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NewsMontenegro, the value of realized payment transactions in December amounted to EUR...

Montenegro, the value of realized payment transactions in December amounted to EUR 2.17 billion

Podgorica – The value of realized payment transactions for 23 working days in December amounted to EUR 2.17 billion, which is 28 percent more than in November, data from the Centralna Banka Crne Gore (CBCG) show.

Of that, 94.48 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 December, 1.27 million orders were processed in 23 working days, of which 37.17 percent in the RTGS system, and the rest in the DNS system,” according to the CBCG report.

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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 55.15 thousand orders, while the average daily value of payment transactions amounted to EUR 94.27 million. In December, for 12.54 thousand minutes of production, there were no interruptions in the operation of the system, so its availability was 100 percent.

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