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KBLI Navigator/Section K/64996
KBLI 64996

Conventional Bullion Banking

Aktivitas Perbankan Bulion Konvensional

🏦 Section K — Financial & Insurance Activities

In Bali: a PT PMA cannot register this code

National procedure — does not apply to a PT PMA in Bali

In Bali this activity is reserved for MSMEs; a PT PMA (large enterprise) cannot register it. The national procedure below applies only to non-PMA operators.

✅Open· 100% nat'l · blocked in BaliLow RiskRenumbered🏝️🚫Closed in Bali (2026 moratorium)

This covers conventional banking activities that primarily accept deposits of precious metals (such as gold or silver) in bar or coin form and extend loans of those same metals. It does not include Islamic bullion banking, trading for one's own account, brokering, or custody/storage services.

What Changed

KBLI 2020→2025 mapping: codice rinumerato.

What You Need

Nationally this KBLI is 100% open for foreign ownership, but the Bali authorities have placed a moratorium on new PMA registrations due to its classification as a low/medium-low risk activity. As a result, you cannot establish a foreign-owned company under this code in Bali right now.

Who This Is For

Foreign entrepreneurs aiming to operate a conventional bullion bank—taking precious metal deposits and providing metal loans—though Bali is currently off-limits for PMA setup.

Licensing Overview
Risk LevelRendah
License TypeNIB
Foreign Ownership100% Open
ProcessingInstant
2020 → 2025
Previous codes (KBLI 2020): 64921— PP28 usa codice KBLI 2020 64921 (Pergadaian Konvensional...). Match: 87%
Common Questions
Can foreigners operate a conventional bullion banking business in Indonesia?
Nationally yes — but NOT in Bali. KBLI 64996 (Aktivitas Perbankan Bulion Konvensional) is TERBUKA (100% foreign ownership) at the national level, but a PT PMA currently cannot register it in Bali (reserved for UMKM / 2026 moratorium). Nationally TERBUKA but the Besar scale is 'Rendah' -> blocked by the Bali PMA moratorium (Gov. letter B.27.000/642, 13 May 2026: all Rendah/Menengah Rendah blocked for a Bali address). [NB-3 28 June 2026] Outside Bali it is open to a PT PMA with no local partner required.
What license is required for KBLI 64996?
KBLI 64996 has a Rendah risk classification. Required license: NIB. Processing time: Otomatis.
What is KBLI 64996?
KBLI 64996 is the Indonesian business classification code for "Aktivitas Perbankan Bulion Konvensional" (Conventional Bullion Banking). It falls under Section K of KBLI 2025, the Indonesian Standard Industrial Classification updated by BPS (Regulation 7/2025). The June 2026 KBLI 2025 transition window has closed; operators should verify the code's current OSS/NIB treatment before relying on it for licensing, reporting, or amendments.
How did KBLI 64996 change from KBLI 2020 to 2025?
KBLI 64996 was mapped from previous code 64921 (KBLI 2020). PP28 usa codice KBLI 2020 64921 (Pergadaian Konvensional...). Match: 87% The code was renumbered but the business activity scope is essentially unchanged. The June 2026 KBLI 2025 transition window has closed. If an NIB still relies on legacy KBLI 2020 mappings, treat the migration as overdue and verify/remediate the OSS record before new license applications, amendments, LKPM, import approvals, or investor/worker sponsorship.

Related Codes

64997Section K

Sharia Bullion Banking

Aktivitas Perbankan Bulion Syariah

→
🏝️🚫Closed in Bali (2026 moratorium)✅Open· 100% nat'l · blocked in BaliLow Risk
64995Section K★

Proprietary Carbon Unit Trading

Perdagangan Unit Karbon atas Nama Sendiri

→
🏝️✅Registrable in Bali✅Open· 100% Foreign
64999Section K

Other Financial Services (Non-Insurance, Non-Pension)

Aktivitas Jasa Keuangan Lainnya Ytdl, Bukan Asuransi dan Dana Pensiun

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64994Section K

Proprietary Financial Market Trading

Perdagangan di Pasar Keuangan atas Nama Sendiri

→
🏝️✅Registrable in Bali✅Open· 100% ForeignMedium-High Risk
64993Section K

Clearing & Settlement Counterparty Services

Aktivitas Counterparty untuk Kliring dan Setelmen Transaksi

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
64992Section K★

Sharia Venture Capital

Aktivitas Modal Ventura Syariah

→
🏝️✅Registrable in Bali✅Open· 100% ForeignHigh Risk
🏢

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