Bank of Papua New Guinea introduces Kina Automated Transfer System

Bank of Papua New Guinea has rolled out an electronic inter-bank funds transfer system in the country. The implementation of electronic inter-bank funds transfer and Real Time Gross Settlement (RTGS) is a major step forward for PNG and will bring many advantages to all sectors of the economy. The Kina Automated Transfer System (KATS) or … Continue reading Bank of Papua New Guinea introduces Kina Automated Transfer System