Central Bank of Jordan launched Automated Clearing House

30 Oct'2016

Central Bank of Jordan launched Automated Clearing House

Amman, Jordan, October 30, 2016. Central Bank of Jordan (CBJ) launched new Automated Clearing House (ACH) system. The ACH system is represented by CMA BCS/X software and provides services for Direct Debits and Credits operations, Payment Returns and Mandates related messaging.

ACH together with already implemented RTGS and DEPO/X systems provides modern and easily expandable platform for further development of Jordan capital market including conventional and sharia instruments, securities trading and settlement for institutional and private investors, open market and other types of financial operations.