EBA Clearing

EBA Clearing is a financial service provider that operates secure, efficient systems for processing large payment transactions in Europe. It manages platforms like TARGET2-Securities and EURO1, which enable banks and financial institutions to transfer funds quickly and reliably across countries. EBA Clearing ensures these transactions are settled securely, reducing risks and enhancing financial stability within the eurozone. Overall, it acts as a backbone for European financial infrastructure, facilitating seamless cross-border payments and securities settlements.