Payment instructions – 2004

processed by TARGET and other selected interbank funds transfer systems:
Volume of transactions (number of payments)
2004 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2004 AV
TARGET
All TARGET payments
Total volume 5,439,756 5,318,916 6,292,123 5,751,498 5,515,243 5,990,663 5,915,311 5,288,705 5,667,955 5,660,876 5,887,530 6,484,910 5,767,791
Daily average 259,036 265,946 273,571 287,575 262,631 272,303 268,878 240,396 257,634 269,566 267,615 281,953 267,234
Cross-border TARGET payments
Total volume 1,313,994 1,309,966 1,560,219 1,433,434 1,360,153 1,493,259 1,441,378 1,252,011 1,375,142 1,380,940 1,417,237 1,507,638 1,403,781
Daily average 62,571 65,498 67,836 71,672 64,769 67,875 65,517 56,910 62,506 65,759 64,420 65,549 65,040
Domestic TARGET payments
Total volume 4,125,762 4,008,950 4,731,904 4,318,064 4,155,090 4,497,404 4,473,933 4,036,694 4,292,813 4,279,936 4,470,293 4,977,272 4,364,010
Daily average 196,465 200,448 205,735 215,903 197,861 204,427 203,361 183,486 195,128 203,806 203,195 216,403 202,193
Other systems
EURO 1 (EBA)
Total volume 3,040,341 3,044,484 3,584,415 3,271,454 3,145,141 3,424,360 3,801,978 3,379,071 3,650,334 3,609,581 3,757,395 4,015,442 3,477,000
Daily average 144,778 152,224 155,844 163,573 149,769 155,653 172,817 153,594 165,924 171,885 170,791 174,584 161,097
Paris Net Settlement (PNS)
Total volume 584,163 553,656 634,923 601,583 539,792 625,869 605,650 521,247 573,173 579,941 551,524 635,366 583,907
Daily average 27,817 27,683 27,605 30,079 25,704 28,449 27,530 23,693 26,053 27,616 25,069 27,625 27,054
Servicio Español de Pagos Interbancarios (SEPI)
Total volume 118,028 116,456 130,613 116,574 105,441 94,433 92,491 71,593 73,398 69,364 56,693 13,212 88,191
Daily average 5,620 5,823 5,679 5,829 5,021 4,292 4,204 3,254 3,336 3,303 2,577 1,201 4,285
Pankkien On-line Pikasiirrot ja Sekit-järjestelmä (POPS)
Total volume 42,645 41,674 46,763 45,473 57,829 80,967 45,207 42,720 40,818 38,468 38,751 42,474 46,982
Daily average 2,031 2,084 2,033 2,274 2,754 3,680 2,055 1,942 1,855 1,832 1,761 1,847 2,177

Since July 2004, the data provided for EURO1 also include the traffic of STEP1, which processes retail payments.
The Spanish system SPI was closed down on 15 December 2004.