ECB vedtager betingelser og vilkår for TARGET2-ECB ved at gennemføre de Harmoniserede Vilkår, idet TARGET2-ECB dog kun skal levere tjenester til clearing- og afviklingsorganisationer, herunder enheder med hjemsted uden for EØS, under forudsætning af at de er undergivet overvågning af en kompetent myndighed, og at deres adgang til TARGET2-ECB er godkendt af Styrelsesrådet.
The ECB shall adopt the terms and conditions of TARGET2-ECB by implementing the Harmonised Conditions, except that TARGET2-ECB shall only provide services to clearing and settlement organisations, including entities established outside the EEA, provided that they are subject to oversight by a competent authority and their access to TARGET2-ECB has been approved by the Governing Council.