TARGET2 for Central Banks
TARGET2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem. TARGET stands for Trans-European Automated Real-time Gross settlement Express Transfer system.
- Before your institution subscribes to TARGET2 services, please talk to your National Central Bank to determine your needs.
- Depending on your participation in TARGET2, select the scenario that suits your needs from the tables below.
- Alliance Lite 1 users must use the forms available on this page.
- TARGET2 Participants users must use the forms aivailable on this page.