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Payment instructions – 2021

processed by TARGET and other selected interbank funds transfer systems:
Volume of transactions (number of payments)
2021 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2021 AV
TARGET
All TARGET payments
Total volume 19,284,678 20,332,873 23,550,071 19,613,203 19,791,560 20,572,121 20,590,116 19,383,693 21,001,947 20,804,726 23,196,754 23,134,353  
Daily average 964,234 1,016,644 1,023,916 980,660 942,455 935,096 935,914 881,077 954,634 990,701 1,054,398 1,005,841  
RTGS related payments
Total volume 6,905,131 7,113,393 8,480,198 7,675,552 7,465,224 8,376,527 8,373,574 7,686,888 8,320,454 8,217,873 8,557,174 9,182,627  
Daily average 345,257 355,670 368,704 383,778 355,487 380,751 380,617 349,404 378,202 391,327 388,962 399,245  
TARGET2 transactions on T2S Dedicated Cash Accounts (DCA)
Total volume 12,379,547 13,219,480 15,069,873 11,937,651 12,326,336 12,195,594 12,216,542 11,696,805 12,681,493 12,586,853 14,639,580 13,951,726  
Daily average 618,977 660,974 655,212 596,883 586,968 554,345 555,297 531,673 576,432 599,374 665,435 606,597  
TARGET2 transactions on TIPS Dedicated Cash Accounts (DCA)
Total volume 91,417 120,011 467,065 573,094 631,835 488,853 569,306 550,538 555,615 624,420 720,963 1,552,368  
Other systems
Euro 1 (EBA)
Total volume 3,452,662 3,580,576 4,200,545 3,807,791 3,593,865 3,883,172 3,755,305 3,501,656 3,769,259 3,637,009 3,838,869 4,317,986  
Daily average 172,633 179,029 182,632 190,390 171,136 178,508 170,696 159,166 171,330 173,191 174,494 187,739  

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.