Australia: Change of cash correspondent bank (CCB) for Australian Dollars (AUD)
Clearstream Banking1 is pleased to inform its customers of a change of cash correspondent bank for Australian Dollars (AUD).
Effective value date
8 February 2021
Australia and New Zealand Banking Group Limited (ANZ) will be appointed as its cash correspondent bank (CCB) for AUD. As from this date, customers will no longer be able to use Westpac Banking Corp., Sydney (Westpac) as a CCB for AUD payments.
Impact on customers
From 8 February 2021, customers are advised to make AUD payments into Clearstream Banking via ANZ instead of Westpac as follows:
Australia Dollars (AUD)
Australia and New Zealand Banking Group Limited
Cash instruction deadlines
Customers should take note that there will be no impact on the deadlines for cash instructions in AUD which will remain the same as today.
The cash correspondent details relating to AUD will be updated in the relevant documentation on the effective date.
For further information, customers may contact Clearstream Banking Client Services or their 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 AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.