Clearing house
KIBS AD Skopje
MK EN
HISTORY

“During the Macedonian payment system reform in 2001, Macedonian banks established Klirinski interbankarski sistemi AD Skopje (KIBS) as a joint stock company. KIBS was registered as a legal entity in 2001 by its entry in the Single Trade Registry of the Macedonian Central Register.
 
The main objective of the establishment of KIBS is clearing of small interbank payment transactions. As an operator in the payment system and in line with the Law on Payment Transactions, KIBS plays a central role in clearing and settlement of interbank payment transactions for small amounts in the Republic of Macedonia. In its operation so far, it has successfully performed the activity of an automated clearing house, and according to statistic indicators, its scope of operations has shown a tendency of constant growth since it was established.

Pursuant to the Law on Payment Transactions, and upon approval by the Ministry of Finance, KIBS runs the Single Registry of Transaction Accounts (ERTS), exchanges information on account blockage, and exchanges other information of its members’ concern.
 
By using the modern information technology and available staff structure, KIBS has created its own application solutions for the services it provides as a legal obligation as well as for customized solutions in agreement with clients.

Since June 2006, KIBS has been the issuer of Verba digital certificates and has been entered in the Single Registry of Certificate Issuers, kept by the Ministry of Finance. Furthermore, since 2010, It has also been the representative and dealer of a wide range of SSL (server) certificates issued by the most distinguished issuers of such kinds of certificates, VeriSign, GeoTrust and Thawte.

In late 2008, KIBS established the Macedonian Credit Bureau, the first credit bureau in Macedonia, with the basic function being complete or partial collection and processing of data for the entities’ liabilities, other details in line with the Law on Credit Bureau and production of reports on debt and regularity of a respective entity’s meeting their obligations.

EVENT AND NEWS

12-15 October 2011
Preparatory work for an International Conference of Clearing Institutions in Central and East Europe (ICCI) organised by KIBS

During 2011
Direct Debit Scheme Implementing Project under the rules of the Single European Payment Area (SEPA) is continuing.

In February 2010
a recertification inspection of the quality management system ISO 9001:2008 was made and the quality certificate issued in 2007 was retained.

In January 2011
supervision of KIBS operations by the National Bank of the Republic of Macedonia resulted in a positive report


16th ICCI

The 16th ICCI will be held in Ohrid, Republic of Macedonia. The working part of the conference will take place on October 13 and 14, 2011. The topics of this year’s 16th ICCI Conference will primarily concern the new technologies and the new financial products being introduced in the payments systems with this Preliminary Agenda.