STEP2-T is a pan-European payment system for clearing and settling monetary claims and liabilities from domestic and cross-border credit transfers and direct debits. It is operated by EBA Clearing.
The clearing and settlement of monetary claims and liabilities are carried out by EBA Clearing.
Banka Slovenije is a participant in the STEP2-T payment system, and provides for reachability in it for Slovenian banks and savings banks, thereby enabling them meeting the requirement for pan-European reachability deriving from the Regulation establishing technical and business requirements for credit transfers and direct debits in euro. Banka Slovenije thus enables Slovenian banks and savings banks to exchange credit transfers and direct debits with several thousand payment service providers across Europe.