Central Banking

ECB publishes updated Target information guide

The European Central Bank said it is publishing Monday an updated version of the information guide for credit institutions using the euro-zone's Target payment system.

Target stands for Trans-European Automated Real-time Gross settlement Express Transfer system.The new guide provides a standard set of information on Target functionality and answers the most frequently asked questions regarding the payment system, the ECB said.

The new version of the guide book is distributed by the ECB and the

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