Modes of Bank Fund Transfer Crime in Digital Transactions

DOI

10.2991/assehr.k.211203.037How to use a DOI?

Keywords

Banking Crime; Financial Digitization; Fund Transfer

Abstract

Fund transfer is a form of banking service the public uses in carrying out their financial transactions. The digitalization era demands the role of bank institutions to improve their services through various forms, including e-banking, phone banking, Automated Teller Machine (ATM), transfers through real-time gross settlement systems, and others. The rise of banking crimes that occur today is caused by financial traffic that occurs very quickly through bank institutions with rapid mobility accompanied by high technology, which impacts financial traffic flow to be disguised so that it is difficult to trace it. Bank institutions are inseparable from the financial system, as a system of financial markets and a system of financial intermediaries. Along with the ease of financial transactions through the transfer of funds, many modes of crime emerged in the banking world. The modes of crime in banking are more focused on the phenomenon of victimless crimes with elements of mens rea. Legal norms regarding fund transfer transactions have been regulated in Law Number 3 of 2011 concerning Funds Transfer and Bank Indonesia Regulation Number 14/23/PBI/2012 concerning Funds Transfer. This research is normative juridical with a conceptual approach and statute approach. The research found that the mode of crime of digitalization requires ideal law enforcement in handling it so that trust in banks can be maintained.

Copyright

© 2021 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - I Made Aditya Mantara Putra
AU  - Johannes Ibrahim Kosasih
PY  - 2021
DA  - 2021/12/03
TI  - Modes of Bank Fund Transfer Crime in Digital Transactions
BT  - Proceedings of the 2nd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2021)
PB  - Atlantis Press
SP  - 167
EP  - 171
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211203.037
DO  - 10.2991/assehr.k.211203.037
ID  - Putra2021
ER  -