BAKU, Azerbaijan, March 5
Trend:
The total volume of non-cash payments and money transfers in national currency through payment systems and direct correspondent accounts of financial organizations in Kazakhstan amounted to 703.5 trillion tenge in 2020, Trend reports citing the National Bank of Kazakhstan (NBK).
“As much as 92 percent of this volume was transferred through the payment systems of the National Bank - the Interbank Money Transfer System and the Interbank Clearing System,” the NBK report reads.
“The number of transactions in the national payment systems of the NBK amounted to 51.1 million, the total amount - 645.5 trillion tenge. Thus, the average load on these systems on business days amounted to 207,700 payments per day. On average, payments were made in the amount of 3.9 billion tenge per minute,” the report says.
During a business day, the largest number of payments is processed from 14:00 to 18:00 (GMT+6).
The efficiency ratio of the NBK payment systems in 2020 was 99.99 percent. This exceeds the established targets and characterizes the high efficiency of the functioning of national payment systems.
