Download TARGET2 user manual contingency forms

Participant BIC
M
Defined Value
O
New Value
M
The Addressee BIC-11 of the direct participant for
which the responsible NCB will modify the amount
subject to minimum reserve requirements It defines
the BIC though which the direct participant sends
and receives payment messages. Only 11 characters are possible.
The previous minimum reserve value, which is to be
changed.
Entry field of the new amount subject to minimum
reserve requirements for the next maintenance
period.
Frame Penalties
Sub frame “Authorise and Cancel”
Field
Participant BIC
A-C
Presence
M
M
Description
The Addressee BIC-11 of the participant, who indicates the authorisation or cancellation, must be entered in this field. It defines the BIC through which
the direct participant sends and receives payment
messages. Only 11 characters are possible.
Entry field for instruction of “authorise” (A) or “cancel” (C).
for the event of a participant/CB failure and Contingency
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