To settle instant payments in TIPS, there is a flat transaction fee of 0.2 cents for each transaction submitted. There are no fixed fees or delivery-side fees.

The transaction fees incurred for a TIPS account are integrated into the monthly invoice for the PM account linked via LM link and are collected together with the TARGET2 fees.

More information can be found in the “TARGET-Services Pricing Guide”. In addition to the fees for TIPS DCA holders this guide also contains the fees applicable to Automated Clearing Houses (ACHs) offering instant payment services as of November 2021.