Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)

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Bank’s Legal Responsibility for Creating Term Deposits That Are not Recorded in the Bookkeeping System

Authors
Devia Anjasari1, *, Johannes Ibrahim Kosasih1, I Made Arjaya1
1Faculty of Law, Universitas Warmadewa, Denpasar, Indonesia
*Corresponding author. Email: deviaanjasari1@gmail.com
Corresponding Author
Devia Anjasari
Available Online 31 December 2023.
DOI
10.2991/978-2-38476-180-7_41How to use a DOI?
Keywords
Time Deposits; Contractual Relationship; Legal Responsibility
Abstract

Banking is one of the fastest growing business and can support national economy so trust can be the most valuable thing in this business. Bank as a fundraiser, they provide various type of fund placement eg deposits. In this jurnal will discuss about time deposits. Time deposits placement is an example of contractual relationship between the Bank and the customer and evidenced by the issuance of time deposits bilyet who held by customers as depositors. Based on Financial Services Authority (OJK) regulations Number 10/POJK.03/2015 on the Issuance of Deposit Certificates by Banks in Article 9 Sect. (1), that Banks are required to record the first ownership of time deposits in the form of bank draft. This process is a form of the bank’s responsibility in applying the principles of prudence and trust. In case Number 170/Pdt.G/2021/PN Mks, BNI customers filed a lawsuit against BNI Branch of Makasar for defaulting on the placement of time deposits. However, in this case, the panel of judges decided that the defendant was exempt from responsibility to fulfill the plaintiff’s demands.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
31 December 2023
ISBN
10.2991/978-2-38476-180-7_41
ISSN
2352-5398
DOI
10.2991/978-2-38476-180-7_41How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Devia Anjasari
AU  - Johannes Ibrahim Kosasih
AU  - I Made Arjaya
PY  - 2023
DA  - 2023/12/31
TI  - Bank’s Legal Responsibility for Creating Term Deposits That Are not Recorded in the Bookkeeping System
BT  - Proceedings of the International Conference on “Changing of Law: Business Law, Local Wisdom and Tourism Industry” (ICCLB 2023)
PB  - Atlantis Press
SP  - 372
EP  - 382
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-180-7_41
DO  - 10.2991/978-2-38476-180-7_41
ID  - Anjasari2023
ER  -