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Traffic settled in the TARGET Services – 2023

Settled volumes (number of payments)
2023 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
TARGET
All TARGET payments
Total volume 39,259,157 37,667,107 44,501,362 37,154,161 44,640,370 44,833,086 42,943,663 43,487,696 42,860,546 48,893,046 44,572,283 48,610,015
Daily average 1,541,110 1,636,226 1,711,269 1,643,187 1,695,267 1,767,495 1,696,255 1,634,787 1,715,900 1,872,617 1,743,173 1,988,922
CLM related payments
Total volume     63,220 115,920 137,329 141,814 130,865 140,026 135,106 139,289 135,809 121,202
Daily average     6,322 6,440 6,242 6,446 6,232 6,088 6,434 6,331 6,173 6,379
RTGS related payments
Total volume 8,316,839 8,098,037 9,371,312 7,811,210 8,819,944 8,974,908 8,638,957 8,428,800 8,366,409 8,926,554 8,615,392 8,644,980
Daily average 378,038 404,902 407,448 433,956 400,907 407,950 411,379 366,470 398,400 405,752 391,609 454,999
TARGET transactions on T2S Dedicated Cash Accounts (DCA)
Total volume 12,498,233 12,270,005 14,822,483 10,285,043 12,214,632 13,410,629 11,474,650 12,104,372 11,603,520 13,320,622 12,486,823 11,890,907
Daily average 568,102 613,500 644,456 571,391 531,071 609,574 546,412 526,277 552,549 605,483 567,583 625,837
TARGET transactions on TIPS Dedicated Cash Accounts (DCA)
Total volume 18,444,085 17,299,065 20,244,347 18,941,988 23,468,465 22,305,735 22,699,191 22,814,498 22,755,511 26,506,581 23,334,259 27,952,926
Daily average 594,970 617,824 653,043 631,400 757,047 743,525 732,232 735,952 758,517 855,051 777,809 901,707

Please note that changes and improvements in the reporting methodology have taken place in January 2009 and January 2013. This should be considered when comparing data from before and after the implementation dates.
CLM related payments are payments involving central banks, such as monetary policy operations. Until the go-live of the T2-T2S consolidation on 20 March 2023, all TARGET2 payments are reported as RTGS related payments.