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TARGET2
EntityQ371603· pop 13· linked from 15 articles

Also known as Trans-European Automated Real-time Gross Settlement Express Transfer System

TARGET2 was the real-time gross settlement (RTGS) system for the Eurozone from its phased introduction in 2007-2008 until its replacement with T2 in March 2023. As such, it was one of the Eurosystem's TARGET Services, replacing the original TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer System) RTGS introduced in 1999. Like the other TARGET Services, it was developed and owned by the Eurosystem.

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Official name
Trans-European Automated Real-time Gross Settlement Express Transfer System
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TARGET2
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~19 min read

Article

13 sections
Contents
  • Overview
  • History
  • Participation
  • Activity
  • Statistics
  • Pricing
  • Holidays
  • Operations
  • Outages
  • Intra-system balances
  • See also
  • References
  • External links

TARGET2 was the real-time gross settlement (RTGS) system for the Eurozone from its phased introduction in 2007-2008 until its replacement with T2 in March 2023. As such, it was one of the Eurosystem's TARGET Services, replacing the original TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer System) RTGS introduced in 1999. Like the other TARGET Services, it was developed and owned by the Eurosystem.

==Overview==

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