ID and Cash Limits for Buying Gold in Indonesia

Indonesian jewellers and precious-metal dealers must report to PPATK, the financial intelligence unit, any customer transaction worth Rp500 million or more, in one go or added up over one day, however you pay. There is no legal cap on cash: a bill to limit cash payments to Rp100 million has been proposed for years but isn't law.

Facts checked 31 October 2026 · Not financial, legal or tax advice

At a glance

Situation	Rule	Notes
Buying	ID check expected from Rp100 million.	Identity document (NIK, driving licence or passport) plus a copy of your NPWP tax card.
Paying cash	No legal cap.	A cash limit of Rp100 million is in a bill that hasn't been passed.
Selling	Same Rp500 million report.	Selling to a bullion bank: 0.25% PPh 22 withheld above Rp10 million.
Reported	Transactions of Rp500 million+ within 14 working days.	Covers rupiah or foreign currency and same-day totals, not only cash. Suspicious deals are reported within 3 working days.

The rules in detail

Under the anti-money laundering law (Law 8 of 2010), dealers in gems, jewellery and precious metals are 'other goods and services providers' that report to PPATK.
PPATK Regulation 2 of 2021 (goAML reporting) requires them to report any transaction by a customer in rupiah or foreign currency worth Rp500 million or more, including deals that add up to that in one day. The report is due within 14 working days; suspicious transactions are due within 3 working days, at any amount.
PPATK Regulation 7 of 2017 sets the customer checks: an identity document with your NIK, driving licence or passport, a copy of your NPWP card and a specimen signature. The checks apply when a relationship starts, for transactions of Rp100 million or more, when something is suspicious, or when the dealer doubts your details.
A bill to restrict cash payments (RUU Pembatasan Transaksi Uang Kartal, with a proposed limit of Rp100 million) has sat on parliament's long-list since 2015 without being passed.

When you sell

A sale of Rp500 million or more to a dealer is reported, whether you are paid in cash or by transfer.
Since 1 August 2025 (PMK 51 and 52 of 2025), a bullion bank buying your gold withholds 0.25% income tax (PPh 22) above Rp10 million. Final consumers buying gold bars from a bullion bank pay no PPh 22.

Silver

Precious-metal (logam mulia) dealers are covered in general, so the same Rp500 million report applies to silver.

Regulation 7 of 2017 lists the Rp100 million trigger alongside professional services (property, money management and company formation), so how it applies to a jeweller's ordinary sales isn't spelt out. Treat Rp100 million as the point at which dealers are expected to identify you, not as a firm legal line.

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Gold ID and Cash Limits in Indonesia: FAQ

Do gold shops in Indonesia report to PPATK?

Yes. Jewellery and precious-metal dealers must report any customer transaction of Rp500 million or more, including same-day totals, within 14 working days, whether paid in cash or by transfer.

Is there a cash limit for buying gold in Indonesia?

No. A bill to cap cash payments at Rp100 million has been proposed since 2015 but hasn't been passed.

Is tax withheld when I sell gold in Indonesia?

If you sell to a bullion bank, it withholds 0.25% income tax (PPh 22) on sales above Rp10 million. Sales up to Rp10 million are exempt.

Sources (5)

General information for individuals buying or selling gold, checked October 2026. Rules change and dealers may ask for more than the legal minimum; check with the dealer or the regulator. Not legal advice.