Hong Kong Monetary Authority

09/24/2026 | Press release | Distributed by Public on 09/23/2026 21:02

Hong Kong Monetary Authority and Bank Indonesia Strengthen Cooperation in Cross-Border Payments

Hong Kong Monetary Authority and Bank Indonesia Strengthen Cooperation in Cross-Border Payments

Press Releases

24 Sep 2026

Hong Kong Monetary Authority and Bank Indonesia Strengthen Cooperation in Cross-Border Payments

The Hong Kong Monetary Authority (HKMA) and Bank Indonesia (BI) today (24 September) signed a Memorandum of Understanding (MoU) to strengthen cooperation on Quick Response (QR) code-based cross-border payments.

The HKMA and BI seek to strengthen bilateral ties and establish effective cooperation mechanism to promote faster, more affordable, transparent, and inclusive cross-border payments between Hong Kong and Indonesia. Under the MoU, the two parties will hold dialogues on relevant technical, operational and regulatory matters, and explore arrangements to facilitate the interoperability of QR code-based cross-border payments between the two places.

Hong Kong Monetary Authority
24 September 2026

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