The Central Bank of Montenegro (CBCG) held a workshop under its TIPS Clone project to plan and synchronise activities for the testing phase of a future platform intended to enable instant payments in Montenegro. More than 50 members of project teams from the CBCG and banks operating in Montenegro participated. The session was delivered by Fabien Depasse of Paylume, the consulting firm supporting the CBCG and the banking sector on the project, and covered key topics for the upcoming testing phase ahead of implementation scheduled to commence on 20 July 2026. The TIPS Clone system is intended to enable real-time payments and support faster, safer and more efficient transactions, while creating conditions for further development of digital services and strengthening the competitiveness of Montenegro’s financial sector.
Central Bank of Montenegro 2026-04-22
Central Bank of Montenegro aligns TIPS Clone testing plans ahead of 20 July 2026 start of instant payments implementation
The Central Bank of Montenegro held a workshop under its TIPS Clone project to plan and synchronise activities for testing a future instant payments platform. The session, involving more than 50 participants from the central bank and Montenegrin banks and supported by consulting firm Paylume, focused on preparations ahead of implementation scheduled to commence on 20 July 2026. The TIPS Clone system is intended to enable real-time payments, support safer transactions, and foster development of digital services and financial sector competitiveness.