LuxCSD: Year-end processing 2013

19.12.2013

LuxCSD is pleased to remind customers of the impact of the year-end processing holidays on standing instructions for central bank money funding as well as on the availability of reports.

Standing instructions for central bank money funding

Considering the TARGET2 holidays of 25 and 26 December 2013 and 1 January 2014, customers have to update their standing instructions for central bank money funding the business day before value date, that is on 24 December 2013 for value 27 December 2013 and on 31 December 2013 for value 2 January 2014.

Reporting for value date 26 December 2013 and 2 January 2014

For DVP Non-EUR and FOP transactions: The night-time processing on 24 December 2013 for value date 26 December 2013 will be delayed and run on 25 December at 21:00. Reports will be available for value date 26 December at the usual time.

For EUR DVP transactions: The night-time processing on 24 December 2013 for value date 27 December 2013 will be delayed and run on 26 December at 21:00. Reports will be available for value date 27 December at the usual time. The night-time processing on 31 December 2013 for value date 2 January 2014 will be delayed and run on 1 January at 21:00. Reports will be available for value date 2 January 2014 at the usual time.

Seasonal greetings

We would like to take this opportunity to wish all customers an enjoyable and peaceful end of year and a prosperous and happy 2014.

Further information

For further information please contact LuxCSD Customer Service or your Relationship Officer.