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.


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.


Statistics and monitors

TARGET2 - Balance

Bundesbank's TARGET2 claims
Amount: EUR 562,818,295,509.41
(As at: 31 October 2015)
Further information on the TARGET2 balance.


Foto zeigt einen Globus auf Euro- und Dollar-Banknoten © Getty Images

Correspondent banking – consultative report

Through correspondent banking relationships, banks can provide cross-border payment services in different currencies. Currently, there are increasing indications that banks reduce their service level in this area – with potentially negative impact on global trade and real economy, respectively. Hence, the BIS-hosted Committee on Payments and Market Infrastructures (CPMI) prepared a report on correspondent banking describing current trends and putting forward recommendations for possible technical improvements. In the context of the consultation procedure comments are possible by 7 December 2015.

Correspondent banking - consultative report

International Conference on Payments and Settlement 2015

First International Conference on Payments and Settlement

The Deutsche Bundesbank hosted its first International Conference on Payments and Settlement. Researchers, central bank analysts and practitioners from all over the world discussed the most recent studies with regard to payments and settlement.


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 September and October 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.



Newsletter in the mailbox

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.