TARGET 2 provides real - time financial transfers , debt settlement at central banks which is immediate and irreversible .
TARGET2 is used for the settlement of central bank operations , large - value Euro interbank transfers as well as other euro payments .
TARGET2   provides real - time financial transfers , debt settlement at central banks which is immediate and irreversible .
TARGET2 is used for the settlement of central bank operations , large - value Euro interbank transfers as well as other euro payments .