Which organization operates the EURO1 payment system?

The EURO1 payment system is operated by EBA Clearing, a private company that provides various payment and settlement services for the European market. EBA Clearing was established to facilitate cross-border payments in euros and plays a significant role in the European payment landscape. The EURO1 service supports high-value and time-critical euro transactions, making it essential for financial institutions involved in European banking.

EBA Clearing's operation of EURO1 provides a reliable framework for processing these transactions efficiently and securely, enabling liquidity management and effectively linking payment infrastructures within the European Union. The system is vital for banks seeking to settle euro payments quickly, thereby maintaining the flow of funds across borders.

The other organizations listed are involved in different aspects of monetary policy, payment processing, and banking in their respective regions. The European Central Bank, for instance, oversees monetary policy for the euro area but does not operate EURO1. The Federal Reserve is the central bank of the United States and does not manage European payment systems, while Banco de Mexico pertains to Mexico's financial system and is unrelated to the operations of EURO1.