Norges Bank

Payment system

Norges Bank is tasked with promoting an efficient and secure payment system

An efficient and secure payment system is fundamental to a well-functioning economy, for financial stability and for the conduct of monetary policy. The payment system ensures that households, businesses and public authorities are able to transfer funds securely, both domestically and internationally.

Reports

Norges Bank publishes annual reports on the payment system

Report Retail Payment Services

The annual Retail Payment Services Report provides annual statistics on the use of electronic means of payment, as well as on cash withdrawals from retail outlets and ATMs.

Our roles in the payment system

Norges Bank facilitates the settlement of interbank payments through accounts held at the Bank and provides society with banknotes and coins. In addition, Norges Bank oversees the Norwegian payment system.

Topics related to the payment system

Notes and coins

The Norges Bank Act assigns Norges Bank responsibility for issuing notes and coins.

Norges Bank's settlement system

The purpose of Norges Bank's settlement system is to promote an efficient payment system domestically and vis-à-vis other countries by settling payments between banks in a swift and secure manner.

Security and preparedness

As operator, supervisory authority and overseer, Norges Bank has a key role in promoting security and preparedness in the payment system.

Self-preparedness to pay

To ensure that you can pay for the goods and services you need, you should have various payment alternatives available.

Self-preparedness for receipt of payments

To ensure that points of sale can receive customer payments even during disruptions to regular payment solutions, it is recommended that points of sale consider self-preparedness measures.

TIBER

TIBER (Threat Intelligence-Based Ethical Red-teaming) is a European framework that facilitates cooperation between authorities, financial institutions and service providers in testing cyber resilience in the financial system.