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Norway joins EU’s TIPS instant payments service

( November 29, 2024, 09:01 GMT | Official Statement) -- MLex Summary: The Central Bank of Norway and the European Central Bank have signed an agreement for Norway to join TIPS, the EU's Target Instant Payment Settlement service, in the first half of 2028. The NOK will become the fourth currency available for settlement in TIPS, which already settles instant payments in EUR and SEK, and will also settle in DKK from 2025, the ECB said....

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