A delegation from the Central Bank of Armenia visited the National Bank of Georgia (NBG) to learn about the experience gained through the NBG's payment infrastructure modernization project and to discuss issues related to the implementation of modern payment systems.

During the two-day working meetings, representatives of the National Bank of Georgia shared with their Armenian counterparts their experience in implementing the upgrade project for the Real-Time Gross Settlement (RTGS) and Automated Clearing House (ACH) systems, which was successfully completed in May 2026. Particular attention was paid to project planning and management, system architecture, operational and functional models, coordination with participating banks and the Treasury Service of the Ministry of Finance, testing phases, and the process of launching the system into the production environment.

As part of the meetings, the parties discussed future directions for the development of payment systems, including the implementation of an Instant Payment System (IPS), the introduction of 24/7 operations, the adoption of the ISO 20022 standard, and other development opportunities.

Representatives of the National Bank of Georgia also shared the lessons learned during the implementation process, the key challenges encountered, and the approaches used to address them. They presented practical examples and recommendations that may prove valuable in planning and implementing infrastructure projects of a similar scale.

The visit was held within the framework of the ongoing cooperation between the central banks of Georgia and Armenia and aimed to promote the exchange of knowledge and best practices, thereby supporting the development of modern, secure, and efficient payment systems across the region.