South Africa Reserve Bank News

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South African banks to end EFT services to several countries

News | Payments General | 08 Aug 2024

Starting with 4 September 2024, South African banks will suspend electronic fund transfer (EFT) services to Namibia, eSwatini, and Lesotho.

banking, financial services, cross-border payments, compliance

South Africa Central Bank reveals digital payments roadmap

News | Cryptocurrencies | 23 Apr 2024

South Africa’s central bank (SARB) has revealed a roadmap that would improve the country’s adoption of digital payment technologies.

digital payments, report, cryptocurrency, CBDC

South Africa Reserve Bank adopts the new ISO standard

News | Online & Mobile Banking | 16 Nov 2022

South Africa Reserve Bank has adopted the International Organisation for Standardisation (ISO) financial messaging standard ISO 20022.

banks, payments , ISO 20022, data, regulation