The t erm of each FPJP is 1 one day and m ay be ext ended on a consecut ive basis subject t o an overall
maximum FPJP t erm of 90 ninet y days.
2. Short Term Funding Facilit y f or Sharia Banks FPJPS
A Sharia Bank may submit an FPJPS application to Bank Indonesia through the BI-SSSS commencing from the
cut off w arning t hrough 15 minut es af t er BI-SSSS pre- cut off .FPJPS shall be backed by high qualit y, liquid
collat eral held by t he bank concerned, not cont rary t o sharia principales, and regist ered at Bank Indonesia.
Collat eral shall consist of :
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SWBs w it h remaining mat urit y of not less t han 3 w orking days at t he dat e of mat urit y of t he FPJPS;
andor
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Secu r it ies an d o r o t h er claim s issu ed b y t h e government based on sharia principles.
3. Intraday Liquidity Facility For Commercial Banks FLI
The FLI is t he f unding f acilit y ext ended by Bank Indonesia t o Banks in t heir capacit y as members of
t h e BI-RTGS syst em an d m em b ers o f t h e SKNBI, repayable on t he same day as t he day of use. A Bank
may obt ain an int raday f acilit y, w het her in t he f orm of LFI-RTGS or FLI-Clearing, af t er signing an agreement
f or use and collat eral securit y of FLI and submit t ing the required supporting documents to Bank Indonesia.
A Bank may use an FLI subject to meeting the follow ing requirement s:
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Ho ld in g secu rit ies in t h e f o rm o f SBIs an d o r Government Securit ies usable as collat eral
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Not under suspension as a member bank in t he BI- RTGS syst em and BI-Scrip less Securit ies Set t lement
Syst em BI-SSSS, and
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Not under sanct ion f rom obt aining t he Short Term Funding Facilit y FPJP.
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4. The Intraday Liquidity Facility for Commercial Banks Based on Sharia Principles FLIS
The FLI is t he f unding f acilit y ext ended by Bank Indonesia t o Banks in t heir capacit y as members of
t h e BI-RTGS syst em an d m em b ers o f t h e SKNBI, repayable on t he same day as t he day of use. A Bank
may obt ain an int raday f acilit y, w het her in t he f orm of LFI-RTGS or FLI-Kliring, af t er signing an agreement f or
use and collat eral securit y of FLI and submit t ing t he required supporting documents to Bank Indonesia. FLIS
received by a Banks shall apply t he m udharabah principle.
A Bank may use FLIS subject t o meet ing t he f ollow ing requirement s:
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Holds SWBIs, securit ies, andor claims issued by t he government based on sharia principles t hat may
be used as collat eral;
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Is not under suspension as member Bank of t he BI- RTGS an d o r m em b er o f t h e BI-SSSS, an d o r
t erminat ed as member of t he SKNBI, and
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Is not under imposit ion of sanct ions prevent ing it from obt aining t he FPJPS.
5. Bank Indonesia Rupiah Deposit Facility FASBI