EAC partners adopt seamless pay system

Koborer · 2013-12-04T13:34:52+00:00

IN SUMMARY Kenya, Tanzania and Uganda central banks have interconnected their payment systems The system works in a similar fashion to the real time gross settlement system Rwanda and Burundi are expected to join the integrated regional payment system at a later date The new payment system comes days after the five presidents of the economic bloc signed the Monetary Union Protocol which is intended to result in a single currency in 10 years time EAC partners adopt seamless pay system - Money Markets - businessdailyafrica.com

Thread starter Koborer
Start date Dec 4, 2013

Koborer

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EAC partners adopt seamless pay system

Koborer

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