Payment Committee

The purpose of the Payment Committee is to ensure that the implementation of payment operations is in line with the highest international standards and best practices. In addition, this committee ensures that the law on payments and other regulations on the clearing system or other instruments of interbank payments are applied uniformly in the entire sector.   

Considering that the scope of committee members is broader than payments, the committee makes sure that the law on enforcement procedure and regulation on the Register of Bank Accounts is upheld and applied according to the relevant provisions. Members of this committee also make sure that the terms of the Technical Agreement with the Ministry of Labour and Social Welfare for payment of all pension categories in Kosovo are applied by all relevant stakeholders. Members of the committee shall also ensure that administrative instruction on the Movable Pledge Registry of the Ministry of Trade and Industry (MTI) is respected by all banks and that this registry provides quality service and in line with the objective for which it is established. 

This committee cooperates closely with the CBK, respectively with the Interbank Payment System Directorate responsible for clearing system, the so-called IPSD, through which on regular basis is facilitated the clearing and reconciliation of hundreds of interbank payments for citizens of Kosovo, like payments between clients, utility payments, payments for customs and taxes and payment of pension contributions. The committee cooperates closely with the Ministry of Finance (MoF), which at the same time is the biggest client of the interbank payments clearing system that provides for the collection of all revenues of budget units by commercial banks and for sending them further to relevant MoF accounts. 

For the precise implementation of legal provisions of the Law on Enforcement Procedure on issues of reporting and handling documents from enforcement bodies, this Committee cooperates closely with the CBK in the management and oversight of the system of the Register of Bank Accounts and users of this system, i.e., Tax Administration, Chamber of Private Enforcement Agents and Ministry of Justice. Based on the broader activity scope of the Payments Committee, members of this committee hold regular meetings to address important issues and when necessary, they invite representatives of the above-mentioned institutions to these meetings, depending on the topic that members consider is to be addressed. 

As a result of the work and close cooperation between members of this committee, the Payments Committee of the KBA is also considered as a forum where its members can exchange their practices and experiences on similar processes in order to increase the efficiency and provide payment-related services/operations at the Kosovo level in line with international standards. 

The chairman of the Payments Committee is Akile Cernobregu, Procredit Bank.
The Vice Chairman of the Payment Committee is: Vesa Kuqi Gagica, NLB Bank

Other permanent members of the Committee are:

Nora Sylejmani
The representative of TEB Bank;

Sharr Kryeziu
The representative of Banka Kombëtare Tregtare;

Zana Meqa Kastrati
The representative of BPB;

Fitim Tasholli
The representative of Banka Ekonomike;

Akile Cernobregu Hashani
The representative of ProCredit Bank;

Agata Jashari
The representative of Raiffeisen Bank;

Arta Mirashi
The representative of IS Bank;

Fatlinda Xhigoli-Thaçi
The Representative of Ziraat Bank;

Ardian Sinani
The Representative of Credins Bank;

Urata Ukmata Këpuska
The Representative of PriBank;