European Regulations DOUE Importance: 3/10

ECB authorizes signing of agreements with TARGET payment system customers

02 Jul 2026 Effective: 23 Jun 2026 17 views
Who is affected:
Financial entities and central banks participating in the TARGET-ECB payment system

Summary

The European Central Bank internally approves the signing of contracts with customers using TARGET-ECB, the European real-time interbank payment system.

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This ECB decision formalizes internal authorization to execute contractual agreements with participants in TARGET-ECB, the ECB component within the TARGET system (Trans-European Automated Real-time Gross settlement Express Transfer). TARGET is the Eurosystem payment infrastructure used by central banks and credit insti…

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Full official title

OJ:L_202601520: Decisión (UE) 2026/1520 del Banco Central Europeo, de 23 de junio de 2026, por la que se autoriza la firma de acuerdos con los clientes de TARGET-ECB (BCE/2026/14)

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