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RegionNet is for a regional group of banks working with a Central Bank scheme

What does it do?

Secured (RTGS) network for settling domestic or regional payments in real time using tokenised money issued by the central bank or an issuing authority

Delivers regulatory transparency, aims to provide regulators real time view and action on payments and liquidity monitoring

RegionNET minimises adoption hurdles by acting within the current regulatory & commercial bank licence constructs