Australia: Change of cash correspondent bank (CCB) for Australian Dollars (AUD)
Clearstream Banking1 would like to inform Transfer Agents of the change to its cash correspondent bank (CCB) for Australian Dollars (AUD).
Effective value date
8 February 2021
Australia and New Zealand Banking Group Limited (ANZ) will be appointed as its CCB for AUD. As from this date, Transfer Agents will need to remit all proceeds (for example, redemption and income proceeds) into Clearstream Banking via ANZ instead of Westpac Banking Corp., Sydney (Westpac).
From now until 7 February 2021, Transfer Agents will still need to remit all proceeds to Clearstream Banking in AUD via the Westpac account. No AUD payments into Clearstream Banking should be remitted to Westpac from 8 February 2021 onwards.
Australia and New Zealand Banking Group Limited (ANZ) bank details:
Australia Dollars (AUD)
Australia and New Zealand Banking Group Limited
Cash instruction deadlines
Transfer Agents should take note that there will be no impact on the deadlines for cash instructions in AUD which will remain the same as present.
For further information or questions related to specific areas, please contact:
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.