Central Banking

Bahamas central bank wants modern payments system

The Bahamas central bank has proposed installing a "real time gross settlement system". The bank has invited bids from system suppliers and hopes to implement the project by April 2004.

Source: Nassau Guardian

The Central Bank proposes installing a "real time gross settlement system" (RTGS) as part of a drive to modernize The Bahamas' payments methods.

With an implementation date of April 1, 2004, the project is entering the systems acquisition and implementation phase, and the bank is invites

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