The Deposit Insurance Corporation (“LPS”) issued Circular No. SE-4/ADK1/2025 (“Circular 4/2025”) on 29 December 2025, repealing Circular No. SE-5/ADK1/2024. The primary driver was the need to shift rural banks (“BPR”) and Sharia BPR (“BPRS”) from an open to a closed payment method.

Under Circular 4/2025, all banks, conventional and sharia commercial banks, sharia business units (“UUS”), BPR and BPRS, must submit premium calculations to the LPS before completing any payments. BPR and BPRS are now restricted to paying only billed amounts linked to designated virtual account numbers.

On payment channels, commercial banks and UUS retain the BI-RTGS system, though banks operating a UUS must now use separate bank codes for the parent and sharia business unit.

BPR and BPRS virtual account structures have been updated across BRI, Bank Mandiri, BNI, BTN, BSI and Bank Muamalat.

Proof of payment is submitted via e-Laporan, with penjaminan@lps.go.id designated for any backup submissions and payment-related inquiries.