AO UniCredit Bank
Summary:
National Settlement Depository has announced intraday delays in OTC DVP/RVP settlement
Fri, 12/09/2014
Dear Client,
National Settlement Depository (NSD) has announced that OTC DVP/RVP trades settled via NSD within morning clearing sessions, involving cash accounts with the foreign settlement banks, may be delayed. Settlement processing is postponed due to the increase in the execution time of payment transactions within the current value day by the foreign settlement banks. NSD recommends using later clearing sessions for settlement.
Impact on investors: Delays in OTC DVP/RVP settlement within morning clearing sessions.