Compensation Scheme
If, owing to a technical failure of TARGET, a TARGET payment was not settled on the business day on which it was accepted and this resulted in an interest rate disadvantage for which you wish to submit a claim for compensation in accordance with the TARGET compensation scheme, please proceed as follows.
- Fill in the form below “TARGET Compensation Scheme (claim form)” and send it to the following e-mail address:
t2cs.payments@bundesbank.de - Thereafter please print the completed form, sign it and send it together with applicable information and documents verifying your statements, to the following address:
-
Deutsche Bundesbank
Payments and Settlement Systems
Complaints and Claim Processing (Z 24)Postfach 10 06 02
60006 Frankfurt am Main
Form
TARGET compensation scheme
For more information on the TARGET compensation scheme, please see the information provided in Annex II of the terms and conditions for participation in TARGET-Bundesbank.