Dili, 12 September 2026 - In the framework of the official launch of Ti-FAST and TuQR, Banco Central de Timor-Leste (BCTL) and the National Bank of Cambodia (NBC) signed a Memorandum of Understanding (MoU) on Enhanced Collaboration in Digital Payment and Cross-Border Connectivity.

The MoU was signed by H.E. Helder Lopes, Governor of Banco Central de Timor-Leste, and H.E. Dr. Chea Serey, Governor of the National Bank of Cambodia, during the official launch ceremony of Ti-FAST and TuQR.

The signing ceremony was held in the presence of H.E. Jose Ramos-Horta, President of the Democratic Republic of Timor-Leste, and H.E. Kay Rala Xanana Gusmao, Prime Minister of the Democratic Republic of Timor-Leste.

The MoU aims to further strengthen bilateral cooperation between BCTL and NBC in digital payments, financial innovation, and cross-border payment connectivity.

Under this cooperation framework, the two central banks will exchange information, knowledge and experience, and cooperate in areas including research, solution design, system development, testing, training and technical cooperation.

The cooperation will also support interoperability between designated payment systems and contribute to facilitating bilateral trade, tourism, investment, and financing between Timor-Leste and Cambodia.

The signing of the MoU complements the successful launch of Ti-FAST and TuQR and represents another important step in BCTL's efforts to modernize Timor-Leste's payment system and strengthen its connection with regional and international payment systems.