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Central Bank reports on instant payments through Swift

Central Bank reports on instant payments through Swift

He Central Bank of the Dominican Republic (BCRD) reported this Thursday that the platform instant payments will be intermittent next Saturday October 5 because the Corporation Swift will carry out its usual global business continuity exercise on its platform.

According to a statement from the highest monetary authority, the process will be carried out between 12:00 noon and 11:00 at night on Saturday, which is why it calls on economic agents, financial intermediation entities and the general public to be attentive.

Swiftbased in Brussels, Belgium, is the company responsible for providing financial communication services to entities around the world, including the operation of payment flows in the Dominican Republic.

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He Central Bank He apologized to users for any inconvenience this exercise may cause and asked for their understanding. Furthermore, he highlighted that these exercises are essential to guarantee the quality of payment courier service that offers Swift.

  • In that order, he specified that this exercise ensures the continuity and security of financial transactions at a global level.

This type of testing aims to maintain the stability and efficiency of the payment system, being a fundamental pillar in the management of financial operations that are carried out daily in the country and the world.

The service of instant payments from the BCRD It is a key tool that allows users to make bank transfers in real time, facilitating agility and security in transactions.

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