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| Payment System | ||
Payment System
In the broadest sense of the term, payment system is a set of systems enabling transfer and circulation of funds. To perform its role successfully, the payment system must fulfill three prerequisites. One is that the financial assets should be kept in payment transaction channels for as short a time as possible. The second involves reliability and implies secure performance of transactions and uninterrupted availability, while the last, but not the least, is the affordability of the prices of these services.
Considering that the payment system strongly influences the velocity of flows in the economy, overall costs and liquidity of participants, and that it serves as a monetary policy transmission channel (disruptions in the payment system could compromise public confidence in the financial system as a whole), it comes naturally that the central bank should be the one highly interested in ensuring its efficient functioning.
In fact, one of the key legally-mandated functions of the National Bank of Serbia is to regulate, oversee and promote smooth operation of the national payment system.
| Performance of RTGS and Clearing System and Interbank Clearing of Foreign Exchange Payments in December 2011 |
| 09.01.2012. In the course of 22 business days in December 2011, a total of 18.6 mln payments... |
| Performance of RTGS and Clearing System and Interbank Clearing of Foreign Exchange Payments in November 2011 |
| 05.12.2011. In the course of 22 business days in November 2011, a total of 17.1 mln payments were processed in the NBS RTGS (11.3 mln or 65.8%) and clearing system (5.9 mln or 34.2%)... |
| Performance of RTGS and Clearing System and Interbank Clearing of Foreign Exchange Payments in October 2011 |
| 04.11.2011. In the course of 21 business days in October 2011, a total of 16.9 mln payments were processed in the NBS RTGS (11.3 mln or 67%) and clearing system (5.6 mln or 33%)... |
| Performance of RTGS and Clearing System and International Clearing of Foreign Exchange Payments in September 2011 |
| 03.10.2011. In the course of 22 business days in September 2011, a total of 16.7 million payments were processed in the NBS RTGS (11 million or 65.7%) and clearing system (5.7 million or 34.3%)... |
| Performance of RTGS and Clearing System and Interbank Clearing of Foreign Exchange Payments in August 2011 |
| 05.09.2011. In the course of 23 business days in August 2011, a total of 17.5 million payments were processed in the NBS RTGS (11.4 million or 65.4%) and clearing system (6 million or 34.6%)... |
| Performance of RTGS and Clearing System and Interbank Clearing of Foreign Exchange Payments in June 2011 |
| 04.07.2011. In the course of 22 business days in June 2011, a total of 18 million payments were processed in the NBS RTGS (11.8 million or 65.68%) and clearing system (6.2 million or 34.32%)... |
| Performance of RTGS and Clearing System and Interbank Clearing of Foreign Exchange Payments in May 2011 |
| 01.06.2011. In the course of 20 business days in May 2011, a total of 17.5 million payments were processed in the NBS RTGS (11.3 million or 64.5%) and clearing system (6.2 million or 35.5%)... |
| Performance of RTGS and Clearing System and Interbank Clearing of Foreign Exchange Payments in April 2011 |
| 05.05.2011. In the course of 19 business days in April 2011, a total of 16.3 million payments were processed in the NBS RTGS (10.9 million or 66.7%) and clearing system (5.4 million or 33.3%)... |
| Performance of RTGS and Clearing System and Interbank Clearing of Foreign Exchange Payments in March 2011 |
| 05.04.2011. In the course of 23 business days in March 2011, a total of 17.9 million payments were processed in the NBS RTGS (11.7 million or 65.1%) and clearing system (6.2 million or 34.9%)... |
| Performance of RTGS and Clearing System and Interbank Clearing of Foreign Exchange Payments in February 2011 |
| 02.03.2011. In the course of 19 business days in February 2011, 15.2 million payments were processed in the NBS RTGS (10.3 million or 67.8%) and clearing system (4.9 million or 32.2%)... |
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