Other Regulations BOE Importance: 3/10

Bank of Spain updates participation rules in the European TARGET payment system

08 Jun 2026 Effective: 15 Jun 2026 58 views
Who is affected:
Credit institutions, central banks and participants in the TARGET-Bank of Spain payment system

Summary

The Bank of Spain modifies the conditions for participation in TARGET to enable immediate payments under the new OCT Inst scheme and automate liquidity transfers between bank accounts.

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The Executive Commission of the Bank of Spain adapts its internal regulations to the TARGET system to incorporate the changes required by ECB Guideline BCE/2026/11. The main innovations include the possibility of automating liquidity transfers between MCA and DCA TIPS accounts when minimum or maximum limits set by the …

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Full official title

Resolución de 28 de mayo de 2026, de la Comisión Ejecutiva del Banco de España, por la que se modifica la de 4 de julio de 2022, de aprobación de las condiciones uniformes de participación en TARGET-Banco de España.

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Affected sectors

SMEs Technology

Categories

Tax & Revenue Labour & Employment Corporate & Business Data Protection Social Security European Regulations Grants & Subsidies Other Regulations Public Sector Education Energy Agriculture & Fisheries Real Estate

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