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Revamping Georgia's Payment Infrastructure: NBG and Montran's Innovative Partnership

On June 3, 2026, the National Bank of Georgia (NBG) in collaboration with Montran, announced the successful launch of its upgraded Automated Transfer System (ATS). This modernized Real-Time Gross Settlement (RBTR) platform has been designed to support the ISO 20022 messaging standard, enhancing the nation's financial ecosystem significantly.

A Leap Forward in Payment Technology

The newly launched RBTR system is pivotal in providing a robust solution for real-time payments processing, operating 24/7, and enhancing the liquidity management and operational resilience of Georgia's payment infrastructure. This upgrade marks a crucial milestone in the ongoing partnership between NBG and Montran, which spans over 25 years. The enhancements include a modern architecture, upgraded real-time processing capabilities, and improved mass settlement functions, ensuring compliance with international standards such as ISO 20022.

Ekaterine Galdava, Vice Governor of NBG, emphasized the importance of this modernization, stating, “The upgrade strengthens our payment infrastructure's resilience, scalability, and future readiness.” The push for modern infrastructure aligns with the evolving needs of Georgia's financial ecosystem, as the country aims to further integrate into the global financial landscape.

Features of the Enhanced Platform

The updated RBTR platform not only boosts the performance and efficiency of payment transactions but also introduces features that will support better interoperability within the financial sector. Montran is set to implement an Instant Payment System (IPS) as part of this modernization project, facilitating real-time transactions and improving the end-user experience for clients of NBG.

Keith Esca, Executive Director of Montran, remarked,