TARGET2 multi addressee refers to the capability to manage and process payments to multiple recipients or addressees within the TARGET2 payment system.

The system refers to the RTGS Directory Detailed (PMDRTGSD) screen to check if participation type is Multiaddressee - (Credit Institutions) / (Branch of Direct Participant).

The system populates the Instructed Agent with Account Holder BIC value and Business Application Header To BIC with the RTGS BIC value from the RTGS Directory in the generated messages.