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Banking Mediation

In relation to Bank Indonesia Regulation No.8/5/PBI/2006 dated January 30, 2007 about Banking Mediation, herewith we inform that Bank Indonesia has been facilitating Banking Mediation to help dispute settlement between banks and their customers which have been processed through the banks.

 

Dispute Settlement Submission Procedures and Conditions:

The dispute has been previously taken to the bank by the customer for settlement.;
The dispute is not currently being processed or has not been decided by an arbitrary institution or a court of law, or there has been no agreement facilitated by another mediation agent, and has never been processed through Banking Mediation facilitated by Bank Indonesia ;
The dispute is a civil dispute;
The dispute settlement submission through Banking Mediation is expired in 60 (sixty) working days since the date of the bank’s letter regarding claim settlement result to the customer;
The maximum amount of a financial claim is Rp. 500.000.000,- (five hundred million Rupiahs), which may consist of a cumulative value of financial losses suffered by the customer, potential losses due to a delayed or unsuccessful financial transaction between the customer and other parties, and/or all costs incurred and paid by the customer in settling the dispute;
Financial claim does not cover immaterial losses;
Submitted in written by filing a Dispute Settlement Form and supplied with all supporting documents:
A copy of the bank’s letter regarding claim settlement result to the customer
A copy of the customer ’s valid identity card
Copies of supporting documents related to the dispute
A copy of a power of attorney in the event that a dispute settlement filing by proxy :
These documents should be addressed to:
Direktorat Investigasi dan Mediasi Perbankan
(Directorate of Investigation and Banking Mediation)
Bank Indonesia, Menara Radius Prawiro Lantai 19,
Jalan M.H. Thamrin No. 2,
Jakarta 10110

 
 
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