TARGET Instant Payment Settlement (TIPS)

TIPS is the TARGET service for instant payments offered by the Eurosystem. TIPS stands for TARGET Instant Payment Settlement.

Useful information

Here you will find general information about TIPS, for example how the processing of instant payments in TIPS works, what the participation model looks like or how the TIPS accounts are supplied with liquidity.

Useful information
Participant information (for professional use)

In this section, TIPS users as well as institutions that are preparing for future participation in TIPS will find useful and further information. Amongst other services, these pages contain the main documentation and provide access to the relevant registration forms. If you have any questions, please contact your customer service team or the National Service Desk for TARGET Services. Contact details can be found in the right-hand column.

Participant information (for professional use)
Participation/Registration

User testing

Functional documents
Release planning

Other documents
Pan-european reachability

Here we have compiled further information on the role of TIPS in ensuring pan-European reachability and on the European regulation on the processing of instant credit transfers in Euro.

Pan-european reachability