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Payment instructions – 2022

processed by TARGET and other selected interbank funds transfer systems:
Volume of transactions (number of payments)
2022 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2022 AV
TARGET
All TARGET payments
Total volume 21,422,562 21,738,749 26,027,417 19,860,683 21,775,276 21,853,989 20,068,035 20,612,814 21,344,293 20,220,158      
Daily average 1,020,122 1,086,937 1,131,627 1,045,299 989,785 993,363 955,621 896,209 970,195 962,865      
RTGS related payments
Total volume 7,851,845 7,872,165 9,242,151 8,033,884 8,559,986 8,776,927 8,696,556 8,470,436 8,792,535 8,539,526      
Daily average 373,897 393,608 401,833 422,836 389,090 398,951 414,122 368,280 399,661 406,644      
TARGET2 transactions on T2S Dedicated Cash Accounts (DCA)
Total volume 13,570,717 13,866,584 16,785,266 11,826,799 13,215,290 13,077,062 11,371,479 12,142,378 12,551,758 11,680,632      
Daily average 646,225 693,329 729,794 622,463 600,695 594,412 541,499 527,929 570,534 556,221      
TARGET2 transactions on TIPS Dedicated Cash Accounts (DCA)
Total volume 1,893,515 3,713,573 5,637,624 7,186,975 9,416,469 9,594,980 9,808,689 10,672,373 11,718,277        
Other systems
Euro 1 (EBA)
Total volume 3,455,761 3,468,562 4,085,948 3,544,305 3,709,099 3,785,893 3,649,218 3,614,315 3,674,528 3,591,791      
Daily average 164,560 173,428 177,650 186,542 168,595 172,086 173,772 157,144 167,024 171,038      

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.