PPATK blocked 2024 28 thousand passive accounts

Jakarta – The Financial Transaction Reporting and Analysis Center (PPATK) revealed that he temporarily rejected 28,000 passive or dormant accounts during 2024. The passive account data has now been taken by the banking party. Head of PPATK Ivan Yustiavandana said the move was performed in accordance with the Number 8 Act on the prevention and eradication of money laundering. “This step is an implementation of the national movement for prevention and eradication of money laundering and financing of terrorism committed by PPATK and other stakeholders,” Ivan said. Browse to continue the content, Ivan explains that Dormant is a bank term used to describe a bank account that has not been transactions for a long time, such as withdrawal, deposit or transfer in a certain period. Temporary blocking, says Ivan, was also carried out as part of the PPATK effort to protect the public interest, as well as maintain the integrity of the Indonesian financial system. “Temporary termination of dormant account transactions aims to provide protection to owners of account, as well as preventing abuse by irresponsible parties,” he explained. According to Ivan, a passive version controlled by irresponsible parties can be one of the vulnerable ways used in illegal activities. The dormant account is often used for online gambling deposits, fraud and narcotics trading. He said that the temporary termination of 28,000 accounts aimed at giving notice to clients related to the passive status of the account, and that the heirs or company leaders were informed for corporate clients if the account was unknown. (YGS/YGS) HOEGENG Awards 2025 Read the inspiring story of the exemplary police candidate here