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Daily average number cross-border TARGET2-LU payments Luxembourg 2008-2017, by type

Daily average number of processed cross-border payments through RTGS-system TARGET2-LU in Luxembourg from 2008 to 2017, by type

The data displays the daily average number of processed cross-border payments in Luxembourg through RTGS from 2008 to 2017, by type. TARGET2 is a system that is used by European central banks and commercial banks to process payment orders in real time (also known as real-time gross settlement or RTGS). In essence, the system allows for the free flow of large-value money transactions between banks from different countries and a harmonized monetary policy in Europe. Retail payments, such as payments with credit cards, are processed by another system though: the Single Euro Payments Area or SEPA.

2008 2049 1687
2009 1981 1616
2010 2107 1704
2011 2233 1722
2012 2447 1965
2013 3179 2497
2014 3636 2694
2015 4397 3102
2016 4719 2968
2017 4701 3653