CBCS switches to Instant Payments. | SMN News

Willemstad/Philipsburg:—The Centrale Bank van Curaçao en Sint Maarten (CBCS) contracted equensWorldline SE, a subsidiary of Worldline, the European leader in the payments and transactional services industry, to introduce an Instant Payments (IP) clearing & settlement system (CSM) on top of their current CSM. That means that a major part of the interbank payments in Curaçao, Sint Maarten, and Bonaire will soon be processed within ten seconds, 24/7/365. For now, the batch payments will continue to be processed by the current CSM. The IP transactions will be handled in Antillean Guilder and US Dollar. This makes the CBCS one of

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