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Indonesia: Eased conditions for foreigners to open foreign currency accounts

Description

On 16 September 2015, in line with the reform package announced by the Indonesian president a week earlier, the Indonesian Financial Services Authority (henceforth: OJK) announced changes to the cond...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

16 Sep 2015

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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