Regulatory Alerts2020-01-01
Operating Rules of the Central Bank of Montenegro Payment System
The Central Bank of Montenegro issues these rules to standardize procedures for the processing, clearing, and settlement of payment transactions within its RTGS and DNS systems. The document defines eligible participants, mandates technical and security requirements for system access, and establishes protocols for message validation, priority handling, and account management. It further regulates operational hours, the irrevocability of transfer orders upon settlement, and the mechanisms for reporting and resolving complaints regarding payment execution.
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