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Purposes of Information Systems – Electronic Payment Systems TARGET2

Jeflea Victor Florin ()
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Jeflea Victor Florin: Faculty of Economics, Ovidius University of Constanta

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 557-559

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.

Keywords: payment system; CSD; SSD; ReGIS; SENT; TARGET2 (search for similar items in EconPapers)
JEL-codes: D80 (search for similar items in EconPapers)
Date: 2012
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