sys de paiement

Official register of systems designated or notified by the BCL

In accordance with Articles 108 and 110 of the Law of 10 November 2009 on payment services, on the activity of electronic money institutions and settlement finality in payment and securities settlement systems, as amended, which transposes, inter alia, Article 10 of Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settlement systems, the Banque centrale du Luxembourg holds the official list of payment systems and securities settlement systems: (i) designated by the Banque centrale du Luxembourg as a payment system or securities settlement system and notified to the European Securities and Markets Authority (and previously to the European Commission), by the Minister responsible for the financial sector , or (ii) notified by the Banque centrale du Luxembourg, prior to the entry into force of the aforementioned law of 10 November 2009, to the European Commission in accordance with Article 34-3 of the law of 5 April 1993 on the financial sector, as amended. 

The official list is available on the website of the Banque centrale du Luxembourg and is updated regularly. It is published in the Luxembourg Official Journal at least every year-end.

Payment Systems

TARGET-LU (Luxembourg Trans-European Automated Real-time Gross settlement Express Transfer system) operated by:
Banque centrale du Luxembourg
2, boulevard Royal
L - 2983 Luxembourg

Securities Settlement Systems

Clearstream Securities Settlement System operated by:
Clearstream Banking S.A.
42, avenue J.F. Kennedy
L-1855 Luxembourg
LuxCSD Securities Settlement System operated by:
LuxCSD S.A.
42, avenue J.F. Kennedy
L-1855 Luxembourg