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TARGET2

Index TARGET2

TARGET2 (Trans-European Automated Real-time Gross Settlement Express Transfer System) is the real-time gross settlement (RTGS) system for the Eurozone, and is available to non-Eurozone countries. [1]

38 relations: Bank of France, Bank of Italy, Branch (banking), Bretton Woods system, Capital (economics), Central bank, Clearing (finance), Commercial bank, David Marsh (financial specialist), Deutsche Bundesbank, Easter Monday, Economic and Monetary Union of the European Union, European Central Bank, Eurosystem, Eurozone, Federal Reserve Bank of Richmond, Federal Reserve System, Fedwire, Fiat money, Frankfurter Allgemeine Zeitung, Good Friday, Hans-Werner Sinn, Ifo Institute for Economic Research, ISO 9362, Jens Weidmann, Jurisdiction, Mario Draghi, Member state of the European Union, Monetary base, Paul De Grauwe, Payment system, Real-time gross settlement, Süddeutsche Zeitung, Society for Worldwide Interbank Financial Telecommunication, Stefan Homburg, T2S, University College Dublin, Wirtschaftswoche.

Bank of France

The Bank of France known in French as the Banque de France, headquartered in Paris, is the central bank of France; it is linked to the European Central Bank (ECB).

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Bank of Italy

Headquarters in Rome The Bank of Italy, known in Italian as Banca d'Italia, also known as Bankitalia, is the central bank of Italy and part of the European System of Central Banks.

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Branch (banking)

A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution (including a brokerage firm) offers a wide array of face-to-face and automated services to its customers.

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Bretton Woods system

The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western Europe, Australia, and Japan after the 1944 Bretton-Woods Agreement.

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Capital (economics)

In economics, capital consists of an asset that can enhance one's power to perform economically useful work.

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Central bank

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.

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Clearing (finance)

In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled.

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Commercial bank

A commercial bank is an institution that provides services such as accepting deposits, providing business loans, and offering basic investment products.

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David Marsh (financial specialist)

David Wayne Marsh is a British financial specialist, business consultant and writer on political, economic and monetary issues.

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Deutsche Bundesbank

The Deutsche Bundesbank is the central bank of the Federal Republic of Germany and as such part of the European System of Central Banks (ESCB).

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Easter Monday

Easter Monday is the day after Easter Sunday and is a holiday in some countries.

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Economic and Monetary Union of the European Union

The Economic and Monetary Union (EMU) is an umbrella term for the group of policies aimed at converging the economies of member states of the European Union at three stages.

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European Central Bank

The European Central Bank (ECB) is the central bank for the euro and administers monetary policy of the euro area, which consists of 19 EU member states and is one of the largest currency areas in the world.

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Eurosystem

The Eurosystem is the monetary authority of the eurozone, the collective of European Union member states that have adopted the euro as their sole official currency.

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Eurozone

No description.

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Federal Reserve Bank of Richmond

The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia.

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Federal Reserve System

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America.

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Fedwire

Fedwire (formerly known as the Federal Reserve Wire Network) is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that allows financial institutions to electronically transfer funds between its more than 9,289 participants (as of March 19, 2009).

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Fiat money

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation.

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Frankfurter Allgemeine Zeitung

The Frankfurter Allgemeine Zeitung (Frankfurt General Newspaper), abbreviated FAZ, is a centre-right, liberal-conservativeHans Magnus Enzensberger: (in German).

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Good Friday

Good Friday is a Christian holiday celebrating the crucifixion of Jesus and his death at Calvary.

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Hans-Werner Sinn

Hans-Werner Sinn (born 7 March 1948) is a German economist and was President of the Ifo Institute for Economic Research from 1999-2016.

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Ifo Institute for Economic Research

The Ifo Institute for Economic Research is a Munich-based research institution.

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ISO 9362

ISO 9362 defines a standard format of Bank Identifier Codes (also known as SWIFT-BIC, BIC, SWIFT ID or SWIFT code) approved by the International Organization for Standardization (ISO).

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Jens Weidmann

Jens Weidmann (born 20 April 1968) is a German economist, president of the Deutsche Bundesbank, and Chairman of the Board of the Bank for International Settlements.

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Jurisdiction

Jurisdiction (from the Latin ius, iuris meaning "law" and dicere meaning "to speak") is the practical authority granted to a legal body to administer justice within a defined field of responsibility, e.g., Michigan tax law.

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Mario Draghi

Mario Draghi (born 3 September 1947) is an Italian economist serving as the President of the European Central Bank since 2011.

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Member state of the European Union

The European Union (EU) consists of 28 member states.

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Monetary base

In economics, the monetary base (also base money, money base, high-powered money, reserve money, outside money, central bank money or, in the UK, narrow money) in a country is defined as the portion of a commercial bank's reserves that consist of the commercial bank's accounts with its central bank plus the total currency circulating in the public, plus the currency, also known as vault cash, that is physically held in the bank's vault.

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Paul De Grauwe

Paul De Grauwe (born 18 July 1946) is a Belgian economist and John Paulson Professor in European Political Economy at the London School of Economics and Political Science as head of the European Institute.

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Payment system

A payment system is any system used to settle financial transactions through the transfer of monetary value, and includes the institutions, instruments, people, rules, procedures, standards, and technologies that make such an exchange possible.

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Real-time gross settlement

Real-time gross settlement systems are specialist funds transfer systems where the transfer of money or securities takes place from one bank to another on a "real time" and on a "gross" basis.

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Süddeutsche Zeitung

The Süddeutsche Zeitung (German for South German Newspaper), published in Munich, Bavaria, is one of the largest daily newspapers in Germany.

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Society for Worldwide Interbank Financial Telecommunication

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.

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Stefan Homburg

Stefan Homburg (born March 10, 1961) is a German professor of economics.

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T2S

T2S (TARGET2-Securities) is a new European securities settlement engine which aims to offer centralised delivery-versus-payment (DvP) settlement in central bank funds across all European securities markets.

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University College Dublin

University College, Dublin (commonly referred to as UCD; An Coláiste Ollscoile, Baile Átha Cliath) is a research university in Dublin, Ireland.

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Wirtschaftswoche

Wirtschaftswoche is a German weekly business news magazine published in Germany.

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Redirects here:

TARGET, Target 2, Target II, Target-2.

References

[1] https://en.wikipedia.org/wiki/TARGET2

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