Approved Road Map of SAARC Payment Council (SPC)
At the 12 th SPC Meeting held in Dhaka, Bangladesh on 18 th November, 2012 it was decided to modify/ develop the Road Map for SAARC Payments Council. In the said meeting, it was further discussed that the Road Map be prepared in a way that all member countries could benefit from the advancement in the payment & settlement systems of member countries enabling them to develop and improve their own systems so that the purpose of SPI Objectives could be served.
The Road Map has been approved by the SPC Forum in its 14 th Meeting held on 9 th December 2013 at Kovalam, India.
A Team of three members was formed to develop the Road Map of SPC. The main objectives of the Road Map are: