A delegation from the Central Bank of Armenia visited the National Bank of Georgia (NBG) to learn about Georgia’s experience in modernizing its payment infrastructure and to discuss developments in modern payment systems.
During the two-day working meetings, NBG representatives presented the implementation process of Georgia’s upgraded Real-Time Gross Settlement (RTGS) and Automated Clearing House (ACH) systems, a modernization project that was completed in May 2026.
The discussions covered project planning and management, system architecture, operational and functional models, coordination with commercial banks and the Treasury Service of the Ministry of Finance, as well as testing procedures and the launch of the system in a live environment.
The two sides also exchanged views on future payment system developments, including the introduction of an Instant Payment System (IPS), ensuring 24/7 operational capabilities, and adopting new payment standards. According to the NBG, Georgian officials shared key lessons learned, challenges encountered, and recommendations that could assist Armenia in implementing similar large-scale infrastructure projects.
