« bank identifier code ( bic ) » means a code as defined by iso standard no 9362  « branch » means a branch within the meaning of § 24a of the gesetz über das kreditwesen ( kwg  german law on banking )  « business day » means any day on which target2 is open for the settlement of payment orders  as set out in appendix v  « capacity opinion » means a participantspecific opinion that contains an assessment of a participant s legal capacity to enter into and carry out its obligations under these conditions  « central banks ( cbs ) » means the eurosystem cbs and the connected cbs  « connected cb » means a national central bank ( ncb )  other than a eurosystem cb  which is connected to target2 pursuant to a specific agreement  « contingency module » means the ssp module enabling the processing of critical and very critical payments in contingency situations  « credit institution » means a credit institution within the meaning of § 1 ( 1 ) of the kwg  « credit instruction » means a payment instruction submitted by an as and addressed to the ascb to debit one of the accounts kept and / or managed by the as in the pm  and to credit a settlement bank s pm account or subaccount by the amount specified therein  « credit transfer order » means an instruction by a payer to make funds available to a payee by means of a book entry on a pm account  oj l 177  3062006  p 1 