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Replaced — This system has been replaced by another system.Active from 2003.

RINGS

RTGSReplaced

Real-time Interbank Gross Settlement System - Bulgaria's RTGS for high-value BGN payments. Operated by BNB. Mandatory for transfers ≥BGN 100,000. Settles BISERA net positions and card clearing obligations.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for RINGS.

ClearingPost holds sourced upcoming items for 10 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for RINGS in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources No status page recorded · 11 of 14 fields carry a source and a recorded date · latest sourced entry recorded 6 Aug 2026 · evidence details ↓

Record · RINGS

Country
Bulgaria (BG)
Currency
Bulgarian Lev (BGN)
Operator
BNB (Bulgarian National Bank)
Type
RTGS
Year Established
2003
Tier?
Tier 2
ISO 20022?
Migrated
Region
Europe
Settlement Type?
Gross
Notes

RINGS operated until December 31, 2025, when Bulgaria adopted the euro on January 1, 2026. Final operating statistics (H1 2025): 298,554 transactions worth BGN 932,299M over approximately 125 business days, yielding daily averages of ~2,388 transactions and ~BGN 7.5B. Bulgaria completed onboarding to all TARGET Services (T2, T2S, TIPS, ECMS) on January 1, 2026.

Operations · RINGS

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.