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Garuda Indonesia Uses Single Currency in IDR for International Airline Ticket Payment in Indonesia

Single Currency method in IDR for international airline ticket payment is applied start from Juli 1st 2015.

*Update: Effective September 1, 2015, the mandatory use of Rupiah (IDR) also applies to the purchase of Garuda Indonesia tickets of international routes departure from Indonesia.

Refer to Bank Indonesia Regulation No. 17/3/PBI/2015 about the obligation of using IDR as payment transaction in Indonesia, start from July 1st 2015, Garuda Indonesia will apply IDR for international airline ticket payment in Indonesia. That regulation will be applied by doing ticket payment conversion from foreign currency into IDR for international airline ticket payment in Indonesia.

As a Garuda Indonesia commitment for enforcing the regulation of the use of IDR as payment transaction in Indonesia, Garuda Indonesia will put currency information in IDR for any international airfare purchased in Indonesia.

The use of IDR as international ticket payment transaction in Indonesia will be applied to all channel distribution such as sales outlet, contact center, mobile apps, and travel agent. Therefore, Garuda Indonesia will use IDR for all airline ticket payment transaction for both International and Domestic Ticket.

The use of IDR as international ticket payment transaction is a corporate commitment to support the regulation of Bank Indonesia where Garuda has already implemented it and consistently use IDR for all transaction in Indonesia.

The use of IDR for international airline ticket payment in Indonesia, also in line with the instruction of Ministry of Transportation No IM3 / 2014 that regulate the use of IDR in doing all transportation transaction.

Related with that regulation, Garuda Indonesia has coordinated with “International Air Transport Association (IATA)” to ensure that the regulation could be implemented well. Together with IATA, Garuda Indonesia will develop supporting platform for the use of IDR as international ticket payment transaction in Indonesia that hopefully could be implemented in the early 2016.

 

Jakarta, 15 Juni 2015
PT GARUDA INDONESIA (Persero) Tbk.

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