the day. He said that banks under the previous system risked suffering clearing losses by the end of each day.",
        "content": "<p>BI launches new settlement system<\/p>\n<p>JAKARTA (JP): Bank Indonesia officially launched on Thursday<br>\nthe real-time gross settlement system (BI-RTGS) in a bid to<br>\nmodernize the country's noncash interbank payment system.<\/p>\n<p>Deputy governor Aulia Pohan said that with the new system,<br>\nparticipating banks could now electronically process settlements<br>\nfor any individual transaction during the day.<\/p>\n<p>He said that banks under the previous system risked suffering<br>\nclearing losses by the end of each day.<\/p>\n<p>\"With the new real-time gross settlement system, the risks can<br>\nbe minimized,\" he said at the launching of the BI-RTGS system.<\/p>\n<p>At least 125 banks have joined the system, implemented on Nov.<br>\n17, with a daily transaction value of over Rp 25 trillion.<br>\n(hen)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bi-launches-new-settlement-system-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}