LuxCSD: Year end processing 2014
LuxCSD reminds 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 2014 and 1 January 2015, customers have to update their standing instructions for central bank money funding the business day before value date, that is on 24 December 2014 for value 29 December 2014 and on 31 December 2014 for value 2 January 2015.
Reporting for value date 26 December 2014 and 2 January 2015
For DVP Non-EUR and FOP transactions: The night-time processing on 24 December 2014 for value date 26 December 2014 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 via TARGET2: The night-time processing for value date 29 December 2014 will run on 26 December at 21:00. Reports will be available for value date 29 December at the usual time.
All currencies: The night-time processing on 31 December 2014 for value date 2 January 2015 will be delayed and run on 1 January at 21:00. Reports will be available for value date 2 January 2015 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 2015.
Further information
For further information please contact LuxCSD Client Services or your Relationship Officer.