TARGET Instant Payment Settlement

sys_tips

TIPS is the Eurosystem's instant-payment settlement service, launched in 2018. It settles in central-bank money for euro, Swedish krona and Danish krone, with a cross-currency service linking those currencies and connecting participating providers to immediate final settlement.

TPV
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Transactions
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Operator

Markets

Markets connected to TIPS, using the same four-metric model as the overview.

Schemes

Schemes connected to TIPS, using the same four-metric model as the overview.

Compliance

Standards