Central Banking

Ecuador's banks adopt electronic interbank system

ECUADOR - Ecuadorian banks have 60 days as of 27 June to adapt their systems to the central bank's electronic interbank payment system, Ecuadorian financial daily El Comercio reported.

The mandate stems from legislative reforms to the bank payment systems law, central bank banking services director Pablo Narvaez said.

In practical terms, the central bank must connect its communications network to those of other banks in the financial system, and must implement public key infrastructure (PKI) for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.