2023-08-23

Procedures for Authorisation of Payment Service Providers

The Central Bank of Kenya's Real Time Gross Settlement System (RTGS) rules and procedures outline the settlement of funds between participants, including banks and financial institutions. The document covers eligibility criteria, roles and responsibilities, transaction routing, security, and dispute resolution. It also includes schedules with SWIFT codes, fees, and penalties.

Tags
payments
licensing
governance
aml
infosec
operational
fraud
data