Check business days and holidays of the European interbank payment system TARGET2. Essential for planning your SEPA remittances.
TARGET2 (Trans-European Automated Real-time Gross Settlement Express Transfer) is the Eurosystem's interbank payment settlement system. Its business days determine when SEPA direct debits are processed.
TARGET2 has 6 fixed holidays per year: New Year's Day, Good Friday, Easter Monday, Labour Day, Christmas Day and St. Stephen's Day. Check the calendar above for exact dates.
Banks don't process SEPA payments on weekends or the 6 TARGET2 holidays. Remittance submission deadlines count only TARGET2 business days.
No. TARGET2 has its own calendar independent of each country's national holidays. Only the 6 pan-European fixed holidays apply.
Planning collections? Custodita calculates submission dates for you.
Try free — up to 10 mandates