Businesses may pay BiMPay transfer fees from mid-September

Business

Finance

July 16, 2026

Click to view full size

From mid-September, businesses may be charged by financial institutions to make transfers through the new BiMPay instant payment platform.

However, individuals will continue to access the service free of charge.

Governor of the Central Bank, Dr. The Most Honourable Kevin Greenidge, made the revelation during a recent BIMPay press conference.

Business

Finance

Need the bigger picture?

Ask Gazette to explain what led here, surface earlier reports, or build a timeline from our coverage.

Sourced from CBC Barbados. Visit their website to read the full story.

Related stories

See articles related to "Businesses may pay BiMPay transfer fees from mid-September"

3 days ago

Banks ‘may charge’ biz for BiMPay transfers, kept free for individuals

By Jenique Belgrave

about 1 month ago

SMEs to benefit from BimPay

By CBC Barbados

1 day ago

Central Bank Governor defends BiMPay rollout

By CBC Barbados

29 days ago

Central Bank Governor outlines BiMPay infrastructure costs

By Nation News

3 days ago

Central Bank working to resolve BiMPay issues

By CBC Barbados

about 1 month ago

BimPay set to go live on June 12

By CBC Barbados

about 1 month ago

Governor: BiMPay transactions will remain free

By Jenique Belgrave

The portable companion to gazettE. Get notifications, track read articles, and more. The latest news from Trinidad and Tobago, in one place.