Central Bank of Bahrain
Private/Swift Network Payment Hub Solution
About
Kingdom of Bahrain, Manama
February 25, 2018
CMA had implemented a unique Private/SWIFT Network Payment Hub solution (Private/SWIFT network gateway). This solution allows transparent communication with Central Bank RTGS, SSS, and Core Banking systems via Private network or SWIFT using the same interface and without any impact on Central Bank and the Banking Community of Bahrain during switchover between two networks.
The new solution brings increased reliability and resilience capabilities for such mission-critical systems of the Central banks as RTGS and SSS. On top of that, it significantly increases the speed of payments processing when Private Network is used for communication.
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