Kenya: CBK Extends Kepss's Bulk Payment Settlement Time
7 Articles
7 Articles
CBK extends working hours for banks to spur economy
Businesses in Kenya are set to enjoy longer and more flexible payment windows after the Central Bank of Kenya (CBK) announced that operating hours for the Kenya Electronic Payment and Settlement System (KEPSS) will be extended, effective July 2025. The new hours will run from 7:00 am to 7:00 pm on all business days, replacing […]
Kenya extends real-time bank transfer hours
Kenya has begun modernising its financial infrastructure by extending the operating hours for its Real-Time Gross Settlement (RTGS) system, the Kenya Electronic Payment and Settlement System (KEPSS). Starting July 1, 2025, KEPSS will operate from 7 AM to 7 PM on business days, up from the current 8:30 AM to 4:30 PM schedule. KEPSS is Kenya’s version of what many countries call an RTGS system, a central infrastructure bank use to securely transfe…
CBK Announces Change in Working Hours for Electronic Payments
The Central Bank of Kenya (CBK) will extend the operating hours of its national electronic payments system beginning July 1. In a statement released on June 18, CBK stated the move will boost convenience, financial inclusion and help position the country for a 24/7 digital economy. The Kenya Electronic Payment and Settlement System (KEPSS), the country’s Real Time Gross Settlement (RTGS) system, will now operate from 7 a.m. to 7 p.m. on all busi…
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