INSIGHTS
September 24, 2025

New instant settlement corridor between Tajikistan and Turkey

RTGS.global, which connects financial institutions through one simple integration to transform how cross-border payments are made, has today confirmed the launch of a new active settlement corridor between Tajikistan and Turkey.

Whereas previously payment service providers would need to complete multiple proprietary integrations, resulting in fragmented liquidity, RTGS.global members can now connect to multiple currency providers to make instant payments via one single API integration, saving time and delivering liquidity optimisation benefits.

The new corridor, now live between PayPorter, one of Turkey’s most trusted money transfer operators, and Humo Bank, a leading and rapidly growing financial institution in Tajikistan, enables payments to be settled instantly in local currency, with the RTGS.global platform enabling instant settlement using PayPorter and Humo Bank’s own balances. Whilst PayPorter and Humo Bank are the first to take advantage of this new corridor, RTGS.global expects volumes to build quickly across this strategically important trading lane.

For Tajikistan and Turkey, this represents a significant leap forward in addressing long-standing challenges in cross-border payments. Historically, such corridors in opportunity markets have been constrained by slow settlement times, high costs, and lack of transparency. By connecting financial institutions directly through its global platform, RTGS.global removes these barriers – enabling rapid, cost-effective payments and settlement through a single API, available 24/7/365.

“This corridor underlines the real-world impact RTGS.global is now delivering,” said Tomas Pithart, expert advisor to the board of directors at RTGS.global. “By opening up instant settlement between two important markets, we are not only proving the maturity and reliability of our platform but also advancing financial inclusion by making cross-border payments faster, fairer, and more accessible to underserved communities.”

Unlike traditional correspondent banking models, RTGS.global’s single-integration approach allows participants to connect seamlessly to a global network of funds controllers, exchange FX quotes, and settle peer-to-peer in real time. The live corridor between PayPorter and Humo Bank demonstrates the shift from earlier pilots to a fully operational service that removes the constraints of banking hours or cut-off times - giving businesses and individuals continuous access to fast, transparent payments.

The economic potential of the Tajikistan–Turkey corridor highlights its importance. Annual trade between the two countries exceeded $621 million in 2024, and RTGS.global is targeting 5% of this volume by the end of 2026. For businesses, this means faster invoice settlement, improved cash flow, and reduced FX costs. For individuals, particularly remittance workers sending money home, instant settlement provides life-changing speed, affordability, and certainty.

“At PayPorter, our mission has always been to deliver fast, reliable, and affordable cross-border transfers for our customers,” commented Mr. Izzet Metcan, General Manager and Board Member at PayPorter. “Through this partnership with RTGS.global and Humo Bank, we are now able to provide a level of speed and transparency not seen before in this corridor – empowering workers, families, and small businesses alike.”

“As a rapidly growing financial institution in Tajikistan, we are dedicated to improving access to financial services across our communities,” added Firdavs Mayunusov, CEO of Humo Bank. “This new corridor with Turkey brings a major step forward in financial inclusion, helping our clients to trade, transact, and send funds instantly with greater confidence.”

The opening of this corridor is part of RTGS.global’s broader mission to build a truly multi-jurisdictional network, connecting financial institutions in both developed and emerging markets. By cutting out intermediaries, RTGS.global reduces fees, improves transparency, and unlocks participation in global payments for banks, PSPs, and digital-first institutions worldwide.

“Cross-border payments have too often left already underserved economies further behind,” concluded Marcus Treacher, Executive Chairman of RTGS.global. “By launching an always-on settlement corridor between Tajikistan and Turkey, we are enabling financial inclusion in a region historically underserved by global financial infrastructure. This is how we make the benefits of instant settlement accessible to everyone, everywhere.”
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