Malta: New improved settlement deadline
Clearstream Banking1 advises customer that, with effect from
21 September 2015
the settlement instruction deadline for receipt and delivery free of payment on the Maltese market will be improved.
The improved deadline is part of Clearstream Banking’s ongoing commitment to enhance its settlement services.
Impact on customers
The settlement instruction deadline for receipt and delivery free of payment on the Maltese market will change from 12:30 to 15:50, as follows:
Instruction | Current deadline | New deadline from 21 September 2015 |
Free of payment settlement | ||
Receipts free of payment | 12:30 | 15:50 |
Deliveries free of payment | 12:30 | 15:50 |
Note: All times are Central European Time (CET).
Further information
The instruction specifications and related documentation will be updated accordingly in the CASCADE Link Guide – Malta.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthaleralle 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.