Payment systems

Latvijas Banka maintains and develops the electronic clearing system (EKS) for customer payments and instant payments.

Latvijas Banka is the operator of the real time TARGET system for interbank payments and monetary policy operations.

• Electronic Clearing System EKS
• TARGET

Latvijas Banka promotes the development of and innovation in payment instruments in the field.

• Instant payments
• Proxy Registry "Instant Links"
• Instant payments requests
• Instant payment laboratory
• Instant Verification Service

Latvijas Banka oversees the payment and financial instrument settlement systems to assess their efficiency and security.

Snapshot of cash and noncash trends.

The volume and value of payments processed by interbank payment systems maintained by Latvijas Banka and  payment statistics of Latvia.