Want to Exchange Money for Eid? Here's How

Dream - Bank Indonesia (BI) has opened a money exchange service at several points throughout Indonesia, for people who want to exchange money before Eid. 

One of them is at the East Parking Lot of Gelora Bung Karno (GBK), Central Jakarta. The money exchange will be held for two days from April 8-9, 2023.

The quota for money exchange at Bank Indonesia in the East Parking Lot of GBK in one day is 3,000 ID cards with a breakdown of 2,000 quotas registered through the Smart BI application and 500 Go Show. 

The maximum amount of money exchange is Rp3,800,000 and the minimum is Rp100,000 for exchange. So how do you exchange money at Bank Indonesia's service?

According to Merdeka.com, if you want to exchange an amount of Rp500,000. Then the received money exchange will be in Rp5,000 denominations.

If the amount of money you want to exchange is at the minimum limit of Rp100,000, then the received denominations will be Rp1,000 in 100 sheets.

The officers inform that people cannot exchange money with mixed denominations, such as exchanging Rp500,000 with Rp20,000 and Rp5,000 denominations.

"The exchange system is in packs, so if you want to exchange Rp500,000, the denominations will be in Rp5,000," said the officer.

Registration Process

To register online, people can access it through the Pintar website, the steps are as follows;

1. Visit the link for new money exchange for Eid 2023 https://pintar.bi.go.id/.

2. Select the menu "Money Exchange in Rupiah Through Mobile Cashier" which is on the home page of the website.

3. Choose the province of the location for the new money exchange on the desired mobile cashier.

4. A list of available locations and dates will appear.
Choose the location and date of the money exchange according to your needs.

5. Fill in the order data, which includes KTP NIK, full name, telephone number, and email address.

6. Fill in the number of sheets or pieces of rupiah money that will be exchanged through the mobile cashier, and a proof of order will be given.

7. Bring the proof of order to the mobile cashier officer when exchanging new money for Eid 2023, according to the selected location and time.

BI is known to have opened several exchange places this year. In addition to mobile cashiers, there are also 5,066 exchange points in containers scattered throughout Indonesia.

5,066 Money Exchange Places for Eid Will Operate Next Week, Check How and Where

Dream - Bank Indonesia (BI) and banks still limit cash exchange to Rp3.8 million per person before Eid in 2023. This limitation is carried out for the fairness and expansion of cash services.

"We still maintain the package of Rp3.8 million for one person, where each denomination of Rp1,000 to Rp20,000 is one pack," said Marlison Hakim, Executive Director of the Money Management Department of BI, quoted from Merdeka.com, on Monday, March 20, 2023.

In each exchange, people will receive packages of banknotes in denominations of Rp1,000, Rp2,000, Rp5,000, Rp10,000, and Rp20,000.

For exchange, people can directly go to banks in their respective areas, or come directly to the branch office of Bank Indonesia, or through the Pintar application.

"For people who want to know where the exchange locations are, when the time is, they can do it through the Pintar application by registering and bringing proof of exchange services at the desired time," he said.

Can Exchange Without the Pintar Application

Realizing that there are still many people who cannot use the Pintar application, BI will still provide direct money exchange services at thousands of locations in Indonesia. This facility is intentionally provided based on the experience of the past two years. 

"The main thing is that during Ramadan and Eid, we can serve the community widely," he said.

Marlison urged people to exchange cash through official places such as Bank Indonesia or banks. Do not exchange cash with individuals offering on the roadside, as counterfeit money may be circulated.

"We are working with local governments because not all of them occupy places that are actually not allowed. We urge local governments to regulate these money activities," he said.