Payment systems

Payment systems are used to execute interbank payments, i.e. to clear and settle payment transactions.

Payment system is a system for transferring funds with formal and standardised procedures and common rules for the processing, clearing and/or settlement of payment transactions.

Payment operations in the Republic of Croatia are carried out through three payment systems:

  1. EuroNKS *
  2. EuroNKSInst *
  3. TARGET2 **

* Financial Agency is the system operator
** The system is jointly operated for the Eurosystem's benefit by the Bancad'Italia, the Banque de France and the Deutsche Bundesbank. The European Central Bank is the main supervisory authority for TARGET2.



The EuroNKS is a single payment infrastructure for the clearing of national and cross-border SEPA Credit Transfers and SEPA Direct Debits in euro. More information


The EuroNKSlnst is a payment system for settlement of instant credit transfers between its participants in euro in real time. More information