SIA-SSB to Manage Bank of Italy’s Interbank Computerised Archive of Bad Cheques and Payment Cards

SIA-SSB has won the contract to manage the Bank of Italy’s interbank computerised archive of bad cheques and payment cards (CAI). The value of the contract is over €23m and will have a five- year duration with the possibility of a further three-year extension

SIA-SSB will manage the entire IT system at CAI headquarters, controlled by the Bank of Italy, as well as the interconnections with the remote sites (local archives) located at the notifying bodies’ premises (banks, Poste Italiane, supervised financial intermediaries issuing payment cards, prefectures through the Interior Ministry, Judicial Authorities through the Ministry of Justice).

Also planned are additional new functions, among which the link to already available network infrastructures participating in SITRAD, the system for electronic data transmission, and the strengthening of ‘disaster recovery’ procedures.

The CAI will exchange data with the remote sites through the Italian Interbank Network (RNI) according to current standards. The notifying bodies must send SIA-SSB the information related to the various irregular payment tools on a daily basis and in return will receive confirmations and aggregated reporting results.

Bank of Italy’s interbank computerised archive of bad cheques and payment cards, established according to law following the decriminalisation of a series of minor offences including the drawing of uncovered or unauthorised cheques, provides a service in the public interest aimed at ensuring the correct operation of the payments system. It contains the personal details of subjects who:

  • Have drawn bank and postal cheques without authorisation or funds, meaning that they did not have sufficient funds to pay the cheques themselves.
  • Are no longer authorised to use credit and debit cards due to the non-payment of sums related to transactions or withdrawals made with said cards.

The entry in the archive of those subjects who have drawn unauthorised or uncovered cheques involves the application of the so-called ‘system revocation’, which implies a six-month ban from drawing cheques and entering new agreements with banking or postal systems in relation to the drawing of cheques.

The entry in the archive of subjects who have had their authorisation to use credit and debit cards revoked has a duration of two years but does not imply the impossibility to obtain other cards: this choice is left to the discretion of individual issuers.


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