Credit card lying on a keyboard
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.

The digital future of payments
Participation in a Web-Seminar

To accompany Germany’s Presidency of the Council of the European Union, the Deutsche Bundesbank is hosting a series of web seminars and a web conference this autumn with a spotlight on the digital future of payments.

TARGET2 - Balance
Statistics and monitors

Bundesbank's TARGET2 claims
Amount: EUR 1,115,189,250,498.07 
(As at: 30 September 2020)

Flags of the European Union in front of the Berlaymont in Brussels

With the second Payment Services Directive (PSD2), not only credit institutions, but also third-party payment service providers are able to offer their own account services.

Danish krone available as first foreign currency in T2S
logo TARGET2-Securities

On business day 29 October 2018 the Danish krone successfully became the first foreign currency to be made available for settlement in TARGET2-Securities (T2S).

Monthly Report: Bundesbank sees benefits in blockchain technology
Cable of a mainframe

In the latest Monthly Report, the Bundesbank’s payment specialists look at distributed ledger technology (DLT).