Central Banking

Eurozone’s faster payments system to link with Singapore and Malaysia


The payments systems of Singapore, Malaysia and the eurozone will be connected together in an experimental proof of concept run by the Bank of International Settlements.

In a speech given at the Singapore fintech festival, BIS general manager Agustín Carstens announced the project as the next step of the BIS’s Project Nexus.

“The BIS Innovation Hub will be working with the Monetary Authority of Singapore, the Bank of Italy and the Central Bank of Malaysia,” he said.

The idea behind Project

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: