Settlement times - Russia

13.05.2020

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.

Important Note: As part of CBL’s internal compliance procedures, all incoming customer instructions will be automatically scanned before entering transaction processing.  Instructions that are internally flagged as requiring further manual investigation are set to status pending, with such status immediately reported to the Customer via their chosen media channel(s), until either being manually released for processing or rejected.  In order to ensure that instructions being investigated do not miss the applicable deadlines, Customers are advised to input instructions at least 15 minutes before the associated deadline.

Settlement times in Central European Time (CET)

29 March 2020 - 24 October 2020

Instruction

Provisioning

Deadline for
receipt of
valid instruction

Expected settlement results

start

end

from

to

value

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

Debt securities, CSD-eligible and NSD-eligible equities

Receipts

FOP

17:25
SD-1

18:30
SD

18:30 SD

08:00
SD

19:00
SD

SD

AP in RUB

21:30
SD-1

13:30
SD

13:30 SD

08:00
SD

19:00
SD

SD

AP in USD

21:30
SD-1

16:30
SD

16:30 SD

08:00
SD

19:00
SD

SD

Deliveries

FOP

21:30
SD-1

18:30
SD

18:30 SD

08:00
SD

19:00
SD

SD

AP in RUB

21:30
SD-1

13:30
SD

13:30 SD

08:00
SD

19:00
SD

SD

AP in USD

21:30
SD-1

16:30
SD

16:30 SD

08:00
SD

19:00
SD

SD


25 October 2020 - 27 March 2021

Instruction

Provisioning

Deadline for
receipt of
valid instruction

Expected settlement results

start

end

from

to

value

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

Debt securities, CSD-eligible and NSD-eligible equities

Receipts

FOP

16:25
SD-1

17:30
SD

17:30 SD

07:00
SD

18:00
SD

SD

AP in RUB

21:30
SD-1

12:30
SD

12:30 SD

07:00
SD

18:00
SD

SD

AP in USD

21:30
SD-1

15:30
SD

15:30 SD

07:00
SD

18:00
SD

SD

Deliveries

FOP

21:30
SD-1

17:30
SD

17:30 SD

07:00
SD

18:00
SD

SD

AP in RUB

21:30
SD-1

12:30
SD

12:30 SD

07:00
SD

18:00
SD

SD

AP in USD

21:30
SD-1

15:30
SD

15:30 SD

07:00
SD

18:00
SD

SD

Settlement times in Further-eastern European time (FET)

All year

Instruction

Provisioning

Deadline for
receipt of
valid instruction

Expected settlement results


start

end

from

to

value


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


Debt securities, CSD-eligible and NSD-eligible equities


Receipts

FOP

18:25
SD-1

19:30
SD

19:30 SD

09:00
SD

20:00
SD

SD

AP in RUB

23:30
SD

14:30
SD

14:30 SD

09:00
SD

20:00
SD

SD

AP in USD

23:30
SD-1

17:30
SD

17:30 SD

09:00
SD

20:00
SD

SD

Deliveries

FOP

23:30
SD-1

19:30
SD

19:30 SD

09:00
SD

20:00
SD

SD

AP in RUB

23:30
SD

14:30
SD

14:30 SD

09:00
SD

20:00
SD

SD

AP in USD

23:30
SD

17:30
SD

17:30 SD

09:00
SD

20:00
SD

SD