Operational Information

Settlement services - Georgia

Market Coverage | Georgia

Reference

Service level
CBL | 6-series account
Last Updated
29.10.2019
This page contains Governing Information.

Procedures for domestic counterparties

Procedure for the domestic counterparty

Deadline

Sovereign, IFI and Supranational debt securities

Local instructions must include:

  • Bank of Georgia Swift address BAGAGE22
  • Sub-account details of CBL BAGAX14305002900001
  • CBL 5-digit account number

Market deadline

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 client. Instructions for transactions to be settled will remain pending for 30 days before automatic cancellation.