BIPS is a payment system for domestic (i) credit transfers and (ii) instant credit transfers, managed by Bankart d. o. o.

Settlement of claims and liabilities between participants of the payment system is carried out by Bankart d. o. o. (six times daily for credit transfers and in real-time for instant credit transfers) through a transfer of ownership of a pre-funded assets to its specific (technical) account in TARGET2-Slovenija, by adjusting the position of the participants in the execution of each (instant) credit transfer.