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BI to freeze bank accounts linked to online gambling

BI to freeze bank accounts linked to online gambling

Jakarta (ANTARA) – Deputy Governor of Bank Indonesia (BI), Juda Agung, has assured that the central bank will freeze bank accounts affiliated with online gambling in cooperation with payment service providers, both banks and non-banks.

“Payment service providers, both banks and non-banks, must have fraud detection systems (in place) to identify accounts used for online gambling transactions and other fraud,” he said at a press conference at the office of the Ministry of Communication and Digital Affairs here on Thursday.

After a payment service provider detects an account suspected of being involved in online gambling, the account must be reported to BI immediately.

The account will be traced by BI and frozen. That way, the account holder will no longer be able to withdraw money or use the account for transactions.

Agung explained that so far, BI has frozen 7,500 accounts linked to online gambling.

The central bank is also continuing to carry out the dissemination of information regarding the risks of online gambling to the community.

“We continue to educate them through television and social media,” he affirmed.

He assured that the BI will continue to take action against bank accounts affiliated with online gambling until online gambling activities are eliminated in the country.

On the same occasion, Communication and Digital Affairs Minister Meutya Hafid said that this month, the online gambling eradication desk has submitted 651 requests for blocking bank accounts connected to online gambling activities.

She added that solid cooperation with banks is expected to narrow the scope of online gambling activities.

Hafid further said that as many as 104,819 sites related to online gambling have been taken down since the formation of the online gambling eradication desk on November 4, 2024.

“If we count from October 20, or the start of the new government, the number has reached around 380 thousand,” she added.

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Translator: Walda M, Genta T, Raka A
Editor: Aditya Eko Sigit Wicaksono
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