Today : Mar 23, 2025
Economy
22 March 2025

Bank Indonesia Sets Schedule For New Money Exchange 2025

The central bank divides exchange locations into Java and outside Java to meet rising demand for new banknotes.

Bank Indonesia (BI) has announced changes to the scheduling of new money exchanges for Lebaran 2025, aimed at ensuring a smooth process for the upcoming holiday.

According to the bank's official statement, the schedule for ordering new money in 2025 will be divided into two distinct phases to accommodate different regions. The first phase is set for 1,505 exchange locations across Java, which will commence on Saturday, March 22, 2025, from 09:00 to 18:00 Western Indonesian Time (WIB).

The second phase will cater to 1,043 locations outside of Java, beginning on Sunday, March 23, 2025, starting at 09:00 WIB. This division aims to streamline the process for residents and ensure they have access to the new banknotes during the festive period.

Moreover, BI will temporarily suspend its 'Money Exchange Through Mobile Cash' service. This service will be closed for maintenance at 18:00 WIB on Friday, March 21, 2025, and will re-open on Saturday, March 22, 2025, at 09:00 WIB. This maintenance is part of the bank's efforts to enhance service efficiency.

As Indonesia approaches Lebaran, a time marked by increased spending and a surge in donations and gifts, the demand for new money naturally rises. It is traditional for many Indonesians to exchange old currency for new notes during this period to ensure their money reflects the joyous occasion.

In light of these announcements, Bank Indonesia emphasizes the importance of planning ahead for those wishing to exchange their money. By providing a clear timeline and ensuring ample locations are available for these transactions, the bank aims to facilitate a seamless experience during the holiday.

With preparations now underway, consumers are encouraged to take note of the designated dates to maximize their opportunity for participating in the new money exchange process.

Overall, these adjustments from Bank Indonesia reflect a proactive approach to managing increased public demand during a significant cultural holiday, taking steps to ensure the public has access to necessary financial services during this busy time.