Trans-European automated real-time gross settlement express transfer: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson (Update link.) |
||
| (7 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
(TARGET). A payment system composed of one real-time gross settlement (RTGS) system in each of the countries of the European Union (EU) and the European Central Bank (ECB) payment mechanism. | (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. | 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]] | * [[Interlinking]] | ||
* [[Payments and payment systems]] | |||
* [[Real-time]] | |||
* [[Real-time gross settlement system]] | * [[Real-time gross settlement system]] | ||
* [[ | * [[T2]] | ||
[[Category:Cash_management]] | |||
Latest revision as of 01:45, 3 April 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.
