September 5, 2021

Da Afghanistan Bank launches Interbank large payment system (ATS) by CMA

December 15, 2020

Da Afghanistan Bank launches Interbank large payment system (ATS) by CMA. The new system is based on CMA's RTS/X product, provides a combination of RTGS and ACH services, and utilizes messages based on ISO20022 standard.

Implementation of new system allows

  • Establish considerable transparency in its payments processing;
  • Facilitate provision of better banking services to payers and government tariffs;
  • Reduce physical money circulation and cash erosion in Afghanistan, and reduce operating expenditure;
  • Significant role in promoting the culture of non-cash economy
  • Reduce risks of transferring physical money;
  • Pave the grounds for growth of commercial banks;
  • Further development of banking culture among people and their familiarity with the products and benefits of banking services;

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