New system of interbank payments is implemented in the Central Bank of Kosovo

Starting on July 1, 2016, the existing system of interbank payments in the CBK has been replaced with the new interbank payment system designed according to the latest standards in the field of payment systems. The implementation of this system is one of the key steps undertaken by the CBK to strengthen the stability and increase the efficiency of the financial sector and banking sector in particular. The new payment system is designed according to new international standards in the field of payment systems (ISO 20022), equipped with the most modern technology and best practices, turning Kosovo into one of the first countries to implement this standard.

For more information, please refer to the CBK web site link: