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Purposes of Information Systems – Electronic Payment Systems TARGET2

Author

Listed:
  • Jeflea Victor Florin

    (Faculty of Economics, Ovidius University of Constanta)

Abstract

In Romania there are three payment systems, respectively one for large-value payments in lei (ReGIS), one for retail payment in lei (SENT), and one for large-value payments in Euro (TARGET2-Romania).There is also a system of deposing and settlement of government securities and certificates of deposit issued by the central bank (SaFIR) and two systems of clearing/settlement of mobile values RoClear and SIBEX that settle in ReGIS system. All the afore-mentioned systems ensure the settlement via accounts of the credit institutions opened in NBR.

Suggested Citation

  • Jeflea Victor Florin, 2012. "Purposes of Information Systems – Electronic Payment Systems TARGET2," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 557-559, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:557-559
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    More about this item

    Keywords

    payment system; CSD; SSD; ReGIS; SENT; TARGET2;
    All these keywords.

    JEL classification:

    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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