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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.


NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in December 2016
2017-01-04 14:06:00.0 In the course of 22 business days in December 2016, total 19.6 million payments were processed in the NBS RTGS...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in November 2016
2016-12-01 14:45:09.0 In the course of 21 business days in November 2016, total 18.1 million payments were processed in the NBS RTGS...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in October 2016
2016-11-02 13:17:43.0 In the course of 21 business days in October 2016, total 17.2 million payments...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in September 2016
2016-10-03 16:00:18.0 In the course of 22 business days in September 2016, total 16.4 million payments were processed in the NBS...
 
NBS RTGS and Clearing System Turnover and Interbank and International Clearing of Foreign Exchange Payments in August 2016
2016-09-02 14:45:34.0 In the course of 23 business days in August 2016, a total of 16.9 million payments...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in July 2016
2016-08-01 14:30:09.0 In the course of 21 business days in July 2016, a total of 16.3 million payments were processed in the NBS RTGS...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in June 2016
2016-07-04 10:11:16.0 In the course of 22 business days in June 2016, total 16.9 million payments were processed in...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in May 2016
2016-06-01 13:44:36.0 In the course of 20 business days in May 2016...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in April 2016
2016-05-04 14:12:29.0 In the course of 20 business days in April 2016, total 15.9 million payments...
 
NBS RTGS and clearing system turnover and interbank and international clearing of foreign exchange payments in March 2016
2016-04-04 14:14:58.0 In the course of 23 business days in March 2016, 16.9 million payments were processed in the...
 
Related Topics...
Regulations
Law on Payment Services
Red Book - Serbia
Account Numbers and Bank Identification Codes of Participants in the NBS RTGS and Clearing System
Banks Participating in the Clearing of International Payments