Payment system

About payment system
Payment operations in the Republic of Croatia are carried out through TARGET-HR, EuroNCS and EuroNKSInst.
Relevant regulations in the area of payment operations in the Republic of Croatia are presented in this chapter.
Payment system oversight
The CNB, in exercising oversight of payment institutions, electronic money institutions and payment systems, contributes to the safety and soundness of the Croatian financial system.
Payment systems
Payment systems are funds transfer systems with formal and standardised arrangements and common rules for the processing, clearing and/or settlement of payment transactions. Payment operations in the R...
Licensing covers authorisation to provide payment services, the issuance of electronic money, the operation of the payment system and the carrying out exchange transactions.
Limited network
The Croatian National Bank is the competent authority to which the providers of limited network services are obliged to provide a notification if the total value of payment transactions executed over t...
SEPA stands for the Single Euro Payments Area.
Analytical reviews
The analyses, reports and reviews were prepared on the basis of collected statistical data on payment operations and electronic money.