Mexico: Changes to the allowed countervalue difference on settlement instructions
Effective
24 June 2019
Clearstream Banking1 informs customers of the change in the allowed countervalue difference for settlement in Mexican Pesos (MXN)
from MXN 200 to MXN 50.
Impact on customers
The new allowed countervalue difference will apply to instructions that are received by Clearstream Banking from 24 June 2019. Pending instructions that have been matched prior to 24 June 2019 with the previous cash tolerance rule will remain matched. In case of discrepancy the seller amount prevails.
Further information
For further information, please contact Clearstream Banking Client Services or your Relationship Officer.
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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.