The Bank of Mauritius is the settlement bank in the REPSS and the status of a settlement bank for such a huge market, spread over a total area of 12.8 million square kilometres and with a population of 413 million, is a coveted position and will benefit the country ultimately.
The REPSS opens another opportunity for our country to enhance its role in the region. In fact, an efficient cross border payment system is a necessity for trade integration and the future of REPSS is very promising. Mauritius also inspires confidence among foreign investors on account of its robust legal framework.