National Bank of Ethiopia goes LIVE with Montran ATS

May 27, 2011 – National Bank of Ethiopia went LIVE with the Montran ATS system. The EATS (Ethiopian Automated Transfer System) is replacing the manual payment clearing, previously performed by NBE, for both high value payments and low value payments (such as credit transfers, direct debits and cheques). The system also integrates automated processing or transactions for Ministry of Finance, ERCA (Ethiopian Revenues and Customs Authority) and ECX (Ethiopian Commodities Exchange).