Payments and securities
Today, payments are more often made online, contactless or with payment apps than with cash. The National Bank of Belgium acts as an intermediary for all payments: it manages settlement and payment systems and closely monitors payments transactions. In this way, it helps to ensure that money and securities pass safely from seller to buyer, and that you can pay reliably, efficiently and smoothly, both in Belgium and abroad.
TARGET Services are a number of services developed and operated by the Eurosystem which ensure the free flow of cash, securities and collateral across Europe. All of these services settle in central bank money.