Key facts
- The National Bank of Georgia launched a modernized RTGS payment system.
- The system was developed in partnership with Montran.
- The upgrade enhances resilience, scalability, and ISO 20022 readiness.
- The initiative aims to advance Georgia's next-generation financial ecosystem.
The National Bank of Georgia (NBG) has officially launched its modernized Real-Time Gross Settlement (RTGS) payment system. This significant upgrade, developed in collaboration with Montran, is designed to bolster the resilience and scalability of the nation's payment infrastructure. The new system is also prepared for ISO 20022 compliance, a global standard for financial messaging. This initiative is a key step in advancing Georgia's financial ecosystem towards next-generation capabilities, aiming to provide a more robust and efficient platform for financial transactions within the country.