Effective
immediately
Clearstream Banking1 has enhanced the foreign exchange service by adding the Icelandic Króna (ISK) to the list of currencies eligible for the case-by-case FX service.
The case-by-case FX service allows customers to arrange, for a specific event, the conversion of cash Balances or income proceeds into a currency of their choice and is available for FX between two currencies eligible for this service.
Impact on customers
Customers wanting to convert ISK using the case-by-case FX service must send either a SWIFT MT299 message or a free format message (for the attention of Forex).
Customers must include the currency and amount to convert, and indicate both the buy and the sell currencies.
Further information
A complete description of the service is available in Section 5.5 of the Customer Handbook.
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.