Switzerland: Pound Sterling to become a fully eligible settlement currency in the Swiss market
Effective
30 March 2015
Clearstream Banking1 will be able to offer customers the ability to settle Equity and Investment Fund transactions in the Swiss market against Pound Sterling (GBP).
Impact on customers
Clearstream Banking advises that customers will now have the ability to settle Equity and Investment Fund transactions in the Swiss market against the GBP.
The maximum difference in counter value is GBP 30.00.
The deadline for instructing settlement against payment is 14:40 CET.
There are no changes to the GBP cash correspondent bank and the details remain the same as follows:
| Currency | British Pound (GBP) |
| CCB name | Barclays Bank PLC, London |
| CBL account | GB29 BARC 2032 5350 4088 59 |
| Swift address | BARCGB22 |
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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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.