Central Bank of Liberia
Implementation of RTGS System (RTS/X) and SSS (DEPO/X)
About
Liberia, Monrovia
February 2016
CMA had completed the project for providing the Central Bank of Liberia with CMA’s Real Time Gross Settlement (RTGS) and Scripless Security Settlement (SSS) systems. After the Central Bank of Liberia has joined the West African Monetary Zone (WAMZ), it became part of the project initiative of the Payment System Development program in the West African Monetary Institute (WAMI).
For the entire community, the new system will allow fulfilling their regional and national objectives, including improvement of the financial intermediation efficiency, a better systemic risks management in the financial sector, and easier liquidity management, which will ease monetary policy implementation.