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Target 2
Sign in to saveAlso 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.
Wikidata facts
- Instance of
- real-time gross settlement
- Official name
- Trans-European Automated Real-time Gross Settlement Express Transfer System
Show 2 more facts
- Commons category
- TARGET2
- replaces
- TARGET
Sources (1)
via Wikidata · CC0