Central Bank of Mongolia launched new generation RTGS system

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20 Feb'2018

Central Bank of Mongolia launched new generation RTGS system

Ulaanbaatar, Mongolia, February 20, 2018. Central Bank of Mongolia (Mongolbank), in cooperation with Asian Development Bank (ADB) and CMA Small Systems AB (CMA) successfully launched new generation of RTGS system. First version of RTGS system supplied by CMA was implemented by Mongolbank in 2009. This year the system was upgraded to support latest technologies and business features such as:

  • System performance and reliability was significantly improved,
  • New business features related to liquidity management, currency exchange etc. were introduced in the system,
  • New generation of Mongolbank RTGS supports latest version of ISO20022 standard as well as national standard for IBAN.

Mongolian version: https://www.mongolbank.mn/news.aspx?tid=1&id=1858