Activity log: every row ClearingPost's change records hold, as recorded, including bookkeeping entries, context notes and rows not reviewed as changes. Dates and statuses are as stored. Recorded changes →
Correction and timing history
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-provenance-0e617935. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-systems-1198366d. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-currentversion-3bb1df0d. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-title-e8538063. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-currenturl-88153b4a. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-type-33a50448. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-schemes-738aecfa. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-publisher-4f5c5271. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-versions-c7e1a13b. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-regions-7b90f171. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-currentversion-75157427. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-title-cd7de042. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-currenturl-a19a61bc. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-documents-epsg-sps-volume-versions-a0162e90. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-esas-avgdailyvalue-1ecef4cc. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Timing record for change chg-2026-09-28-esas-vol-02e3d59f. Original row stored no date.
ClearingPost recorded no timing stated on 28 September 2026.
Changes for TIPS
Structured change records explicitly mapped to this payment system.
TIPS subsystem record changed from 14,884 reachable parties; 323 DCAs, 12 ASTAs (euro); 341 total DCAs+ASTAs (EUR+SEK, Dec 2024) (as of 2024-12-31) to 16,279 reachable BICs covering 3,646 distinct financial institutions (EUR) (as of 2026-09-01).
14,884 reachable parties; 323 DCAs, 12 ASTAs (euro); 341 total DCAs+ASTAs (EUR+SEK, Dec 2024) (as of 2024-12-31) →changed to 16,279 reachable BICs covering 3,646 distinct financial institutions (EUR) (as of 2026-09-01)
Full captured detail
TIPS subsystem record changed from 14,884 reachable parties; 323 DCAs, 12 ASTAs (euro); 341 total DCAs+ASTAs (EUR+SEK, Dec 2024) (as of 2024-12-31) to 16,279 reachable BICs covering 3,646 distinct financial institutions (EUR) (as of 2026-09-01). Recorded by ClearingPost on 2026-09-24.
Deployment of TIPS Release R2027.JUN to production starts on 7 June 2027. The release is live in production on 11 June 2027. User testing runs from 2 April 2027 to 23 May 2027. The MIB approves deployment to production on 26 May 2027.
Full captured detail
Deployment of TIPS Release R2027.JUN to production starts on 7 June 2027. The release is live in production on 11 June 2027. User testing runs from 2 April 2027 to 23 May 2027. The MIB approves deployment to production on 26 May 2027. TIPS specification documents are published for market review on 4 November 2026.. Recorded by ClearingPost on 2026-09-24.
Previous value: Verified 2026-09-22 from 'Main Milestones TIPS Release R2027.JUN', linked from the ECB TIPS professional-use page. It lists 'Start of deployment of TIPS Release R2027.JUN to Production' as 07/06/2027 and 'TIPS Release R2027.JUN is live in Production' as 11/06/2027. The document gives no service interruption, so the impact is informational. It does not describe the release content. No matching T2 R2027.JUN deployment date was published on the Bundesbank T2 release-planning page at the time of thi… [truncated]
New value: Deployment of TIPS Release R2027.JUN to production starts on 7 June 2027. The release is live in production on 11 June 2027. User testing runs from 2 April 2027 to 23 May 2027. The MIB approves deployment to production on 26 May 2027. TIPS specification documents are published for market review on 4 November 2026.
TIPS subsystem record changed from €999,999,999.99 (per EPC 2025 SCT Inst Rulebook v1.0, effective October 5, 2025; previously €100,000) to €999,999,999.99 at scheme level (EPC 2025 SCT Inst Rulebook v1.0, effective 5 October 2025).
€999,999,999.99 (per EPC 2025 SCT Inst Rulebook v1.0, effective October 5, 2025; previously €100,000) →changed to €999,999,999.99 at scheme level (EPC 2025 SCT Inst Rulebook v1.0, effective 5 October 2025). The ECB TIPS facts page states no upper limit at platform level.
Full captured detail
TIPS subsystem record changed from €999,999,999.99 (per EPC 2025 SCT Inst Rulebook v1.0, effective October 5, 2025; previously €100,000) to €999,999,999.99 at scheme level (EPC 2025 SCT Inst Rulebook v1.0, effective 5 October 2025). The ECB TIPS facts page states no upper limit at platform level.. Recorded by ClearingPost on 2026-09-24.
TIPS participant count updated123 direct participants; 9,133 reachable parties (EUR, ECB facts page, last updated August 3, 2026) →changed to 123 direct participants and 9,133 reachable parties (ECB facts page, August 3, 2026); ECB participants and reachable parties list dated September 1, 2026 carries 16,279 BICs
TIPS subsystem record updated9,562,614 daily avg (EUR 4,993,929 + SEK 3,027,258 + DKK 1,541,427, Jul 2026). Full-year 2025 EUR daily avg: 2,735,053 (+110.8% YoY). Dec 2025 EUR daily avg: 3,845,376; max daily: 5,759,570. (as of 2026-07-31) →changed to 9,562,614 daily avg (EUR 4,993,929 + SEK 3,027,258 + DKK 1,541,427, Jul 2026). Full-year 2025 EUR daily avg: 2,735,053 (+119.5% YoY). Dec 2025 EUR daily avg: 3,845,376; max daily: 5,759,570. (as of 2026-07-31)
TIPS subsystem record updated+82.5% total transactions (2025 vs 2024; 2.47B vs 1.35B instant payments) →changed to +82.5% total (2.47B vs 1.35B, 2025 vs 2024); EUR +119.5% (998M txns, €792.8B); SEK 1.05B txns; DKK 421M txns
ECB R2026.NOV milestones: deployment to production begins Oct 28, production go-live Nov 9. T2S/CEU co-deployed same weekend Nov 14-15 for BD Nov 16.. Recorded by ClearingPost on 2026-08-25.
TIPS subsystem record recorded as +82.5% total transactions (2025 vs 2024; 2.47B vs 1.35B instant payments). First structured value captured by ClearingPost on 2026-08-24.
TIPS participant count changed from 123 direct participants; 9,133 reachable parties (EUR, ECB facts page, April 2026) to 123 direct participants; 9,133 reachable parties (EUR, ECB facts page, last updated August 3, 2026).
123 direct participants; 9,133 reachable parties (EUR, ECB facts page, April 2026) →changed to 123 direct participants; 9,133 reachable parties (EUR, ECB facts page, last updated August 3, 2026)
Full captured detail
TIPS participant count changed from 123 direct participants; 9,133 reachable parties (EUR, ECB facts page, April 2026) to 123 direct participants; 9,133 reachable parties (EUR, ECB facts page, last updated August 3, 2026). Recorded by ClearingPost on 2026-08-21.
ECB published T2 operating hours extension roadmap on May 28, 2026, based on consultation feedback from 125 entities across 19 countries.
Full captured detail
ECB published T2 operating hours extension roadmap on May 28, 2026, based on consultation feedback from 125 entities across 19 countries. Short-term measures affecting TIPS: settlement window for T2 liquidity transfers on weekends and TARGET holidays, automatic remuneration of excess liquidity in TIPS DCAs, and rule-based liquidity transfers between TIPS DCAs and T2 MCAs. ECB Governing Council recorded decision June 12, 2026. Next market consultation planned by early 2027 for potential full 24/7 T2 operations. Recorded by ClearingPost on 2026-08-21.
Previous value: TIPS Clone (Western Balkans): Banca d'Italia launched a separate TIPS-technology-based instant payment settlement platform for Western Balkans on July 20, 2026. Central Bank of Bosnia and Herzegovina and Central Bank of Montenegro went live initially. Albania, Kosovo, and North Macedonia expected in November 2026 second wave. TIPS Clone settles in participating countries' currencies (central bank money) while EUR settles in commercial bank money. It is operationally independent from the Eurosyst… [truncated]
New value: ECB published T2 operating hours extension roadmap on May 28, 2026, based on consultation feedback from 125 entities across 19 countries. Short-term measures affecting TIPS: settlement window for T2 liquidity transfers on weekends and TARGET holidays, automatic remuneration of excess liquidity in TIPS DCAs, and rule-based liquidity transfers between TIPS DCAs and T2 MCAs. ECB Governing Council recorded decision June 12, 2026. Next market consultation planned by early 2027 for potential full 24/7… [truncated]
Includes TIPS-0097-SYS (ISO Maintenance Release 2025 message version updates) and TIPS-0080-SYS (R-only transactions BIC functionality for exceptional scenarios such as mergers). Western Balkan countries (except Serbia) onboarded to TIPS..
Full captured detail
Includes TIPS-0097-SYS (ISO Maintenance Release 2025 message version updates) and TIPS-0080-SYS (R-only transactions BIC functionality for exceptional scenarios such as mergers). Western Balkan countries (except Serbia) onboarded to TIPS.. Recorded by ClearingPost on 2026-08-18.
New value: Includes TIPS-0097-SYS (ISO Maintenance Release 2025 message version updates) and TIPS-0080-SYS (R-only transactions BIC functionality for exceptional scenarios such as mergers). Western Balkan countries (except Serbia) onboarded to TIPS.
ECB TIPS facts page participant list updated to August 3, 2026 (previously listed as June 1, 2026).
Full captured detail
ECB TIPS facts page participant list updated to August 3, 2026 (previously listed as June 1, 2026). Direct participant and reachable party counts (123 direct participants, 9,133 reachable parties from ClearingPost's April 2026 note) pending verification against the refreshed list. The TARGET Services Annual Report 2024 reported 323 DCAs and 14,884 reachable parties at end-2024, which may reflect different counting methodology (DCAs vs direct participants) or scope differences. Recorded by ClearingPost on 2026-08-18.
Previous value: June 2026 set a new EUR record daily average — first month above 5 million (+40% month-on-month) with record EUR value; SEK recovered and DKK declined. Active EUR DCAs grew 45% after the October 2025 IPR wave. Excess reserves in TARGET accounts earn the deposit facility rate from June 17, 2026. Mastercard Move completed the first non-bank cross-currency settlement on the TIPS X-CCY pilot with Danmarks Nationalbank and Sveriges Riksbank (June 2026). TIPS pricing unchanged (Pricing Guide v3.0, Jul… [truncated]
New value: ECB TIPS facts page participant list updated to August 3, 2026 (previously listed as June 1, 2026). Direct participant and reachable party counts (123 direct participants, 9,133 reachable parties from ClearingPost's April 2026 note) pending verification against the refreshed list. The TARGET Services Annual Report 2024 reported 323 DCAs and 14,884 reachable parties at end-2024, which may reflect different counting methodology (DCAs vs direct participants) or scope differences.
TIPS Clone (Western Balkans): Banca d'Italia launched a separate TIPS-technology-based instant payment settlement platform for Western Balkans on July 20, 2026. Central Bank of Bosnia and Herzegovina and Central Bank of Montenegro went live initially.
Full captured detail
TIPS Clone (Western Balkans): Banca d'Italia launched a separate TIPS-technology-based instant payment settlement platform for Western Balkans on July 20, 2026. Central Bank of Bosnia and Herzegovina and Central Bank of Montenegro went live initially. Albania, Kosovo, and North Macedonia expected in November 2026 second wave. TIPS Clone settles in participating countries' currencies (central bank money) while EUR settles in commercial bank money. It is operationally independent from the Eurosystem TIPS platform. The TIPS R2026.NOV release (deploying November 9, 2026 to the main TIPS system) reportedly includes technical provisions for Western Balkan country onboarding support. Recorded by ClearingPost on 2026-08-18.
Previous value: ECB TIPS facts page participant list updated to August 3, 2026 (previously listed as June 1, 2026). Direct participant and reachable party counts (123 direct participants, 9,133 reachable parties from ClearingPost's April 2026 note) pending verification against the refreshed list. The TARGET Services Annual Report 2024 reported 323 DCAs and 14,884 reachable parties at end-2024, which may reflect different counting methodology (DCAs vs direct participants) or scope differences.
New value: TIPS Clone (Western Balkans): Banca d'Italia launched a separate TIPS-technology-based instant payment settlement platform for Western Balkans on July 20, 2026. Central Bank of Bosnia and Herzegovina and Central Bank of Montenegro went live initially. Albania, Kosovo, and North Macedonia expected in November 2026 second wave. TIPS Clone settles in participating countries' currencies (central bank money) while EUR settles in commercial bank money. It is operationally independent from the Eurosyst… [truncated]
TIPS participant count changed from 123 direct participants, 9,133 reachable parties (euro, TIPS facts page, April 1, 2026); 323 DCAs, 12 ASTAs (end-2024 Annual Report; one institution may hold multiple DCAs); 14,884 reachable parties (end-2024 Annual…
Full captured detail
TIPS participant count changed from 123 direct participants, 9,133 reachable parties (euro, TIPS facts page, April 1, 2026); 323 DCAs, 12 ASTAs (end-2024 Annual Report; one institution may hold multiple DCAs); 14,884 reachable parties (end-2024 Annual Report). Direct participant count (123) vs. DCA count (323): one institution can hold multiple DCAs. Reachable party decrease (14,884 to 9,133) likely reflects different counting scope on facts page vs. Annual Report — flagged for investigation. TIPS-CG traffic presentation (Feb 2026… [truncated] to 123 direct participants; 9,133 reachable parties (EUR, ECB facts page, April 2026). Recorded by ClearingPost on 2026-07-27.
Previous value: 123 direct participants, 9,133 reachable parties (euro, TIPS facts page, April 1, 2026); 323 DCAs, 12 ASTAs (end-2024 Annual Report; one institution may hold multiple DCAs); 14,884 reachable parties (end-2024 Annual Report). Direct participant count (123) vs. DCA count (323): one institution can hold multiple DCAs. Reachable party decrease (14,884 to 9,133) likely reflects different counting scope on facts page vs. Annual Report — flagged for investigation. TIPS-CG traffic presentation (Feb 2026… [truncated]
June 2026 set a new EUR record daily average — first month above 5 million (+40% month-on-month) with record EUR value; SEK recovered and DKK declined. Active EUR DCAs grew 45% after the October 2025 IPR wave.
Full captured detail
June 2026 set a new EUR record daily average — first month above 5 million (+40% month-on-month) with record EUR value; SEK recovered and DKK declined. Active EUR DCAs grew 45% after the October 2025 IPR wave. Excess reserves in TARGET accounts earn the deposit facility rate from June 17, 2026. Mastercard Move completed the first non-bank cross-currency settlement on the TIPS X-CCY pilot with Danmarks Nationalbank and Sveriges Riksbank (June 2026). TIPS pricing unchanged (Pricing Guide v3.0, July 2026). Recorded by ClearingPost on 2026-07-27.
Previous value: July 18, 2026 cycle: ECB Table 1 and Table 2 now publish June 2026 TIPS data. EUR daily avg 5,183,793 — new all-time monthly high, first month above 5M, +40% MoM from May's 3,703,831, +9.3% above March's previous peak of 4,743,120. SEK recovered to 3,491,216 (+42.5% MoM). DKK declined to 1,866,027 (-21.6% MoM). Total multi-currency 10,541,036, second only to April's 10,829,211. EUR value €6.5B daily (new high from €4.6B May). T2 RTGS June 2026 also published: 428,894 daily avg / €2,016.9… [truncated]
New value: June 2026 set a new EUR record daily average — first month above 5 million (+40% month-on-month) with record EUR value; SEK recovered and DKK declined. Active EUR DCAs grew 45% after the October 2025 IPR wave. Excess reserves in TARGET accounts earn the deposit facility rate from June 17, 2026. Mastercard Move completed the first non-bank cross-currency settlement on the TIPS X-CCY pilot with Danmarks Nationalbank and Sveriges Riksbank (June 2026). TIPS pricing unchanged (Pricing Guide v3.0, Jul… [truncated]