Legal Protection for Consumers and Organizers in Organizing Non-Bank International Money Transfers (Cross Border Remittance)

Ade Rizki Saputra; Mira Gunati; Ryan Faisal

doi:10.55927/fjsr.v3i4.8960

Authors

Ade Rizki Saputra Universitas Laglangbuana Bandung
Mira Gunati Universitas Laglangbuana Bandung
Ryan Faisal Universitas Laglangbuana Bandung

DOI:

https://doi.org/10.55927/fjsr.v3i4.8960

Keywords:

Regulation, Supervision, International Remittances, Non-Banking, Consumer Protection, Government Agencies, Compliance, Technological Innovation

Abstract

This research investigates the regulatory and supervisory system for non-bank international remittance service providers within the applicable legal framework. Through a descriptive-analytical approach, this research explores legal protection mechanisms for consumers and the role of government institutions in ensuring compliance and protection of consumer interests and market stability. Data was collected through analysis of regulatory documents, literature, and interviews with experts in the financial industry. The research findings highlight challenges in implementing regulations, a lack of consumer awareness, and the need for technological innovation to strengthen monitoring and reporting of financial transactions. Recommendations include strengthening international cooperation, consumer education, strengthening compliance and law enforcement, technological innovation, and collaboration with industry

Downloads

Download data is not yet available.

References

Artina, N. (2022, March). Pengaruh Tenaga Kerja Indonesia, Remitansi, Dan Inflasi Terhadap Pertumbuhan Ekonomi Di Indonesia. In Forbiswira Forum Bisnis Dan Kewirausahaan-Sinta 4 (Vol. 11, No. 2, pp. 338-357).

Dinar, C. L. (2020). Determinan Remitansi Dan Pengaruhnya Terhadap Pertumbuhan Ekonomi Indonesia (Doctoral dissertation, Universitas Airlangga).

Hamdi, S. (2021). Tantangan Migrasi, Pengelolaan Remitansi, dan Kekerasan terhadap Buruh Migran Perempuan Asal Lombok di Malaysia dan Arab Saudi. RESIPROKAL: Jurnal Riset Sosiologi Progresif Aktual, 3(1), 22-24.

Hamdi, S., Inderasari, O. P., Febriani, L., Haromain, N., Maulana, I., & Rahmawadi, I. (2023). Remitansi Pekerja Migran pada Masa Pandemi COVID-19 di Lombok Timur. Jurnal Kebijakan Pembangunan, 18(2), 135-148.

Mirdad, A. J., Remi, S. S., Hadiyanto, F., & Muljarijadi, B. (2023). Anaslisis Perilaku Konsumsi Rumah Tangga Penerima Remitansi Di Indonesia. Jurnal Mirai Management, 8(2), 290-296.

Nirmala, T., Suparta, I. W., & Anisa, S. (2022). Remitansi Dan Pertumbuhan Ekonomi: Studi Empiris Di 5 Negara ASEAN. REVENUE: Jurnal Manajemen Bisnis Islam, 3(2), 251-272.

Risnawati, R., & Tridakusumah, A. C. (2020). Kontribusi Remitansi Perempuan terhadap Rumah Tangga Petani di Kabupaten Indramayu. Mimbar Agribisnis: Jurnal Pemikiran Masyarakat Ilmiah Berwawasan Agribisnis, 6(1), 422-432.

Setiawan, H., Handra, H., & Ariyanto, E. (2023). Remitansi Internal dan Konsumsi: Implikasi bagi Kesejahteraan Rumah Tangga di Indonesia. Jurnal Informatika Ekonomi Bisnis, 1362-1367.