Regulatory Alerts2010-08-13
Bank Indonesia Regulation No. 12/14/PBI/2010 Concerning Revocation and Withdrawal from Circulation of the 1991 Issue of Rp 25 Coins
Bank Indonesia has revoked and withdrawn from circulation the 1991 issue of Rp 25 coins, declaring them invalid as legal tender effective August 31, 2010 due to their low public usage and intrinsic value exceeding face value. Holders may exchange the withdrawn coins at Bank Indonesia offices and commercial banks until August 30, 2015, after which exchanges will be restricted exclusively to Bank Indonesia locations. All rights to claim an exchange for these coins will expire on August 31, 2020, exactly ten years following the revocation date.
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