Citibank Europe: Instructions rejected on depository code 60 - Update II

Following the rejected settlement instructions on depository code 60 – Citibank Europe, Clearstream Banking has regenerated impacted instructions received between 1 November 2023 at 00:04:01 CET and 7 November 2023 at 12:45 CET.

For re-generated settlement instructions not intended for settlement, we kindly ask clients to block and cancel respectively.

Rejected instructions received before 1 November 2023 at 00:04:01 CET and having a requested settlement date on 7 November 2023 or after will be re-generated. Rejected instructions with a requested settlement date before 7 November 2023 will not be re-generated, clients are kindly asked to re-instruct if deemed a valid instruction.  

For re-generated settlement instructions still intended for settlement today, kindly ensure that you and your counterparty set the optional settlement filter.

Kindly note that Bridge Settlement has now been resumed.

We apologise for any inconvenience caused.