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The European Central Bank in Frankfurt am Main
TARGET2 - an integrated Europe for individual payments

TARGET stands for Trans-European Automated Real-time Gross settlement Express Transfer system and is the settlement system used by Eurosystem central banks for urgent, real-time transfers.

TARGET2 - Balance
Statistics and monitors

Bundesbank's TARGET2 claims
Amount: EUR 956,487,581,134.14
(As at: 30 September 2018)

Factsheet - TARGET2
Image on payment systems fact sheet

TARGET2 allows central banks to transfer in real time and offers participants a number of Advantages.

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