Banco de la República of Colombia went Live with the Montran ACH

May 2014 – The Banco de la República of Colombia went live with the Montran Automated Clearing House (ACH) solutions for both the CEDEC and CENIT systems, modernizing their system and technical architecture and improving their business processes. CEDEC is Colombia’s central bank cheque clearing house system with over 200 participants. CENIT is Colombia’s central bank electronic funds transfer clearing house system, handling large volumes of EFTs with six interfaces to Banco de la República internal systems.