One-time Extension of Cash Transfer Deadlines

UniCredit Bank Slovenija d.d.
Summary: 
Due to the extended deadline for settlement against payment of OTC transactions with Slovenian government bonds on 8 April 2014, the deadline for cash transfers at UniCredit Slovenia will be prolonged as well.
Fri, 04/04/2014

As announced already, on 8 April 2014 KDD will prolong the deadline for settlement against payment of OTC transactions with the newly issued government bonds with ISIN codes SI0002103388 and SI0002103396 from 15:30 CET to 16:45 CET.

Accordingly, UniCredit Bank Slovenia will also prolong its deadline towards clients for settlement of transactions with the above bonds until 16:15 CET (30 minutes prior to the market deadline) on that day only.

Furthermore, UniCredit Bank Slovenia will also extend its cut-off time for bank-to-bank cash payments (SWIFT MT200 and MT202) until 17:00 CET on 8 April 2014 only.

Please do not hesitate to contact our relationship and operational teams for further discussions. We are at your disposal to make sure that you receive timely and efficient support with regards to your activities.

Impact on investors: The extended cash cut-off times will accommodate the possibility for later settlement of securities transactions with the newly issued government securities and will allow for an efficient management of our clients' cash balances in line with their liquidity policies.

Related Newsflash: One-time Extension of OTC RVP/DVP Settlement Deadlines