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 Relationship Manager 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 relationship manager.

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.

 

CurrencyCut-off (CET)Currency category
AED1Cross Border17:303
AUD1– Cross-Border16:301
CAD – Cross-Border16:301
CHF – Cross-Border12:301
CHF – Local12:301
CZK – Cross-Border09:003
CZK – Local09:003
DKK – Cross-Border10:002
DKK – Local10:002
EUR – Cross-Border15:451
EUR – SEPA13:151
GBP – Cross-Border17:301
GBP – Local17:301
HKD1– Cross-Border17:303
HRK – Cross-Border11:303
HRK – Local10:303
HUF – Cross-Border11:003
HUF – Local11:003
ILS – Cross-Border11:303
JPY1– Cross-Border16:301
MXN – Cross-Border15:003
NOK – Cross Border11:002
NOK – Local10:002
NZD1– Cross-Border16:301
PLN – Cross-Border10:003
RON1– Cross-Border09:003
RON – Local10:303
SAR1– Cross-Border17:303
SEK – Cross-Border11:302
SEK – Local11:302
SGD1– Cross-Border16:303
SGD1 – Local16:303
TRY – Cross-Border12:003
USD – Cross-Border17:301
ZAR – Cross-Border09:003

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

 

Please note that the following dates are public holidays and payments will not be processed on these days:

  • January 1
  • Good Friday
  • Easter Monday
  • December 25
  • December 26
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