How do you guys invest?

[jstar]

It also works the other way around; quite some banks block access with VPN active.

 

[pantaiema]

I have been using my country's banks (without VPN) since I moved here more than 20 years ago . I just do few operations , basically to sell bonds and (nowadays) pay Wise to transfer the money to Indonesia .

If Indonesian Government block access (including with VPN) to my country's banks I will have to ask a relative to do that to me .

But I guess this would be improbable , because this blocking will probably not benefit Indonesia . Imagine if tourists cannot access their country's bank when in Indonesia , it would be very bad for the Indonesian international tourism businesses (1.5% to 2% of the Indonesian GDP according Google AI) .

I agree for blocking all of the VPNs it is highly unlikely. What I am thinking is that they might only do that for a very critical issue such as national security, supporting separatism, etc. But it is too small and not worthy to do that just to block access to offshore account, preventing capital flight.

It is structurally simple for VPN providers to reroute traffic. So if the Indonesian authorities naively starts clamping them down, it will trigger an endless cat-and-mouse game. The VPN Providers won't give up easily, the higher the censorship, the more demand skyrockets, giving them a massive financial reason to maintain their service.

For international tourists, they might still do it without access to their account online. For instance withdrawing money using foreign and credit & debit card via Indonesian ATM network. They could also call their overseas bank via online telephone banking.

 

[Helpful Herbert]

I read from other forums and social media that some people in Indonesia are using VPN to bypass restriction. If the authorities block one VPN they will switch it to another VPN which has not been blocked. It is relatively easy to switch the VPN but not so easy to switch the offshore Banks, Trading accounts. But this solution is not ideal either.

Does any practical contingency plans still exist if access to offshore accounts from Indonesia is cut off?

What you write doesn't make any sense. You seem to think that Indonesia is capable of blocking all the thousands of banks and trading platforms worldwide, and also all VPNs? And that they would want to?
While anything is possible, for example in a very high surveillance society like China or North Korea, the chances of that happening in Indonesia are so small as to be irrelevant.