AIPS - Albanian interbank payment system for large-value payments

AIPS - Albanian Interbank Payment System is a Real-Time Gross Settlement system. AIPS processes all interbank large-value payments, in the Republic of Albania in the national currency.

AIPS has been running live since 31 January 2004.

Participants in AIPS include the Bank of Albania and 11 commercial banks, as direct participants, and the Ministry of Finance and Economy as an indirect participant. Also, the AECH and the AFISaR and card schemes settle their positions in AIPS.

AIPS operates during 08:30 – 16:30