T2 documents and links
Operational Status
Subscribe to email alerts about the operational status of T2Shared features
A number of components are shared across the TARGET Services. This page offers a single point of access to information about the TARGET Services Common components and other shared features.
Shared documentationT2 Documentation
T2 Production Problems
T2 Change Requests
T2 releases: content, main milestones and documentation
T2 Release R2025.NOV
T2 Release R2025.JUN
T2 Release R2024.NOV
T2 Release R2024.JUN
T2 Release R2023.NOV
- T2 Final PROD Release note
- T2 Final UTEST Release note (Package 9, 27/10/2023)
- T2 Final UTEST Release note (Package 8, 20/10/2023)
- T2 Final UTEST Release note (Package 7, 13/10/2023)
- T2 Final UTEST Release note (Package 6, 06/10/2023)
- T2 Final UTEST Release note (Package 5, 29/09/2023)
- T2 Final UTEST Release note (Packages 1-4, 22/09/2023)
- T2 R2023.NOV release scope
- T2 R2023.NOV main milestones
T2 Release R2023.JUN
Technical/ functional/ legal documents
Documents related to shared features of the TARGET Services (e.g. ESMIG, CRDM, BILL) are provided in the dedicated webpage Shared documentation – For professional use.
T2 User Requirements Document (URD)
- User Requirements Document R2024.NOV - Cover Note
- User Requirements Document - T2 - Central Liquidity Management R2024.NOV
- User Requirements Document - T2 - Central Liquidity Management - CB Annex R2024.NOV
- User Requirements Document - T2 - RTGS R2024.NOV
- User Requirements Document - T2 - RTGS - CB Annex R2024.NOV
T2 User Detailed Functional Specifications (UDFS)
- T2 User Detailed Functional Specifications R2025.NOV – Cover Note
- T2 User Detailed Functional Specifications R2025.NOV – Central Liquidity Management (CLM) – with revisions.
This document is currently undergoing a review process in the TARGET Services Governance. As soon as such process is completed, an update will be published. - T2 User Detailed Functional Specifications R2025.NOV – Real-time Gross Settlement System (RTGS) – with revisions.
This document is currently undergoing a review process in the TARGET Services Governance. As soon as such process is completed, an update will be published. - T2 User Detailed Functional Specifications R2025.NOV – Enhanced Contingency Solution (ECONSII) – with revisions.
This document is currently undergoing a review process in the TARGET Services Governance. As soon as such process is completed, an update will be published. - T2 User Detailed Functional Specifications R2025.NOV – Business Validation Rules – with revisions.
This document is currently undergoing a review process in the TARGET Services Governance. As soon as such process is completed, an update will be published.
T2 User Handbooks (UHB)
- T2 User Handbook R2025.NOV – Cover Note
- T2 User Handbook R2025.NOV – Real-Time Gross Settlement (RTGS) – with revisions.
This document is currently undergoing a review process in the TARGET Services Governance. As soon as such process is completed, an update will be published. - T2 User Handbook R2025.NOV – Central Liquidity Management (CLM) – with revisions.
This document is currently undergoing a review process in the TARGET Services Governance. As soon as such process is completed, an update will be published. - T2 User Handbook R2025.NOV – Enhanced Contingency Solution (ECONSII)
T2 Connectivity
Note: Please refer to the Shared documentation – For professional use for ESMIG documentation.
Legal Documents
Note: please refer to the TARGET Guideline.
T2 Contact Group documentation
T2 Participation/Registration
Supporting Documents
Information Guide for TARGET participants R2025.JUN
Information Guide for TARGET participants April 2025
Information Guide for TARGET participants R2024.NOV
Information Guide for TARGET participants R2024.JUN
Information Guide for TARGET participants R2023.NOV
Information Guide for TARGET participants R2023.MAR
Other
Ancillary Systems
Glossary
T2 Knowledge-based repository
T2 testing
T2 business continuity management
The T2 business continuity management presents the operational risk management, the service continuity management model, the locations of the operational centres and the contingency arrangements for T2 to help the Eurosystem perform its statutory tasks of promoting the smooth operation of payment systems, implementing monetary policy and maintaining financial stability.
T2 business continuity management