The ECB Governing Council approved the introduction of short settlement windows in T2 during most weekends, according to decisions published on June 12, 2026. The windows will run for one to two hours. Banks will use these periods to transfer liquidity between their T2 Main Cash Accounts and TIPS Dedicated Cash Accounts.
A public consultation launched in June 2025 received feedback from 125 organisations across 19 countries. TIPS processes instant payments around the clock, but T2 closes from Friday evening to Monday morning, creating a liquidity management gap that intensifies as instant payment volumes grow.
Implementation is expected within two years. The Eurosystem has also published a broader roadmap toward near-24/7 T2 availability, though no firm date has been set for that expansion.