Platební systém CERTIS se otevírá nebankovním institucím

Based on the amendment to the Act on Payments and the update of the CERTIS Payment System Rules (version 14), which will come into effect on May 19, 2025, the Czech National Bank is opening direct access to the CERTIS system to non-banking institutions. In addition to banks, payment institutions and electronic money institutions can now become direct participants. New participants can use the CERTIS system exclusively for settling payment orders within their license as a payment institution or electronic money issuer.

CERTIS is a real-time gross settlement system operated by the CNB. Direct access will allow non-banking payment service providers to settle payments in Czech crowns independently, without reliance on intermediaries, and will bring them cost reductions, faster settlement, and greater operational autonomy.

However, entry into the system is conditional on signing a participation agreement with the CNB and meeting technical and operational requirements, such as system connectivity, liquidity management, and ensuring operational and cyber resilience. Interested participants must also comply with European digital resilience requirements arising from the DORA regulation, which sets strict standards, particularly for ICT risk management, digital resilience testing, and reporting and resolving cyber incidents. The application for system entry is submitted to the CNB, which then has up to 60 calendar days to verify the completeness of the documents, assess technical connectivity, and compliance with CERTIS rules.

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Authors:

Vladimír Petráček

Jonáš Kozák

Tomáš Rýdl