Payment system

The Statute of the Central Bank, Law No. 96 of June 29, 2005, as amended, in Articles 37 and 38, assigns it the responsibility for managing, regulating, and supervising the payments system of the Republic of San Marino.

The payments system encompasses the various payment instruments, infrastructures, entities, and regulations that facilitate the transfer of currency between operators. It is a crucial component for ensuring the smooth functioning and stability of the economic system.

In order to support economic and financial activity, the Central Bank seeks to achieve public interest objectives, including ensuring the security and effectiveness of the payments system and promoting efficiency within the San Marino banking system.

The Central Bank primarily focuses on observing and monitoring the payments system, promoting codes of conduct and operating standards, and issuing guidelines, recommendations, and provisions to clarify the supervisory framework and offer preventive guidance to operators.