January 2, 2001
Bank of Japan

Since December 30, 2000, the Bank of Japan has been working to ensure that financial institutions have completed their systems preparation and at the same time has been preparing its own systems for the changeover. It has also conducted on-line connection tests with financial institutions under the new RTGS environment.

Today the Bank of Japan has checked that these preparations have been completed. The Bank can therefore confirm that it will introduce the new RTGS system on January 4, 2001 as scheduled.