The Bank of Central African States announced that SYSTAC 2, its new regional clearing platform for retail payments in the Central African Economic and Monetary Community, went live on Aug. 3, 2026. The ISO 20022-based system replaces the platform used since 2007 and processes credit transfers, direct debits, checks and bank card payments through a centralized, secure and fully online architecture. SYSTAC 2 includes an automated clearing system with central and participant components, as well as a dispute management module. An instant payments module will enter production at a later stage. The central bank is managing the transition with participating payment institutions, national treasuries and other financial institutions to maintain service continuity. The modernization program is expected to continue with the launch of the new SYGMA V10 real-time gross settlement system, which is being finalized and is scheduled to enter operation in the coming weeks.
Banking Commission of the Central African Republic2026-08-12
Bank of Central African States launches SYSTAC 2 regional retail payments platform
The Bank of Central African States launched SYSTAC 2 on Aug. 3, 2026, replacing its regional retail payments platform in use since 2007. The centralized, ISO 20022-based system supports automated clearing and dispute management, while instant payments will be added later. The new SYGMA V10 real-time gross settlement system is scheduled to follow in the coming weeks.