WILLEMSTAD/PHILIPSBURG:--- The Centrale Bank van Curaçao en Sint Maarten (CBCS) can look back on successful implementation of the first stage of the Instant Payments Clearing and Settlement Mechanism (IP-CSM). All interbank payments in and between Curaçao and Sint Maarten as well as interbank payments between banks in Bonaire will now be processed within a few seconds, 24 hours a day, 365 days a year.
As per January 15, 2022, the following financial institutions participate in the system:
Orco Bank NV (Curaçao, Sint Maarten & Bonaire) PSB Bank NV (Curaçao) Maduro & Curiel’s Bank NV (Curaçao & Bonaire) Windward Island Bank ...
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To read more: https://www.smn-news.com/index.php/st-maarten-st-martin-news/39486-successful-implementation-first-stage-instant-payments.html
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