Fast Payment Systems (FPS) deliver immediate, final fund transfers to retail consumers on a 24/7/365 basis, mimicking wholesale RTGS processing capabilities within consumer markets.

Sender hits confirm -> FPS clears transaction across bank accounts -> Funds arrive in recipient wallet within seconds

To maintain liquidity during weekends and bank holidays when standard interbank markets are closed, participating banks maintain pre-funded clearing pools at the central bank, ensuring the system can process and settle retail transactions continuously.