Domestic payments

ProCredit’s domestic payment system allows you to quickly and securely transfer funds to your business partners in Macedonia. There are three payment options.

 

Urgent payments – MIPS
What payments can I process through the MIPS system?

MIPS is a system for processing immediate payments of any amount (even payments over MKD 1,000,000) between banks or as payments to public institutions that must be processed urgently, in real time.

 

How long do MIPS payments take?

Payment orders made by 4 pm will be completed on the same day. Payments orders after 4 pm will be completed on the following day.

 

How much does it cost to use MIPS?

A fixed fee is charged for this service according to ProCredit Bank’s official price list.

 

Regular payments – KIBS
What payments can I process through the KIBS system?

KIBS is a system for processing regular payments between banks or as payments to public institutions; KIBS payments are completed in the course of the working day.

 

How long do KIBS payments take?

Payment orders brought made by 1 pm will be completed on the same day. Payments orders after 1 pm will be completed on the following day.

 

How much does it cost to use KIBS?

A fixed fee is charged for this service according to ProCredit Bank’s official price list.

 

Internal clearing – payments between ProCredit clients
What payments can I process through the internal clearing system?

If both the sender and recipient of the funds have accounts at ProCredit Bank, the payment is completed in the fastest and cheapest way.

 

How long does internal clearing take?

Payment orders made during working hours will be executed immediately.

 

How much does it cost to use internal clearing?

A fixed fee is charged for this service according to ProCredit Bank’s official price list.