Difference between revisions of "Trans-European automated real-time gross settlement express transfer"
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(Linked to The Treasurers Handbook - Payments and payment systems) |
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== See also == | == See also == | ||
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* [[Gross settlement system]] | * [[Gross settlement system]] | ||
| + | * [[Interlinking]] | ||
| + | * [[Payments and payment systems]] | ||
* [[Real-time gross settlement system]] | * [[Real-time gross settlement system]] | ||
* [[TARGET2]] | * [[TARGET2]] | ||
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[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Latest revision as of 16:57, 3 January 2018
(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.
