Bosnia and Herzegovina’s Central Bank will launch a new instant payment system on July 20th, marking a significant upgrade to the country’s financial infrastructure. Governor Jasmina Selimović described the system as the largest reform of payment transactions since 2001. The new system will allow for near-instantaneous transfers between accounts, a substantial improvement over current processing times. This modernization aims to streamline financial flows and enhance efficiency within the Bosnian economy. The implementation promises faster transactions for individuals and businesses alike. The Central Bank anticipates this will positively impact economic activity and digital financial inclusion. Further details regarding the system’s capabilities and accessibility will be released alongside the official launch.