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Create BI Fast Payment (Indonesia)

Geography: This article is applicable for ANZ Transactive - Global customers banking in Indonesia.
Full details are available in Features by Geography.
Payment file upload option using ANZ Transactive Cash Asia file format guides is available through the ANZ Fileactive Portal.
About BI Fast Payments

What is a BI Fast Payment?

BI Fast (Bank Indonesia Fast Payment) is a domestic payment that allows you to transfer funds from your IDR Indonesia domiciled account registered to ANZ Transactive – Global, to a beneficiary's Indonesia domiciled IDR account in Indonesia in near real-time. This payment type also allows you to create Payroll (Salary) payments.
For more information, please refer to Asia & Pacific Payment Types.

Payment Method Rules for BI Fast Payments

  • Value date will default with the current or next business date if the payment is created on a non-business date. If today's payment misses the cut-off time, your payment will be in processing until the next business day.
  • Cut-off time for BI Fast payments is 23:00
  • Payment currency is IDR only
  • Maximum payment value is IDR 250M per transaction

Who can create a Domestic Payment?

  • Eligible users with Initiator and account access can create and manage a BI Fast payment based on your organisation's predetermined user permissions and payment settings. These role permissions can include:
    • Initiator
    • Initiate/Authorise
    • Full Access
  • Only users who are entitled to Payroll Payments will be able to view, edit and approve payments when the Payroll indicator selected.
Payment input screens
Domestic Payment screen
The following image is an example of a domestic payment screen with fields including the division, debit account, payment method, execution date, and beneficiary details.
BI Fast screen.png
Beneficiary Payment Details screen
The following image is an example of a Beneficiary Payment Details screen with fields including the beneficiary's name, address and account details, beneficiary bank details, payment reference, remittance information and invoice details.
BI Fast Payment details screen.png
Beneficiary Details screen
The following image is an example of the Beneficiary Details screen with fields including the beneficiary's name, address, account and beneficiary email address. 
ACH Beneficiary details screen (ID).png

Create BI Fast Payment video

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Create a BI Fast Payment

There are multiple ways you can create a BI Fast Payment from the Asia & Pacific Payments menu. Choose from the following options:

  1. Click Create Payment > BI Fast Payment (see step-by-step instructions below)
  2. Click Create Payment > Use Payment Template
  3. Click Create Payment > Use Payment File using Asia & Pacific File Format Guides
  4. Click Create Payment > Use Existing Payment
  5. Click Approve Payments > New > BI Fast Payment (see step-by-step instructions below)
  6. Click Current Payments > New > BI Fast Payment (see step-by-step instructions below)

To create a BI Fast payment and manually enter the payment instructions, follow the steps below:

STEP ACTION
1 Click Asia & Pacific Payments > Create Payment menu or
Click Asia & Pacific Payments > Current Payments menu > New or
Click Asia & Pacific Payments > Approve Payments menu > New.
2 Click BI Fast Payment.
3 If required, select the Division the payment will be made from.
If you are entitled to more than one division, you can set a default division for future payments.
The Bank/Branch field will prepopulate from the Division selected.
4 Select a Debit Account.
5 Execution Date defaults with the current business date.
If required, click Later to choose a future value date.
6 If required, select Payroll for confidential salary payments and to restrict access to view, edit and approve the payment.
7 If required, select the Individual Debits indicator to generate a separate debit entry on your account for each individual beneficiary payment instruction.
8 Click Save & Continue to generate an Instrument number, before adding your Beneficiary details.
9
To reduce the risk of fraud, ANZ recommends you always confirm beneficiary details when processing a payment.
Click Add to add one or more beneficiary details using the following options:
Add Beneficiary from your Beneficiaries list
Search and select the Beneficiary from the Beneficiary Name field, then proceed to next steps. If required, click Add again to add additional beneficiaries.
Add New Beneficiary
Users must have entitlements to create new beneficiaries to complete these steps.
Currently, new beneficiaries cannot be saved to your Beneficiaries menu.
STEP ACTION
1 Click Add New Beneficiary from the Beneficiary Name field.
2 Enter Beneficiary Name up to 35 characters.
3 Enter Beneficiary Address up to 35 characters per line and City.
4 Select Country or Region.
5 Enter the Beneficiary's Account Number without spaces or hyphens.
6 If required, enter a Beneficiary email address to send a Beneficiary Advice.
  • Separate email addresses by a comma
  • Email addresses cannot exceed 50 characters
  • Emails will be sent to the beneficiary when payment status is Closed
7 Click Procced.
8 If required, click Add again to add additional beneficiaries.
Proceed to next steps.
10 If required, enter Payment Reference up to 20 characters.
11 Enter the Beneficiary payment Amount not exceeding IDR 250M.
12 Click Beneficiary Payment Details icon to view and update additional beneficiary information:
Add or update Beneficiary Payment Details
STEP ACTION
1 Add or edit Beneficiary Name up to 35 characters.
2 Add or edit Beneficiary Address up to 35 characters per line and City.
3 Add or edit Beneficiary Account without spaces or hyphens.
4 Add or edit Email Address(es) up to 50 characters.
5 Add or edit Beneficiary Amount not exceeding IDR 250M.
6 Add or edit Payment Reference up to 20 characters.
7 Select Charges:
  • Ours - you pay all transfer charges, and the beneficiary receives the full amount of the payment.
  • Shared (default) - you pay outgoing transfer charges, and the beneficiary pays the correspondent bank charges. The beneficiary will receive the payment minus the correspondent bank charges.
  • Beneficiary - not available for this payment type.
8 Add or edit the Beneficiary Bank / Branch Code.
9 Select Beneficiary Type. Choose from:
  • Government ID BI Fast
  • Remittance ID BI Fast
  • Other BI Fast
  • Corporate Non Resident
  • Individual Non Resident
  • Corporate Resident
  • Individual Resident
10 Select Payment Purpose.
Purpose Codes & Descriptions
PURPOSE CODE DESCRIPTION
01 Investment
02 Transfer of Wealth
03 Purchase
99 Others
11 If required, select Beneficiary Category. Choose from:
  • Individual
  • Government
  • Bank Indonesia
  • Bank - Reporting Bank
  • Bank - Overseas Branch / Head Office
  • Bank - Other Bank
  • Nonbanks Financial Institutions
  • Company
  • Institution / International Organisation - Bank
  • Institution / International Organisation - Non-Bank
  • Other (Including School and Foundation)
12 If required, select Financial Relationship. Choose from:
  • Shareholder
  • Overseas Subsidiaries
  • Companies with the same group
  • Non-Affiliated or shareholder with shares less than 10%
13 If required, enter Remittance Information up to 140 characters and will appear on the Beneficiary Advice and Payment Details Report.
14 If required, enter Invoice Details up to 80 x 60 lines and will appear on the Beneficiary Advice and Payment Details Report.
15 Click Save or Update.
13 If required, repeat above steps to add each beneficiary.
14 If required, click Attach Document to add supporting documents.
  1. Search and select document
  2. If required, choose Category
  • Follow Attach Document process again to add any additional documents.
  • Document formats acceptable: PDF, DOCX, DOC, XLSX, XLS
  • Document file size cannot exceed 5MB
  • File name cannot exceed 25 characters and only with alphanumeric, hyphens, underscores and spaces
  • Documents can only be viewed and/or deleted once payment is submitted for approval
15 Click Review & Submit.
16 Click Submit.
Errors and Alerts
Error and alert messages such as 'fields validations' display information about the impacted field(s) and highlights the field(s) in red. Error messages are specific to the payment method types, fields available and particulars validations. You can update the information within the impacted field(s) and continue processing the payment.

Mandatory field validations:

ACH Beneficiary Alert.pngErrors and Alerts (ID) v.02.png

Beneficiary amount validation:

Beneficiary amount should be less than or equal to 250,000,000 IDR. Please enter an amount below this limit.

BI Fast Amount error.png

Exception Error:

Exception found, please check the transaction / beneficiary details entered and try again. There are over 200 technical and business verifications when saving the Beneficiary Payment Details screen.  Please contact our Customer Service teams to assist with troubleshooting. BI Fast Exception Error (ID).png

Upload supporting document validations:

Upload Document errors - exceeds file size.png
Upload Document errors - unsupported document.png
Upload Document errors - file name errors.png

Unsaved beneficiary warning

If a beneficiary is not saved successfully in the BI Fast Payment screen and you try to close it, you’ll see this message:
"If you proceed without adding a beneficiary, this payment will be classified as an ACH (SKN) payment rather than a BI Fast Payment."
You can view the Payment ID from the Current Payments screen as an ACH (SKN) payment, and you cannot change it back to a BI Fast Payment.
BI Fast unsaved beneficiary error (ID).png

Next Steps

When the payment has been successfully submitted and is now in a Pending Approval status, you can choose from the following on-screen options:

  • Review this Payment from the Payment Details screen
  • View Approve Payments from the Approve Payments screen
  • Save Payment as Template to your Templates screen
  • Create a New Payment
  • Click OK to return to the Create Payment screen

When the payment has been successfully submitted for approval(s), the next steps can be:

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