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RTGS Renewal Programme
This system is used to enable the exchange of value (payments) by members of the public, merchants, and corporate and government entities through accounts held by their banks at the SARB. The domestic payment settlement system has been in operation since 1998, while the regional payment settlement system was implemented by the SARB as a delegated operator, in collaboration with Southern African Development Community (SADC) central banks in 2013. The regional payment settlement system facilitates cross-border payments within the SADC region.
