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Payment instructions – 2016

processed by TARGET and other selected interbank funds transfer systems: Volume of transactions (number of payments)
2016 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2016 AV
TARGET
All TARGET payments
Total volume 8,038,086 8,749,880 8,924,156 8,767,665 9,265,720 10,043,408 9,080,473 8,702,555 10,677,428 11,251,299 11,809,236 12,168,093  
Daily average 401,904 416,661 425,079 417,506 421,169 456,519 432,403 378,372 485,338 535,776 536,783 579,433  
RTGS related payments
Total volume 6,478,190 6,875,683 7,237,799 7,031,961 7,495,948 7,928,109 7,445,322 7,234,871 7,486,460 7,306,403 7,546,999 7,828,261  
Daily average 323,910 327,413 344,657 334,855 340,725 360,369 354,539 314,560 340,294 347,924 343,045 372,774  
TARGET2 transactions on Dedicated Cash Accounts (DCA)
Total volume 1,559,896 1,874,197 1,686,357 1,735,704 1,769,772 2,115,299 1,635,151 1,467,684 3,190,968 3,944,896 4,262,237 4,339,832  
Daily average 77,995 89,247 80,422 82,650 80,444 96,150 77,864 63,812 145,044 187,852 193,738 206,659  
Other systems
EURO 1 (EBA)
Total volume 4,025,376 4,317,646 4,639,084 4,498,012 4,498,120 4,762,260 4,383,942 4,277,990 4,481,695 4,394,236 4,464,406 4,623,766  
Daily average 201,269 205,602 220,909 214,191 204,460 216,466 208,759 186,000 203,713 209,249 202,928 220,179  

Please note, from January 2009 the ESCB has implemented a new collection and reporting methodology for TARGET2 data to improve quality. A further improvement to this reporting methodology was implemented from January 2013. This should be considered when comparing data from before and after the implementation dates.
Please note, in June 2015 T2S went live. The transactions on DCA are reported separately.