The National Bank administers a settlement system for securities, which ensures the secure handling of transactions in, predominantly, dematerialised securities.
RECOUR, the current account system of the National Bank, is used for the settlement of operations on the accounts of its customers.
TARGET2 is the real-time gross settlement (RTGS) system owned and operated by the Eurosystem.
Services to the financial sector
The central bank acts as the linchpin of the financial sector. Like most central banks, the National Bank has set up a number of services which it performs for credit institutions.