Even after the introduction of the euro, responsibility for the coin prerogative still lies with the competent national authorities; in Germany this is the Federal Ministry of Finance. The Bundesbank, for its part, is entrusted with the task of ensuring that a sufficient range of payment mediums are available to support the execution of payments.

Here we have compiled further information on the role of TIPS in ensuring pan-European reachability and on the European regulation on the processing of instant credit transfers in Euro.

Pictures and information on the national sides of the coins in circulation in Belgium.

Pictures and information on the national sides of the coins in circulation in Andorra.

There are various documents available describing the structure and functioning of T2. There are for example the Information Guide for TARGET participants, the User Requirements Document, the User Detailed Functional Specifications, the User Handbooks or our Starting Guide which shall ease the first steps for new participants. These documents and even more can be found in this area. 

Macroprudential measures are intended to make the financial system as a whole more resilient to crises, so that the real economy can be supplied with financial services to an appropriate extent at any time. Capital buffer requirements rank among the most important measures available to regulators. Other instruments are also available in Germany to address systemic risk originating in the real estate market.

Terms and conditions, Issuance conditions and Procedural rules for auctions in connection with BBS.

All documents relevant to customer testing can be found in this area. These include for example a document containing mandatory test cases, the test calendar and the test specifications (terms of reference).

In this area all documents relevant for customer testing can be found. There are for example documents containing the T2 Mandatory Test Cases, the TARGET Services User Testing Calendar or the User Testing Terms of Reference.