Regulatory Alerts2016-01-01
Decision on Amendments and Supplements to the Decision on Determining Operational Rules for Real-Time Gross Settlement
The Governing Board of the Central Bank of Bosnia and Herzegovina issued this Decision to amend the operational rules for Real-Time Gross Settlement (BPRV). The amendments define RTGS participants as the Central Bank and banks meeting specific technical and regulatory conditions, including SWIFT membership and approved payment business status. It establishes detailed procedures for account opening, system testing, and liquidity management, including the Central Bank's authority to transfer funds from reserve accounts to settlement accounts during direct debit shortfalls.
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