On 7 June 2024 the Governing Council approved that the Banca d'Italia, acting on behalf of the service providing Eurosystem central banks, would provide a clone of the Eurosystem TIPS platform to the central banks of Montenegro, Kosovo, North Macedonia and Bosnia and Herzegovina, in addition to the Bank of Albania who had first requested such an access as part of its work towards modernisation of the payment system and integration with the EU payment landscape, and start formal negotiations on the detailed terms and conditions of such instant payment system.
