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Danmarks Nationalbank

Bankers to build European transfer system

The Swedish Central Bank wants to involve Swedish banks in the work of building up Target Instant Payment Settlement (Tips), a European system for instant transfers where different European currencies can be used. The Swedish banks are now invited by the Swedish Central Bank to participate in cooperation, testing, and discussions on how the service should be designed, according to a press release from the Swedish Central Bank.
Bankers to build European transfer system

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