Article 1Scope

1.

TARGET2-ECB may only:

a)

process the ECB's own payments;

b)

process payments of customers of the ECB; and

F1c)

supply settlement services to entities managing ancillary systems, including entities established outside the EEA, provided that they are subject to oversight by a competent authority, they comply with the oversight requirements for the location of infrastructures offering services in euro, as amended from time to time and published on the ECB's website 2 , and their access to TARGET2-ECB has been approved by the Governing Council.

F22.

The ECB may only accept central banks, European and international organisations, and, pursuant to an ad-hoc decision of the Governing Council, central governments of the European Union Member States or public entities designated by such central governments to act on their behalf as customers.