3.2 TARGET2 Outbound Transaction

In Oracle Banking Payments (OBPM), TARGET2 outbound transaction refers to a payment instruction sent from a financial institution to the TARGET2 system for settlement.

Trans-European Automated Real-time Gross Settlement Express Transfer (TARGET2) system is the real-time gross settlement (RTGS) system operated by the Eurosystem for processing high-value payments in euros.

This topic details the TARGET2 outbound transaction screens.