Information sheet on TIPS
Initiative
Official name
TIPS - towards Pan-European reachability TARGET Instant Payment Settlement
Type
Explanatory leaflet
Level 3 / Other
Initiator
ECB
Submitted
Doc. code
Summary
Status
Status
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Current version
Final version
Next step
Entry into force and application
Entry into force
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Application date
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Scope
Relevant for
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Associated initiatives
Level 1
–
Level 2
–
Level 3 / Other
TARGET consolidation
(non-binding, EU)
Pan-European instant payments via TIPS
(binding, DE)
Source: ECB, TIPS - towards Pan-European reachability TARGET Instant Payment Settlement, 2021