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TARGET closing days 2030

The 6 days TARGET is closed in 2030, plus every Saturday and Sunday. On these days no SEPA interbank settlement takes place.

TARGET closing days 2030

The 6 days TARGET is closed in 2030, plus every Saturday and Sunday. On these days no SEPA interbank settlement takes place.

DateDayClosing day
TuesdayNew Year's Day
FridayGood Friday
MondayEaster Monday
WednesdayLabour Day (1 May)
WednesdayChristmas Day
Thursday26 December

Good Friday and Easter Monday derive from Gregorian Easter, which falls on April 21, 2030 in 2030.

Three things that are widely got wrong

  • National bank holidays are NOT TARGET closing days. TARGET is a European system and ignores national calendars: it is open on 15 August, on 3 October and on 14 July. Only the six days above close it.
  • Easter is the Gregorian one. The ECB writes "Good Friday (Catholic/Protestant)", and that parenthesis is not decorative: it excludes Orthodox Easter, which can fall up to five weeks apart. Greece and Cyprus observe the Orthodox date nationally; TARGET does not.
  • An Inter-PSP Business Day is not a Banking Business Day. This calendar defines the first: the day interbank settlement happens, which is what a direct debit due date runs on. The second — "a day on which PSPs in the relevant jurisdiction are generally open for business with customers" — varies by country and by bank, is what a credit transfer executes on, and cannot be derived from this calendar.

Source

The European Central Bank publishes the rule — six named days, applicable since 2002 — but not a machine-readable list of the resulting dates. The dates below are computed from that rule and are therefore derived information, not an ECB publication. Source: European Central Bank.

“New Year's Day, Good Friday (Catholic/Protestant), Easter Monday (Catholic/Protestant), 1 May (Labour Day), Christmas Day and 26 December”

Open data

The same calendar as JSON, under CC BY 4.0, with the provenance block travelling in every payload.

2030.json