Particle.news
Download on the App Store

France’s Interbank Transfers To Pause Over Easter, April 2–7

A planned shutdown of the ECB’s TARGET system halts standard bank-to-bank processing.

Overview

  • The Fédération bancaire française, which warned Monday, said classic transfers between different banks stop Thursday evening and restart by 12:30 p.m. Tuesday.
  • Banks set a last cut-off on Thursday up to 6 p.m., so payments sent after that move only when processing restarts on April 7.
  • The pause stems from TARGET, the eurozone’s central payment system run by the ECB, which closes on weekends and holidays such as Good Friday and Easter Monday.
  • Instant transfers and moves within the same bank continue as normal, and most banks now offer instant payments for free under a 2025 EU rule.
  • Expect short delays for salaries, bills, and benefits, with CAF payments due April 5 arriving April 7, and plan for a similar transfer pause on May 1.