Currencies and Cut-Off Times

The following table details the cut-off times in CET/CEST 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 19:00 CET/CEST.

Payments with currency conversion:

For payments that involve a 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.

To view each currency’s holiday calendar please click here.

Currency Cut-off (CET) Currency category
AED – Cross-border
09:30 3
AUD*– Cross-border
17:00 1
CAD – Cross-border
17:00 1
CHF – Cross-border
12:30 1
CHF – Local
12:30 1
CNH* – Cross-border
18:30 3
CZK – Cross-border
09:30 3
CZK – Local
09:30 3
DKK – Cross-border
12:30 2
DKK – Local
11:30 2
EUR – Cross-border
16:00 1
EUR – SEPA SCT
14:00 1
EUR – SEPA INSTANT (TIPS)
24/7 1
EUR – Target 2
16:15 1
GBP – Cross-border
17:45 1
GBP – Local (CHAPS)
17:45 1
GBP – Local (Faster Payments)
24/7 1
HKD- Cross-border
09:00 3
HRK – Cross-border
12:00 3
HRK – Local
14:15 3
HUF – Cross-border
13:15 3
HUF – Local
13:15 3
ILS – Cross-border
12:00 3
 JPY*– Cross-border
17:00 1
MXN – Cross-border
16:30 3
NOK – Cross border
14:30 2
NOK – Local
11:30 2
NZD*– Cross-border
17:00 1
PLN – Cross-border
10:30 3
PLN – Local
10:45 3
RON – Cross-border
11:30 3
RON – Local
12:15 3
SAR – Cross-border
08:00 3
SEK – Cross-border
15:00 2
SEK – Local
12:00 2
SEK – RIX RTGS
16:15 2
SGD* – Cross-border
18:30 3
SGD* – Local
18:30 3
TRY – Cross-border
10:00 3
USD – Cross-border
18:30 1
ZAR – Cross-border
09:30 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.

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