TARGET2: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add links.) |
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== See also == | == See also == | ||
* [[Clearing House Automated Payment System]] (CHAPS) | |||
* [[European Union]] | * [[European Union]] | ||
* [[Gross settlement system]] | * [[Gross settlement system]] | ||
| Line 20: | Line 21: | ||
* [[TARGET Instant Payments Settlement]] | * [[TARGET Instant Payments Settlement]] | ||
* [[Trans-European automated real-time gross settlement express transfer]] | * [[Trans-European automated real-time gross settlement express transfer]] | ||
* [[United Payments Interface]] (UPI) | |||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Revision as of 20:34, 9 July 2022
Funds transfer.
(T2).
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.
TARGET2 is the successor to the earlier TARGET payment system.
TARGET2 replaced TARGET in 2008.
