Intraday credit

Roles that need it

• Treasury Operations Analyst
• Liquidity Risk Analyst
• Payments & Cash Management Sales (Financial Institutions)
• Collateral Management Analyst

Skills it belongs to

• Treasury and cash flow management
• Liquidity metrics (LCR, NSFR)

Related concepts

• Intraday liquidityIntraday liquidity is the money a bank can use during the business day to make payments on time: balances on central bank and correspondent accounts plus credit it can draw intraday. Intraday liquidity risk is failing to make time-critical payments because outflows come before inflows. Basel Committee tools (BCBS 248) measure it.
• T2 (TARGET RTGS and central liquidity management)T2 is the Eurosystem's real-time gross settlement system for euro, which replaced TARGET2 in March 2023. It combines Central Liquidity Management, where banks hold their main central bank accounts, with an RTGS service where high-value payments settle one by one in central bank money. It is part of the TARGET Services with T2S and TIPS.
• Real-time gross settlement (RTGS)Real-time gross settlement (RTGS) is the settlement of payments one by one, as soon as they are processed and without netting, usually in central bank money. It removes settlement risk between participants and needs more liquidity than net settlement. T2 in the euro area, CHAPS in the UK and SIC in Switzerland are RTGS systems.

Sources

• T2, European Central Bank (external site) accessed 31 Oct 2026
• CPMI glossary, Bank for International Settlements (external site) accessed 31 Oct 2026
• Monitoring tools for intraday liquidity management (BCBS 248), Bank for International Settlements (external site) accessed 31 Oct 2026

Updated 31 Oct 2026.