Value of payment transactions in June reaches €1.95 billion, 11.4% higher than May, according to CBCG data
, NewsThe value of executed payment transactions for 20 working days in June amounted to €1.95 billion, marking an 11.4% increase compared to May, according to data from the Central Bank (CBCG).
Of this total, 94.23% was processed through the Real Time Gross Settlement (RTGS) system, while the remainder was handled by the Deferred Net Settlement (DNS) system.
The RTGS system processes individual payment transactions between participants on a gross basis in real time, whereas the DNS system processes interbank payment transactions on a net basis with deferred timing.
“In June, 1.2 million transactions were executed over 20 working days, with 40.11% conducted via the RTGS system and the rest via the DNS system,” the CBCG report states.
The average daily volume of payment transactions in both RTGS and DNS systems, measured by the number of orders, was 60,110 transactions, while the average daily value of payment transactions was €97.66 million.
In June, there were 50 minutes of downtime out of 10,900 minutes of system operation, resulting in a system availability rate of 99.54%.
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