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
AED1Cross Border 17:30 3
AUD1– Cross-Border 16:30 1
CAD – Cross-Border 16:30 1
CHF – Cross-Border 12:30 1
CHF – Local 12:30 1
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
HKD1– Cross-Border 17:30 3
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
JPY1– Cross-Border 16:30 1
MXN – Cross-Border 15:00 3
NOK – Cross Border 11:00 2
NOK – Local 10:00 2
NZD1– Cross-Border 16:30 1
PLN – Cross-Border 10:00 3
PLN – Local 10:00 3
RON1– Cross-Border 09:00 3
RON – Local 10:30 3
SAR1– Cross-Border 17:30 3
SEK – Cross-Border 11:30 2
SEK – Local 11:30 2
SGD1– Cross-Border 16:30 3
SGD1 – Local 16:30 3
TRY – Cross-Border 10:00 3
USD – Cross-Border 17:30 1
ZAR – Cross-Border 09:00 3

1These currencies will be forwarded to our correspondents with value date D+1


Please note that payments will not be processed on public holidays.

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