Navigation and service

Payment systems

Cashless money transfer

Tasks and services

Efficient and secure payment systems are the foundation of a stable financial system. The Bundesbank secures and monitors cashless payments in Germany as a financial centre, provides settlement and clearing services and plays an active role in the further development of the single European payment system.



On 9 and 10 November 2016 the Bundesbank will host the conference Economics of Payments VIII. Interested researchers and economists are welcome to participate in the conference and to discuss with distinguished experts. Please find more details in the Call for participation.

Contactless payment with a credit card

CONTACTLESS: A convenient way to pay

Contactless technology is another way that your card or mobile phone can communicate with a retailer's point of sale terminal. Contactless payment is a feature that is being included with an increasing number of debit, credit and prepaid cards. Some mobile phones can also be configured for contactless payments.


Statistics and monitors

TARGET2 - Balance

Bundesbank's TARGET2 claims
Amount: EUR 715,737,921,625.34
(As at: 30 September 2016)
Further information on the TARGET2 balance.



SIBOS 2016

Eurosystem was present at specialist convention in Geneva from 26 to 29 September 2016.


Carl-Ludwig Thiele at the Conference

New payment methods: trust is paramount

Communication in real time is something we all take for granted. And consumers nowadays expect to be able to bank just as quickly. Bundesbank Executive Board member Carl-Ludwig Thiele says that providers vying for a stake in the new digital services market will only prevail if they can inspire long-term confidence in consumers.


Photo shows visitors an event

Information events on payments and account management for credit institutions

Please find the German presentation material for the events in June and July here.


Additional information

Creditor Identifier  

SEPA - Single Euro Payments Area

The SEPA direct debit scheme provides the Creditor Identifier to specify the identity of the direct debit creditor.



Newspaper sticking out of mail slot

Receive information about bank sort codes and check-digit calculation for bank account numbers, TARGET2 or general information about payment systems and securities settlement.



Abbildung eines Telefons

Should you have any questions regarding our payment and settlement systems, please contact the following persons.