The Central Bank of the Republic of Kosovo has approved two guidelines completing the regulatory framework for TIPS-K instant payments. They govern system use and fees, alongside controls against money laundering, terrorist financing and fraud. The phased launch begins Nov. 23, 2026, with all banks participating from Feb. 23, 2027.
Policy & regulationRules & requirementsPayments and payment systemsAML and CFT
The Central Bank of the Republic of Kosovo has approved two guidelines completing the regulatory framework for the TIPS-K instant payment system ahead of its phased launch on Nov. 23, 2026. The approvals follow adoption of the TIPS-K regulation in October 2026 and establish operating, financial and compliance requirements for the system.
The first guideline sets conditions for participating institutions’ use of TIPS-K, including operating arrangements and applicable fees. The second establishes requirements for preventing money laundering, terrorist financing and fraud. These cover risk management, measures to prevent suspicious and fraudulent transactions, and compliance with legal and regulatory obligations.
Banks will join progressively during a three-month transition, with all banks participating from Feb. 23, 2027. TIPS-K, being developed in cooperation with the Bank of Italy, will enable individuals and businesses to make payments and transfer funds within seconds, 24 hours a day, seven days a week.
The Central Bank of the Republic of Kosovo scheduled a phased TIPS-K instant payment launch from Nov. 23, 2026, with all banks connected by Feb. 23, 2027. Every bank will apply the new transfer fees from launch, including those not yet connected. Transfers up to EUR 300 will be free for three months, then cost EUR 0.05 each.
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