Trans-European automated real-time gross settlement express transfer: Difference between revisions

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imported>Doug Williamson
m (Category added 9/10/13)
imported>Doug Williamson
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== See also ==
== See also ==
* [[Interlinking]]
* [[Interlinking]]
* [[Gross settlement system]]
* [[Real-time gross settlement system]]
* [[Real-time gross settlement system]]
* [[TARGET2]]
* [[TARGET2]]


[[Category:Payment_and_Clearing_Systems]]
[[Category:Cash_management]]

Revision as of 13:38, 16 April 2014

(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