Payment instructions – 2019

processed by TARGET and other selected interbank funds transfer systems:
Volume of transactions (number of payments)
2019 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2019 AV
TARGET
All TARGET payments
Total volume 15,936,019 15,333,484 16,684,783 16,279,218 17,462,093 15,395,758 17,684,627 16,210,184 16,104,924        
Daily average 724,364 766,674 794,513 813,960 774,038 769,788 768,897 736,827 766,901        
RTGS related payments
Total volume 7,259,392 6,733,788 7,320,307 7,282,765 7,497,533 6,835,062 7,972,035 6,858,569 7,189,047        
Daily average 329,972 336,689 348,586 364,138 340,797 341,753 346,610 311,753 342,336        
TARGET2 transactions on Dedicated Cash Accounts (DCA)
Total volume 8,676,627 8,599,696 9,364,476 8,996,453 9,964,560 8,560,696 9,712,592 9,351,615 8,915,877        
Daily average 394,392 429,985 445,927 449,822 433,241 428,035 422,287 425,073 424,566        
Other systems
EURO 1 (EBA)
Total volume 4,320,441 4,110,974 4,362,320 4,407,127 4,600,908 4,136,640 4,830,278 4,163,445 4,362,900        
Daily average 196,384 205,549 207,730 220,356 209,132 206,832 210,012 189,248 207,757        

Please note, from January 2009 the ESCB has implemented a new collection and reporting methodology for TARGET2 data to improve quality. A further improvement to this reporting methodology was implemented from January 2013. This should be considered when comparing data from before and after the implementation dates.
Please note, in June 2015 T2S went live. The transactions on DCA are reported separately.