TARGET2: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Doug Williamson m (Added Gross settlement system to see also) |
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== See also == | == See also == | ||
* [[Trans-European automated real-time gross settlement express transfer]] | * [[Trans-European automated real-time gross settlement express transfer]] | ||
* [[Gross settlement system]] | |||
[[Category:Payment_and_Clearing_Systems]] | [[Category:Payment_and_Clearing_Systems]] | ||
Revision as of 13:31, 16 April 2014
TARGET2 (Trans-European Automated Real-time Gross settlement Express Transfer system) is an interbank payment system for the real-time processing of cross-border transfers throughout the EU.
Strictly speaking it is not itself a funds transfer system, rather it links existing national payment systems.
This payment system started in November 2007 to replace TARGET.
