Slovak Republic: Decommissioning of the pre-matching service
Clearstream Banking1 would like to inform customers that effective
immediately
the pre-matching (PREA) service is no longer available for settlement in the Slovak market. Clearstream Banking will only send NEWM to T2S after successful provisioning on the customer’s account.
Pre-matching is not used by the Slovak banks and counterparties, therefore after consultation with our agent, we are decommissioning this functionality.
Impact on customers
Customers can still send their instructions with “On Hold”. However, Clearstream Banking will no longer send these instructions for pre-matching.
The instruction will be released for settlement once the customer has released their instruction and only once successfully provisioned.
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
------------------------------------------
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 Clearstream Banking Frankfurt (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.