-
NBS Tasks
Browse topics
- Monetary policy
- Financial market supervision
- Financial stability
- Banknotes and coins
- Payments
- Statistics
- Research
- Legislation
-
Publications
- Activity Report of the NBS Innovation Hub Annual Report Economic and Monetary Developments Financial Stability Report Investment Policy Statement of the National Bank of Slovakia Macroprudential Commentary Policy Briefs
- Report on the Activities of the Financial Market Supervision Unit Research Papers: Working and Occasional Papers (WP/OP) Statistical Bulletin Structural Challenges Other publications Sign up for your email notifications about publications
- About the Bank
- Media
- Frequently asked questions
-
For the public
Browse topics
- About the Bank
- Exchange rates and interest rates
- Banknotes and coins
- Payments
- Financial stability
- Financial market supervision
- Statistics
- Legislation
-
Publications
- Activity Report of the NBS Innovation Hub Annual Report Economic and Monetary Developments Financial Stability Report Macroprudential Commentary
- Report on the Activities of the Financial Market Supervision Unit Statistical Bulletin Other publications Sign up for your email notifications about publications
- Frequently asked questions
- Media
- Careers
- Contact
Basic informations about TARGET2
The payment system TARGET2 (the second-generation Trans-European Automated Real-time Gross settlement Express Transfer system) is based on a single shared technical platform SSP and is used for real-time gross settlement of payments in euro and in central bank money. This platform enables a single technical procedure for submitting, receiving and processing high-value payments.
TARGET2 was launched on 19 November 2007 and has fully replaced the first-generation TARGET on May 2008. Národná banka Slovenska has been operating its own component of the TARGET2-SK system since 2.1.2009. DCA cash accounts reserved for T2S and TIPS are also part of TARGET2-SK.
Harmonized conditions for participation in TARGET2-SK
Decision of Národná banka Slovenska No. 4//2010 on settlement procedures for ancillary systems as amended. (available only in Slovak language)
Decision of Národná banka Slovenska No. 7/2015 on conditions for the opening and operation of a PM account in TARGET2-SK. (available only in Slovak language)
Decision of Národná banka Slovenska No. 9/2018 on conditions for the opening and operation of a TIPS account (TIPS DCA) in TARGET2-SK. (available only in Slovak language)
Decision of Národná banka Slovenska No. 10/2018 on conditions for the opening and operation of a T2S account (T2S DCA) in TARGET2-SK. (available only in Slovak language)
For more information about TARGET2, visit the following websites: https://www.ecb.europa.eu/paym/target/target2/html/index.en.html