The following table details the cut-off times in CET by currency. This is the time by which a payment needs to be successfully initiated for same-day execution.
If initiated before cut-off, funds will be debited from your account with same-day value. Same-day execution may not be met for payments held up for any compliance, lack of funds or other internal policy reasons.
Please speak to your Client Services officer to discuss cut-offs for payments submitted by bulk file upload or via API.
Incoming and internal payment processing stops at 17:45 CET.
Payments with foreign currency conversion:
For payments that involve a foreign currency conversion, funds will be forwarded to our correspondent after the FX trade has settled. For FX settlement timeframes please speak to your Client Services officer.
The Currency Category is used as a reference point for FX pricing in your Client Agreement. This has no bearing on like-for-like payments.
|Currency||Cut-off (CET)||Currency category|
|AED* – Cross Border||17:30||3|
|CAD – Cross-Border||16:30||1|
|CHF – Cross-Border||12:30||1|
|CHF – Local||12:30||1|
|CNH* – Cross-Border||17:00||3|
|CZK – Cross-Border||09:00||3|
|CZK – Local||09:00||3|
|DKK – Cross-Border||10:00||2|
|DKK – Local||10:00||2|
|EUR – Cross-Border||15:45||1|
|EUR – SEPA||13:15||1|
|GBP – Cross-Border||17:30||1|
|GBP – Local||17:30||1|
|HRK – Cross-Border||11:30||3|
|HRK – Local||10:30||3|
|HUF – Cross-Border||11:00||3|
|HUF – Local||11:00||3|
|ILS – Cross-Border||11:30||3|
|MXN – Cross-Border||15:00||3|
|NOK – Cross Border||11:00||2|
|NOK – Local||10:00||2|
|PLN – Cross-Border||10:00||3|
|PLN – Local||10:45||3|
|RON* – Cross-Border||09:00||3|
|RON – Local||10:30||3|
|SAR* – Cross-Border||17:30||3|
|SEK – Cross-Border||11:30||2|
|SEK – Local||11:30||2|
|SGD* – Cross-Border||16:30||3|
|SGD* – Local||16:30||3|
|TRY – Cross-Border||10:00||3|
|USD – Cross-Border||17:30||1|
|ZAR – Cross-Border||09:00||3|
*These currencies will be forwarded to our correspondents with value date D+1
Please note that payments will not be processed on public holidays.