Glossary
Indonesian financial / regulatory terms that appear across the docs. If you're not based in Indonesia, this page is the cheat-sheet.
Regulatory & legal
| Term | Expansion | What it is |
|---|---|---|
| OJK | Otoritas Jasa Keuangan | Financial Services Authority — bank + insurance + capital markets regulator |
| BI | Bank Indonesia | Central bank; payment system + monetary policy + foreign exchange |
| PPATK | Pusat Pelaporan dan Analisis Transaksi Keuangan | Indonesian Financial Intelligence Unit — receives SAR/STR filings |
| goAML | Generic global AML reporting format | UNODC-developed XML schema PPATK uses for SAR submissions |
| Dukcapil | Direktorat Jenderal Kependudukan dan Pencatatan Sipil | Civil registry — authoritative source for NIK + KTP photo validation |
| PER-09 | PPATK Regulation 09 | Defines the typology codes for SAR filings |
| PER-11 | PPATK Regulation PER-11/1.02/PPATK/06/2013 | Defines cash transaction reporting threshold (IDR 500M default) |
| UU PDP | Undang-Undang Pelindungan Data Pribadi (UU 27/2022) | Personal Data Protection Law — Indonesian "GDPR" |
| MSA | Master Service Agreement | The contract you sign with us before live access |
| PKS Dukcapil | Perjanjian Kerja Sama Dukcapil | Bilateral cooperation agreement granting a financial institution Dukcapil API access |
Identity & documents
| Term | Expansion / meaning |
|---|---|
| KTP | Kartu Tanda Penduduk — Indonesian national ID card |
| NIK | Nomor Induk Kependudukan — 16-digit ID number on KTP, structurally meaningful (province · regency · gender · DOB) |
| NPWP | Nomor Pokok Wajib Pajak — tax identification card |
| Kartu Keluarga | Family card — issued per household, lists members + relationships |
| SIM | Surat Izin Mengemudi — driver's license |
| NIB | Nomor Induk Berusaha — business registration number |
| BPKB | Bukti Pemilikan Kendaraan Bermotor — vehicle ownership document |
| Akta Lahir | Birth certificate |
| Surat Nikah | Marriage certificate |
| WNI | Warga Negara Indonesia — Indonesian citizen |
| WNA | Warga Negara Asing — foreign citizen |
AML
| Term | Meaning |
|---|---|
| SAR | Suspicious Activity Report — what you file with PPATK when transactions look suspicious |
| STR | Suspicious Transaction Report — PPATK's term for SAR (used interchangeably) |
| CTR | Cash Transaction Report — required for cash above PPATK threshold |
| XSR | Cross-border Suspicious Report |
| PEP | Politically Exposed Person — heightened-risk subject (politicians, family, associates) |
| OFAC | US Office of Foreign Assets Control — issues the SDN sanctions list |
| MLRO | Money Laundering Reporting Officer — your designated PPATK liaison |
| Four-eyes | Two-user separation of duties (drafter ≠ submitter) — required for SAR, configurable elsewhere |
| Watchlist | Curated database of sanctioned / PEP / adverse-media subjects |
| Adverse media | News coverage suggesting illicit activity — used as a screening signal |
| Structuring | "Smurfing" — splitting transactions to stay just below cash threshold |
| FATF | Financial Action Task Force — global AML standard-setter |
Banks
| Term | Meaning |
|---|---|
| PJK | Penyedia Jasa Keuangan — financial service provider (the regulated entity that files SARs) |
| BPD | Bank Pembangunan Daerah — regional development bank |
| BPR | Bank Perkreditan Rakyat — rural bank |
| BSI | Bank Syariah Indonesia — largest Indonesian Islamic bank |
| PSBI | Penyedia Sistem Bayaran Internasional — international payment system provider |
Indonesian payments
| Term | Meaning |
|---|---|
| QRIS | Quick Response Code Indonesian Standard — national QR payment standard |
| BI-Fast | Bank Indonesia Fast Payment — real-time interbank transfer rail |
| GPN | Gerbang Pembayaran Nasional — national payment gateway for domestic card transactions |
| Dompet digital | E-wallet (GoPay, OVO, Dana, ShopeePay, LinkAja) |
| Cardless withdrawal | OTP-driven ATM cash-out without a physical card |
Tax
| Term | Meaning |
|---|---|
| PPh21 | Income tax (Pajak Penghasilan Pasal 21) |
| PPh23 | Withholding tax on services/dividends |
| PPN | Value-Added Tax (Pajak Pertambahan Nilai), ~11% |
| Faktur Pajak | VAT invoice — required for B2B sales above threshold |
| KPP | Kantor Pelayanan Pajak — tax service office |
| NPWP | Tax ID (covered above) |
Common terms
| Term | Meaning |
|---|---|
| IDR | Indonesian Rupiah (ISO-4217) |
| WIB | Waktu Indonesia Barat — Western Indonesia Time (UTC+7), Jakarta timezone |
| WITA | Waktu Indonesia Tengah — Central Indonesia Time (UTC+8) |
| WIT | Waktu Indonesia Timur — Eastern Indonesia Time (UTC+9) |
| RT/RW | Rukun Tetangga / Rukun Warga — neighborhood association (sub-village admin unit) |
| Kelurahan | Urban village (smallest urban admin unit) |
| Kecamatan | Subdistrict (larger than kelurahan) |