TARGET2: Difference between revisions
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imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
imported>Doug Williamson (Add link.) |
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Strictly speaking it is not itself a funds transfer system, rather it links existing national payment systems. | Strictly speaking it is not itself a funds transfer system, rather it links existing national payment systems. | ||
This payment system started in 2007 | This payment system started in 2007, replacing TARGET. | ||
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* [[Trans-European automated real-time gross settlement express transfer]] | * [[Trans-European automated real-time gross settlement express transfer]] | ||
* [[Gross settlement system]] | * [[Gross settlement system]] | ||
* [[ISO 20022]] | |||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Revision as of 16:00, 12 October 2016
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 2007, replacing TARGET.
