The Financial Transaction Reports and Analysis Center (PPATK) announced it will begin freezing dormant bank accounts—those inactive for at least three months—in an effort to safeguard the country’s financial system from misuse, including money laundering schemes.
The policy was revealed through PPATK’s official Instagram account, stating that accounts categorized as dormant will be temporarily blocked if they show no transaction activity for a minimum of three months.
“This measure also serves as a notification to customers, heirs, or companies that the account remains officially active despite prolonged inactivity. The step is taken to safeguard the integrity and security of Indonesia’s financial system,” the agency stated, as reported by CNN Indonesia.
According to PPATK, many inactive accounts have been exploited for illegal activities, including the buying and selling of bank accounts and money laundering. The institution emphasized that blocking these accounts is intended as a preventive measure and will not result in the loss of customer funds.
PPATK’s action aligns with Law No. 8 of 2010 on the Prevention and Eradication of Money Laundering (UU TPPU). The law permits financial authorities to halt suspicious transactions to protect the integrity of the banking system.
“To protect the public and the financial system, PPATK has temporarily suspended transactions on several dormant accounts,” PPATK stated via its Instagram post on July 23, 2025.
What Qualifies as Dormant?
PPATK explained that the definition of a dormant account varies depending on each bank’s internal policies, ranging from three to twelve months of inactivity. The policy applies to both individual and corporate accounts, including savings and checking accounts in either rupiah or foreign currency.
The agency clarified that dormant accounts are not new types of bank products but regular accounts that have become inactive over time. Despite being blocked, these accounts remain registered as active within the banking system, and their funds remain secure.
Customers who object to the freeze can request account reactivation by filling out an online form at bit.ly/FormHensem. After submitting the form, the account will be reviewed by the bank and PPATK, a process that typically takes up to five working days and may be extended by 15 days if additional information is required.
During this period, customers are advised to check their account status through mobile banking, ATMs, or directly at their bank branch.
PPATK also provided a contact number—0821-1212-0195 via WhatsApp—for further inquiries. The agency stressed that the policy aims to prevent misuse of dormant accounts and strengthen Indonesia’s financial security.
Source: CNN Indonesia, Tempo
Special Photo Credit: cyberralegalservices.com
