Canada, Mexico, U.S.A.: Specific deadlines applicable to certain cash and securities transactions on specific days



28 November 2014

the deadline for Clearstream Banking1 customer instructions with domestic counterparties in the Canadian, Mexican and U.S. markets will be 18:00 CET (instead of 20:00 CET).

The special deadline will apply, for this day, to the following instruction types for transactions with domestic counterparties only and includes back-to-back and Securities Payment Order (SPO) transactions; the deadlines for internal or Bridge transactions will not be impacted.

Cash instructions:

  • Pre-advice of entry of funds;
  • Withdrawal of funds.

Security instructions:

  • Receipt against payment;
  • Delivery against payment.

With the reduced market activity on 28 November 2014, CBL will not be able to offer cash management facilities for the respective currencies in a satisfactory manner after 18:00 CET on that day.

Note: This special deadline for these transaction and instruction types will also apply in Mexico and the U.S.A. on 24, 26 and 31 December 2014 and in Canada on 24 and 31 December 2014. Customers are reminded that we will publish in due course an Announcement with details of end-of-year processing for all markets.

Further information

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.

1. Clearstream Banking refers to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).