The Central Bank of Kenya (CBK) has revised the operating hours for the Kenya Electronic Payment and Settlement System (KEPSS) from the current 8am to 4.30pm, to a new schedule that will run between 7am and 7pm from July 1, 2025, as the apex bank seeks to align with global practices.
KEPSS, which runs the real-time gross settlement system hosted by the CBK, went live in July 2005 as a strategy to help businesses cut the cost of handling cash and curb fraud incidents involving high-value cheques.
