Payments Report 2022

The Riksbank is working to improve cross-border payments

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The Riksbank tests cross-border payments with e-krona

Published: 15 December 2022

Together with the central banks of Israel and Norway, and the Bank for International Settlements (BIS), the Riksbank has launched a joint project to investigate how central bank digital currencies can be used for international payments and transfers. The aim of the project is to test whether it is technically feasible to link the countries’ various central bank digital currency systems. The project could give a better understanding of how central bank digital currency should be designed to be used for cross-border payments. The Riksbank is participating as part of the e-krona project and is testing the link with the current test environment for the e-krona.