BI to Introduce Coin Deposit Machine

1 min readUpdated Jun 4, 2025Oct 6, 20162:09 AM

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Deputy Director of the BI Financial Management Department Asral Mashuri in Jakarta, Tuesday 4, 2016, said that Bank Indonesia (BI) is planning on implementing a coin deposit machine to ease people in saving the form of money.

“The machine would look like an ATM, but this one is for coins, and the machine can sort out the money; which is one thousand and one hundred. It would be easy for people to use,” he said.

According to Asral, nowadays, many people keep the coins and left it uncirculated. The uncirculated coins have forced BI to reprint it, although coins have a longer lifespan than paper money.

A coin deposit machine is hoped to help banking institutions in retracting the coins. “This also accelerates the money circulation, and later on, banking institutions can retrieve money from people’s savings,” Asral said.

He added that it will be implemented as soon as possible. The study is still ongoing; it will be realized but not in the coming months. “The machine will be available for the public to use soon as possible,” Asral said.

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What this means

Bank Indonesia's planned coin deposit machines are a pragmatic move to address a persistent currency circulation issue. By making coin deposits as convenient as ATM withdrawals, BI aims to reduce the burden of reprinting while ensuring small denominations remain actively used. This initiative could pressure banks to integrate similar self-service solutions, mirroring the digital push seen in payment systems across Asia. While the article notes that coins have a longer lifespan, their current under-circulation creates an inefficiency. If successful, this could reduce cash handling costs for retailers and improve customer experience. The key challenge will be widespread adoption, which depends on machine accessibility and user education. We await clarity on the initial rollout locations and the specific financial institutions involved.

Sarah Chen · Retail News Asia newsroom

Questions & Answers

What is the primary purpose of the new coin deposit machines?

The machines are intended to make it easier for people to save coins and help circulate money that is currently being kept uncirculated. This should reduce the need for Bank Indonesia to reprint coins.

How will the coin deposit machines function for users?

The machines will resemble ATMs but are specifically for coins. They will be able to sort coins, specifically one thousand and one hundred denominations, to simplify the deposit process for the public.

When can the public expect these coin deposit machines to be available?

The machines will be implemented as soon as possible, but the study is still ongoing. They will not be realised within the coming months, but Bank Indonesia hopes they will be available soon.

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