BTN Sees Minimal Impact from Extended Low-Cost SKNBI Tariff

Limited Effect on Transaction Volume

PT Bank Tabungan Negara (BTN) has observed that the continuation of the low-cost tariff for Bank Indonesia's National Clearing System (SKNBI) has not led to a significant increase in transaction volume. The bank's management attributes this to the increasing number of alternative transaction channels available to customers.

Multiple Transaction Channels Available

BTN's Director of Network & Retail Funding, Rully Setiawan, explained that customers now have various options for their banking transactions. These include SKNBI, Real-Time Gross Settlement (RTGS) systems, and mobile banking services. According to Rully, the availability of these multiple channels has made SKNBI just one of many choices for customers.

Impact of Diverse Payment Instruments

The proliferation of various payment and fund transfer instruments has further diluted the impact of the low-cost SKNBI tariff. As Rully noted, customers can choose between SKNBI, RTGS, or mobile banking for their transactions, with mobile banking being particularly widespread. This diversity in transaction options has reduced the relative significance of SKNBI in the overall transaction landscape.