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Mubasher: The Central Bank of Tunisia (CBK) is expected to enter the new system to transfer significant amounts to the operating stage by 2020, especially after the Bank is currently testing applications of modern solutions at a time when 2018 guaranteed about 198,000 conversions of 3.2 billion dinars.
The Tunisian Central Bank launched on 6 November 2006 the mbadive transfer system to prevent systemic and liquidity risks for the local banking system, according to the Watt News Agency.
He explained that the system allowed the conclusion of settlements, in particular transfers between banks and individuals and transactions in the spot market and other transactions..
According to the Central Bank of Tunisia, the system of transfer of large sums increased by 4% in volume of operations in 2018 and 59.3% in value.
In its 2018 Annual Report, the Bank noted that the recasting guidelines are primarily based on the integration of modern technologies and risk management..
A technical committee is currently studying the financial, functional and technical offer to modernize the national electronic compensation system by integrating technology based on multidimensional engineering and compliance. This modernization project includes the approval of the National Agency for Electronic Authentication of Clearing Center managed by the joint banking company,.
In 2018, the electronic exchange center made about 60 million transactions for 162 billion dinars, which represents an increase of 6.9% in volume and 15.9% in value compared to 2017..
As part of its plan to modernize its work for the coming years, the Central Bank of Tunisia plans to develop a website to manage the database of financial technology companies and to finalize the terms of reference for the digitization of its internal operations..
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