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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 39,290,446 37,697,016 44,524,700 37,159,483 44,646,325 44,838,958 42,949,070 43,493,366 42,865,818 48,898,728 44,577,889 48,615,025
Daily average 1,542,532 1,637,721 1,712,449 1,643,482 1,695,537 1,767,763 1,696,512 1,635,033 1,716,151 1,872,876 1,743,428 1,989,186
CLM related payments
Total volume     66,141 119,526 141,312 145,763 134,413 143,769 138,633 143,050 139,555 124,647
Daily average     6,614 6,640 6,423 6,626 6,401 6,251 6,602 6,502 6,343 6,560
RTGS related payments
Total volume 8,348,128 8,127,946 9,391,729 7,812,926 8,821,916 8,976,831 8,640,816 8,430,727 8,368,154 8,928,475 8,617,252 8,646,545
Daily average 379,460 406,397 408,336 434,051 400,996 408,038 411,467 366,553 398,484 405,840 391,693 455,081
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.