TARGET2 Information Session September 3rd, 2009 Geert Bakker – Project Manager NL

Agenda 1.TARGET2 Release Documentation 3.Testing 4.Release management NL

T2 Release 3.0 New functionalities Introduction of Swift Alliance Web Platform Removal T1 functionality NL

T2 R3.0 New functionalities 1.No MT900/910 for Y-Copy payments 2.Use of Mandated Payments in ASI sent by CB 3.Reordering of pending highly urgent payments 4.Adjusted average balance for Minimum Reserve 5.MT202COV

T2 R3.0 New functionalities 6.Mapping of the GetTransaction/Return Transaction for AS XML messages 7.Change functionality for standing and current order reservation in case of lack of liquidity 8.ICM workflow (task pending) 9.Immediate notification on payments with procedure 6 – modified form 2000

Documentation UDFS V3.0 available since March nd version – end October (minus T1 functionality) Test guide – with all test cases Test activities – which are Mandatory New version ICM hand book – end September User guide for collection of Static data New 2000 Form (minor change, only applicable for an ASI – if new function will be used) Will be published in November NL

Testing Connectivity test: Mandatory for all participants Interoperability test till Oct. 30 Certification Process Free testing (from Sept 14 until Nov 20) NL

Connectivity test The test process starts with the Mandatory Connectivity tests. See annex 1 of the ‘Guide to TARGET2 User Testing’ Only after successful completion the participant is allowed to start the Interoperability test. Maximum of three tests to be performed NL

Connectivity test Process Since tests are limited, Participants only need to send an to DNB after successful connectivity testing. NL

Connectivity test Certification A Connectivity certification will be returned to the Participant, after receipt of their that connectivity tests were successful NL

Interoperability test Only after successful Connectivity tests, Interoperability tests may start. In the document Test Activities (may 2009) the Mandatory tests are listed. If test category is COUS, the test becomes Mandatory if Participant intends to use the functionality in live operations. Test are described in annex 2 of the ‘Guide to TARGET2 User Testing’ A more comprehensive regression test is strongly recommended. NL

Interoperability test Process For certification purposes we would like to receive – on a minimum of a three days notice – your test planning, including the test-ID’s and date by . Please indicate if you need our assistance while performing a test. The three days will allow us to plan to our monitoring activities and to give us the opportunity to prepare the assistance required. NL

Interoperability test Certification After successful testing the Participant needs to send DNB their test report: test results per test-ID An Interoperability certification will be returned to the Participant. NL

Test calendar Test Calender NL

Test Day Timing NL

Reserve Management Periods

If a Participant would like to test Reserve Management, they should ask us in advance to enter a Minimum Reserve, including the amount.

BIC PARTICIPATION TYPE FLORNL20 CENTRAL BANK FLORNL201P1 DIRECT PARTICIPANT FLORNL201P2 DIRECT PARTICIPANT / CO-MANAGER FLORNL201P3 INDIRECT PARTICIPANT FLORNL201P4 HAM ACCOUNT HOLDER FLORNL201P5 CB CUSTOMER Test BIC’s NL

Documentation available on: /target2/downloads/index.jsp Connectivity test: Mandatory; send after successful completion to DNB Send IOP test plan ahead to DNB MT202COV to be tested from Oct IOP certification after receipt of test report Wrap up NL

If you have any question during testing, please do not hesitate to contact our TARGET2 test team: – –Telephone: Contact details NL

Releases Management NL

At least one release every year, linked to the SWIFT standards release. Possibility of one interim release every year. Proposed procedure: –21 Months before release: 3 months user consultation. –Then 3 months evaluation and assessment. –Then 3 months user consultation, incl. pricing. –Finally 12 months for building and testing. Future releases NL

First consultationuntil 23 April 2009 Evaluation and assessment Second consultation17 Sept. – 13 Oct. Communication on the release content11 Nov 2009 Delivery of UDFS1 March 2010 Delivery of test docs20 April 2010 Delivery in CUST23 August 2010 Go-Live22 November 2010 TARGET2 release 4.0 NL

Questions / betalingsverkeer / giraal betalingsverkeer / Target2 NL