◆ClearingPost

BI-FAST

FPS

Indonesia's national instant payment system. 24/7/365. Max IDR 250M per transaction. Replaces the batch-based SKNBI system. Supports credit transfers, direct debits, and proxy addressing (phone/email). ISO 20022 native. Part of Indonesia Payment System Blueprint (BSPI) 2025.

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether BI-FAST is running normally.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for BI-FAST.

ClearingPost holds sourced upcoming items for 10 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for BI-FAST in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources No status page recorded · 10 of 15 fields carry a source and a recorded date · latest sourced entry recorded 8 Jul 2026 · evidence details ↓

Record · BI-FAST

Country
Indonesia (ID)
Currency
Indonesian Rupiah (IDR)
Operator
Bank Indonesia
Type
FPS
Operating Window
24/7/365
Year Established
2021
Tier?
Tier 1
ISO 20022?
Native
Region
Asia-Pacific
Settlement Type?
Gross
Participants
135+ banks and non-bank institutions
Avg Daily Transactions
~14.8M (Q4 2025: 1,358.65M in quarter, +30.4% YoY)
Avg Daily Value
~Rp37.4T (~$2.3B, Q4 2025)
Availability
24/7/365
Notes

CASCADE UPDATE (July 2026): India and Indonesia announced bilateral UPI-QRIS cross-border payment link, enabling Indian UPI users to pay at QRIS merchants in Indonesia and Indonesian users to pay at UPI merchants in India. QRIS operates on BI-FAST infrastructure. Source: ClearingPost article (July 8, 2026).

Operations · BI-FAST

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.

Intelligence for BI-FAST (1)

Coverage whose headline or summary names BI-FAST, or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the BI-FAST operator or external.

Not listed here: 2 tagged articles that do not mention BI-FAST. All coverage is in Insights.