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NewsMontenegro, The value of realized payment transactions for 20 working days in...

Montenegro, The value of realized payment transactions for 20 working days in January amounted to EUR 1.17 billion

The value of realized payment transactions for 20 working days in January amounted to EUR 1.17 billion, which is 46 percent less than in December, according to data from the Central Bank (CBCG).

Of that, 94.3 percent was realized in the Real Time Gross Settlement (RTGS) system, and the rest in the Deferred Net Settlement (DNS) system. In the RTGS system, individual payment transactions between participants are performed on a gross basis in real time, and in the DNS system, interbank payment transactions are made on a net basis in delayed time.

“In January, in 20 working days, 795.42 thousand orders were executed, of which 35.09 percent in the RTGS system, and the rest in the DNS system,” the CBCG report states.

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The average daily volume of realized payment transactions in the RTGS and DNS system, expressed through the number of orders, amounted to 39.77 thousand orders, while the average daily value of payment transactions amounted to EUR 58.33 million. In January, for 10.9 thousand minutes of production, there were no downtimes in the system, so its availability was 100 percent.

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