Slovak Republic: Temporary change to free of payment settlement deadlines

10.02.2017

Clearstream Banking1 informs customers that due to a temporary technical constraint on our link to the Slovak Republic, the deadline for free of payment instructions will be changed

immediately

to 17:05 instead of 17:35 until 31 March 2017.

The deadlines shown below are valid provided that the customer's instructions are complete, accurate and eligible for straight-through processing (STP) in CBL and   in the local market. Customers must also ensure that any necessary provision is available. If any of these criteria are not met, CBL cannot guarantee timely settlement.

AP=Against payment FOP=Free of payment SD=Settlement date

Settlement times until 31 March 2017

Instruction

Provisioning

Deadline for receipt of valid instruction

Expected settlement results

start

end

from

to

value

Receipts

FOP

16:00
SD-1

17:05
SD

17:05
SD

22:00
SD-1

18:00
SD

AP

16:00
SD-1

15:10
SD

15:10
SD

22:00
SD-1

18:00
SD

SD

Deliveries

FOP

16:00
SD-1

17:05
SD

17:05
SD

22:00
SD-1

18:00
SD

AP

16:00
SD-1

15:10
SD

15:10
SD

22:00
SD-1

18:00 a
SD

SD

Settlement times from 3 April 2017

Instruction

Provisioning

Deadline for receipt of valid instruction

Expected settlement results

start

end

from

to

value

Receipts

FOP

16:00
SD-1

17:35
SD

17:35
SD

22:00
SD-1

18:00
SD

AP

16:00
SD-1

15:10
SD

15:10
SD

22:00
SD-1

18:00
SD

SD

Deliveries

FOP

16:00
SD-1

17:35
SD

17:35
SD

22:00
SD-1

18:00
SD

AP

16:00
SD-1

15:10
SD

15:10
SD

22:00
SD-1

18:00 a
SD

SD

Further information

For further information, please visit the Clearstream Banking website at www.clearstream.com or

contact Clearstream Banking Client Services or your Relationship Officer.

----------------------------------
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking Frankfurt customers using CreationOnline), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.