PT Bank Negara Indonesia (Persero) Tbk or BNI continues to prove its position as a global national bank by helping to facilitate financial transactions for Indonesian Migrant Workers (PMI) through remittance services.
BNI Corporate Secretary Okki Rushartomo conveyed that the trend of remittance transactions throughout 2024 showed stable growth, mainly supported by the availability of BNI's remittance service network in various countries.
"The strength of BNI's overseas office network coupled with our digitalization progress, makes BNI the bank of choice for Indonesian Migrant Workers in facilitating financial transactions, one of which is in meeting the needs of their families in Indonesia," said Okki in a press release.
The contribution of Indonesian Migrant Workers remittances to BNI's business is very significant, especially in supporting the growth of international transactions and strengthening liquidity.
Remittance transactions made by Indonesian Migrant Workers at BNI reached 4.1 million or 80% of the total remittance transactions in 2024.
In the future, the prospect of remittance transactions for BNI's business is expected to continue to increase along with the increasing number of PMI, expansion of the international office network, and adoption of digital technology that facilitates cross-country fund transfers.
"In addition to efforts to improve international services, the government has also formed the Ministry of Protection of Indonesian Migrant Workers which is a partner of BNI in helping smooth PMI transactions," he said.
Okki added that his party will continue to conduct routine outreach to all PMI, especially in improving financial literacy, business skills, and access to banking and investment services.
Currently, BNI has a remittance service for PMI through the BNI Taplus PMI G2G and Smart Remittance products, where BNI Taplus PMI G2G is a savings product equipped with a PMI edition card.
"This card can be used to make financial transactions at ATMs, while Smart Remittance is a foreign exchange transfer service that can be done through BNI Mobile Banking or wondr by BNI," concluded Okki.