Central Bank of the Dominican Republic
CMA's was selected by the Central Bank of Dominican Republic for supply and installation of Electronic Check Clearing House system as a part of the payment system modernization project sponsored by the World Bank. The system went live in 2012. During the implementation, BCS/X was configured to comply with legal rules and practices applied in the Dominican Republic. The system supports online integration with other Clearing and RTGS system. System is compliant with X9 international standards in check processing and imaging. The solution is operational in 24h-mode with one-hour technical break.