Logo TARGET-Services - T2
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 1,056,231,348,954.64 
(As at: 31 August 2020)

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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