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these transactions are primarily processed via target 2 and give rise to bilateral balances in accounts held between those eu central banks connected to target. these bilateral balances are novated to the ecb daily, leaving each ncb 2 target is the trans-european automated real-time gross settlement express transfer system( see also chapter viii).
queste operazioni hanno luogo principalmente tramite target2 e danno origine a saldi bilaterali in appositi conti detenuti tra le 2 target è il sistema transeuropeo automatizzato di trasferimento espresso con regolamento lordo in tempo reale( cfr. anche il capitolo viii).