SDR and Trans-European automated real-time gross settlement express transfer: Difference between pages
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(TARGET). | |||
A payment system composed of one real-time gross settlement (RTGS) system in each of the countries of the European Union (EU) plus a number of non-EU countries and the European Central Bank (ECB) payment mechanism. | |||
The domestic RTGS systems and the ECB payment mechanism are interconnected according to common procedures (interlinking) to allow cross-border transfers throughout the EU to move from one system to another. | |||
== See also == | == See also == | ||
* [[ | * [[European Central Bank]] (ECB) | ||
* [[Gross settlement system]] | |||
* [[Interlinking]] | |||
* [[Payments and payment systems]] | |||
* [[Real-time]] | |||
* [[Real-time gross settlement system]] | |||
* [[TARGET2]] | |||
[[Category: | [[Category:Cash_management]] | ||
Revision as of 00:12, 12 March 2023
(TARGET).
A payment system composed of one real-time gross settlement (RTGS) system in each of the countries of the European Union (EU) plus a number of non-EU countries and the European Central Bank (ECB) payment mechanism.
The domestic RTGS systems and the ECB payment mechanism are interconnected according to common procedures (interlinking) to allow cross-border transfers throughout the EU to move from one system to another.
