It is necessary to have a collateral account at the Deutsche Bundesbank to be able to use MACCs. If such an account has already been set up, there are only a few steps that need to be taken to be able to submit credit claims using the MACCs application.

Nationalen Verfahren für Kreditforderungen erfordern individuelle, länderspezifische Vorgehensweisen.

Operating and support hours of the CAP

Terms and conditions in connection with the CAP

In case of a longer-term TARGET incident, the Deutsche Bundesbank may grant interest-free loans as part of the emergency settlement (Enhanced Contingency Solution, ECONS) which have to be covered by sufficient collateral.

If you have general questions with regard to payments or your account please contact your responsible customer service team (KBS).

In March 2024, the ECB Governing Council approved changes to the Eurosystem’s operational framework for implementing monetary policy. The Bundesbank’s economists provide an overview of the adjustments and an outlook for the review of the technical design in 2026 in the current issue of the Monthly Report.