Settlement services - Georgia
Procedures for domestic counterparties
Procedure for the domestic counterparty
|Sovereign, IFI and Supranational debt securities|
Local instructions must include:
Management of failed instructions
If instructions with domestic counterparties have not settled by the requested settlement date (SD), they can be cancelled via a cancellation instruction from the customer. Instructions for transactions to be settled will remain pending for 30 days before automatic cancellation.