Legal Protection for Deposit Customers Who Are Not Recorded after BPR’s Business License Is Revoked
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2024, Vol 7, Issue 06
Abstract
Third-party fund collectors by Rural Banks (BPR) using a pick-up service system bear the risk of internal bank misconduct leading to the omission of customer deposits in the BPR's records. The research method employed is normative research aimed at understanding the prudence principle in fund collection and legal protection for depositors. The research benefits society by enhancing their understanding of their rights as depositors in BPR. The discussion results indicate that customer identification principles Know Your Customer (KYC) embody the prudence principle in fund collection. The Financial Services Authority (OJK) mandates that BPR be accountable for customers harmed by internal misconduct. However, after liquidation, the Deposit Insurance Corporation (LPS) does not guarantee these affected customers. In conclusion, there is a legal vacuum in protecting depositors post-BPR liquidation. The lack of legal certainty in fund collection through pick-up service leads to compensatory relationships between customers and bank staff. Recommendations include amending LPS regulations to provide legal protection for affected bank customers and enhancing supervision in third-party fund collection.
Authors and Affiliations
Kadek Wenten , Johannes Ibrahim Kosasih , I Made Arjaya ,
Need assessment of Indonesian Language Textbooks Based on Merdeka Curriculum in Vocational Schools in Sambas Regency
The primary objective of vocational school education is to prepare students for the workforce. The independent curriculum includes provisions for preparing students for the workforce. One of them is found in textbooks, w...
Development of an Android-Based Rhythmicgym Application to Improve Rhythmic Gymnastics Skills of Junior High School Students in Yogyakarta
Aim of this research aim to develop an Android-based Rhythmicgym application to improve the rhythmic gymnastics skills of Yogyakarta City Middle School students. Method of this research use development (R&D). This resear...
Students’ Motivation and Academic Engagement in Alternative Learning System
Examining the factors that might have led students to continue the ALS program in spite of the difficulties they encountered is worth noting. This study sought to determine the level of motivation of ALS students in term...
Prevention of Induced Abortion - Effect on Pain. Systematic Review of a Database
Review of the current literature on pain prevention in induced abortion. An in - depth analysis of the guidelines of leading international and national organizations for prophylaxis of induced abortion-surgical and medi...
Optimization of Leg Muscle Power, Emotional Intelligence, and Achievement Motivation to Improve Football Performance
This study aims to reveal the effect of exogenous variables directly, causally and simultaneously on endogenous variables. This research method is a quantitative method using an ex-post facto research design. The sample...