Central Banking

Bank of Japan launches updated payments platform

The Bank of Japan

The Bank of Japan (BoJ) will launch its updated payments system, BoJ-NET, tomorrow (October 13), nearly six years after announcing the revamp.

The system, first launched in 1988, is used to process the settlement of funds and Japanese government bonds (JGBs). Updates taking effect this week include the introduction of ISO20022 and longer operating hours. 

The move, part of a push by the central bank and the government to spur demand for yen and financial assets overseas, follows the launch of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: