Regulatory Alerts2022-10-07
Rules for the Operation of the Automated System for Interbank Money Transfers
The National Bank of Tajikistan issued these Rules to establish the legal and operational framework for the Automated System for Interbank Money Transfers, defining the roles, rights, and obligations of participating financial institutions. The document mandates specific procedures for system access, including the issuance of electronic digital signatures and banking identification codes, while outlining the technical and legal principles governing real-time gross settlement, net-position clearing, and instant payment modules. It further details the operational protocols for transaction processing, priority management, and the suspension or termination of participant status to ensure the stability and security of Tajikistan's financial infrastructure.