Regulatory Alerts2024-01-01
Fast Payments Directive 2 of 2024 – Amendment to Fast Payments Directive 1
The Central Bank of Eswatini issued Fast Payments Directive 2 of 2024 to amend domestic transaction routing requirements for payment service providers. Effective November 15, 2024, all domestic Off-Us transactions up to E50,000 must route through the Eswatini Payment Switch, while amounts exceeding this threshold continue via existing clearing channels. Participants must fully comply with all network, operational, and procedural participation requirements by January 31, 2025.
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