The National Bank of Georgia reported that its Governor, Natia Turnava, met SWIFT’s Regional Director and other representatives on the sidelines of the SIBOS conference to discuss cooperation, including the potential introduction of SWIFT’s core products in Georgia and steps to enhance the country’s payment systems. Discussions covered implementation of ISO 20022 by commercial banks and related joint training sessions, alongside work to improve the compatibility of Georgia’s financial infrastructure domestically and internationally. The central bank highlighted its upgrade of the core Real-Time Gross Settlement system and plans to launch a new Instant Payments System operating 24/7/365 to enable immediate account-to-account transfers, and it invited SWIFT to consider holding a meeting of SWIFT National Member Groups in Tbilisi. Turnava is also scheduled to deliver a keynote address at SIBOS, described as a first for a National Bank of Georgia Governor.
National Bank of Georgia 2025-09-30
National Bank of Georgia engages SWIFT on introducing core services and advancing ISO 20022 and instant payments
The National Bank of Georgia's Governor, Natia Turnava, met with SWIFT representatives at the SIBOS conference to discuss cooperation, including introducing SWIFT's core products in Georgia and enhancing payment systems. Discussions included implementing ISO 20022 by commercial banks and improving financial infrastructure compatibility. The central bank plans to launch a 24/7/365 Instant Payments System and invited SWIFT to host a meeting in Tbilisi.