Regulation Watch · Business Licensing · Indonesia. The amendment applies to qualifying natural-resource exporters whose transactions fall within the special DHE SDA provisions for a bilateral trade agreement, memorandum of understanding or other trade arrangement, together with the banks designated for that implementation.
BI Activates Special DHE Oversight for Bilateral-Trade Exports
PBI 8/2026 gives Bank Indonesia an express basis to supervise qualifying natural-resource exporters under the special bilateral-trade DHE regime and applies the coordinated implementation to export declarations issued from 1 September 2026.
- Published
- Bank Indonesia established PBI 8/2026 on 29 September 2026 and lists it in the official JDIH as in force from 30 September 2026. The official regulation page and explanatory materials were updated online on 8 October 2026. The related PP 21/2026 was established and promulgated on 6 May 2026 in State Gazette 2026 No. 50 and Supplement No. 7175.
- Effective
- 30 September 2026. The coordinated special implementation applies to Export Customs Declarations (Pemberitahuan Pabean Ekspor or PPE) issued from 1 September 2026.
- Added to Watch
- 8 October 2026
Who is affected
PT PMA and PT PMDN natural-resource exporters, foreign and Indonesian shareholders and directors, exporters operating under a qualifying bilateral trade arrangement, designated Indonesian banks, and finance, treasury, customs, trade, legal and compliance teams responsible for export proceeds and SiMoDIS reporting.
Practical impact
Bank Indonesia may take input from and coordinate with ministries and agencies when designating the bank used for the special DHE SDA implementation. It now has an express supervisory basis for natural-resource exporters that meet the special-regime criteria, and the inter-agency implementation applies by reference to PPE issued from 1 September 2026. The amendment does not place every exporter into the special route and does not create a new universal retention percentage or standalone filing: an exporter must first establish that its trade and PPE fall within the qualifying government arrangement, then follow the designated-bank and existing DHE SDA controls applicable to that transaction.
Bank Indonesia established PBI 8/2026 on 29 September 2026 and made it effective on 30 September. The official BI page was updated on 8 October with the regulation summary, signed instrument, frequently asked questions and supporting archive. The amendment is the third change to PBI 7/2023 on export proceeds and import-payment foreign exchange.
The amendment supports the special DHE SDA provisions for natural-resource exports carried out under a bilateral trade agreement, memorandum of understanding or other trade arrangement. The government basis is Article 18A of PP 36/2023 as most recently amended by PP 21/2026. This is a targeted route: the existence of an export, a foreign buyer or PT PMA status alone does not establish that the special provisions apply.
PBI 8/2026 makes two institutional changes material to exporters. Bank Indonesia may consider input or coordination results from other ministries and agencies when designating the bank for the special implementation, and the regulation expressly authorises BI supervision of natural-resource exporters that meet the relevant criteria. It also states that BI will take account of or coordinate with the competent ministries and agencies when implementing DHE SDA policy.
Timing is tied to the customs declaration. BI states that the coordinated special implementation applies to PPE issued from 1 September 2026. Exporters should therefore isolate September declarations and later PPE, map them to the government trade arrangement relied on and confirm the designated bank before deciding how the proceeds may be received, placed, used or converted.
PBI 5/2026 remains part of the underlying framework. It limits ordinary DHE SDA receipt and placement to state-owned banks, adds specified foreign-currency government securities as placement instruments, regulates rupiah conversion and gives BI authority to designate a bank for the special bilateral-trade route. PBI 8/2026 does not restate those rules or create a new general retention percentage; it activates the coordinated application and supervisory basis for the qualifying special cases.
The practical control is a transaction-level evidence file. The PPE, export contract and invoice, customs data, qualifying trade-arrangement basis, designated-bank confirmation, receipt and account records, placement or use, conversion and SiMoDIS data should reconcile. Where the route or bank designation is uncertain, the exporter should obtain written confirmation before moving funds rather than attempting to correct the classification after a supervisory query.
Required action
- Identify every natural-resource export linked to a bilateral trade agreement, memorandum of understanding or other government-recognised trade arrangement, and document whether the exporter and transaction meet the special-regime criteria.
- Separate PPE issued from 1 September 2026 from earlier declarations, because the coordinated special implementation applies from that PPE date even though PBI 8/2026 itself took effect on 30 September.
- Confirm with the relationship bank which bank Bank Indonesia has designated for the relevant special implementation before directing, placing, using or converting the export proceeds; do not assume that an existing account or ordinary DHE route is sufficient.
- Reconcile the PPE number and date, export value, customs and trade documents, proceeds received, bank account, placement or use, any rupiah conversion and the data reported through SiMoDIS or another required channel.
- Keep the company's registered SiMoDIS email and responsible officers current, monitor the account and inbox, and answer any Bank Indonesia reminder or clarification with complete evidence within the period stated in the notice.
- Where eligibility, bank designation or treatment of a September PPE is unclear, obtain written confirmation from the designated bank or Bank Indonesia before moving the funds or treating the transaction as compliant.