Malta: New improved settlement deadline
Clearstream Banking1 advises customers that, with effect from
21 September 2015
the settlement instruction deadline for receipt and delivery free of payment on the Maltese market will be improved.
The improved deadline is part of Clearstream Banking’s ongoing commitment to enhance its settlement services.
Impact on customers
The settlement instruction deadline for receipt and delivery free of payment on the Maltese market will change from 12:15 to 15:45, as follows:
Instruction | Current deadline | New deadline from 21 September 2015 |
Free of payment settlement | ||
Receipts free of payment | 12:15 | 15:45 |
| Deliveries free of payment | 12:15 | 15:45 |
Note: All times are Central European Time (CET).
Further information
The instruction specifications and related documentation will be updated accordingly in the Creation Link Guide – Malta.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1.Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for CBF customers using CreationOnline), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.