SADC TCIB Low-value cross-border payments live in South Africa and Zambia Read More
This is a kind reminder to register for the SADC-RTGS User Group Conference on 17-18 September 2025 in Eswatini
Join key stakeholders from across the region to share insights and foster collaboration. If you haven’t registered yet, please do so soon to secure your spot. If you need assistance, please contact us. We look forward to welcoming you!
The SADC-RTGS User Group Conference
Count down to 17 September 2025
About SADC Banking Association
This website primarily serves to facilitate membership interaction on the various initiatives being coordinated by the Association.
It also serves to provide other stakeholders, including the public, with insights on the central role that the Association plays in facilitating commercial bank participation and contribution to the process of financial sector development and integration within the SADC region.
Member Nations of SADC BA
Angola
Eswatini
Mauritius
South Africa
Zimbabwe
Botswana
Lesotho
Mozambique
Seychelles
Zambia
DRC
Malawi
Namibia
Tanzania
Payment Projects
The SADC Banking Association is mandated by the Committee of Central Bank Governors in SADC (CCBG) to house and operate the Payment Scheme Management Body for Banks…
SADC-RTGS
The SADC-RTGS (formerly known as SIRESS) is the regional cross border real-time gross settlement (RTGS) system in the SADC region. SADC-RTGS is an automated interbank settlement system operated by the South African Reserve Bank (SARB), as appointed by the SADC participating member central banks…
Banks interested in joining the SADC-RTGS may contact SADC-RTGS-Onboarding at SADC-RTGS-Onboarding@resbank.co.za or click on these documents.
All Operational Notices and Statistics can be found on the CCBG website
Transactions Cleared on an Immediate Basis
(TCIB) Payment Stream
Since The SADC-RTGS payment went live in 2013 with High Value Payments, there have been additional opportunities in SADC (and impacts as a result):
- An opportunity to increase financial inclusion
- An opportunity to decrease the costs of cross-border remittances.
The TCIB Payment Steam facilitates these low value cross-border payments (originating from e-wallets, bank accounts or cash-in) to either a mobile or bank account or cash pay-out.
Payments are cleared through the appointed Regional Clearing Settlement Operator, BankservAfrica with final ZAR settlementtaking place in the SADC-RTGS payment platform. Non-ZAR currencies are settled via Correspondent Banking arrangements. Participants include Banks and Non-banks.
Banks interested in joining the TCIB may contact Ms Litha Ngwane at LithaN@Bankservafrica.com or click on these documents.
SADC-RTGS Participant Banks
Upcoming SADC BA Training
Courses & Training
Latest News
Keep informed and updated on all news related to your bank.
SADC BA Newsletter Issue 15
What is the SADC User Group Conference all about? The RTGS User Group Conference, started four years ago and is hosted on a country rotational basis. The conference provides users of the system and the SADC community an opportunity to share best practices from peers across the region keeping abreast with the latest SADC-RTGS developments…
e-Newsletter Issue 15 – February 2019
The SADC Treaty aims to promote regional integration; sustainable economic growth and social development; and the eradication…
e-Newsletter Issue 13 – April 2018
The SADC BA is pursing mobile payments, ahead of the other mechanisms, as part of its cross-border payment initiative…
