2014-10-24 | 884874433

Banking Circular No 6 of 2014 - Integration of the National Bank of Rwanda into the East African Payment System (EAPS)

The National Bank of Rwanda has been integrated into the East African Payment System (EAPS), enabling transactions between Rwanda, Kenya, Uganda, and Tanzania. EAPS, which went live in November 2013 and was officially launched in May 2014, is part of East Africa's efforts to modernize cross-border payments and facilitate trade in the region. The Central Bank of Kenya encourages commercial banks to promote the use of EAPS to enhance the safety and security of regional payment systems.

Kenya

Central Bank of Kenya

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