Circulars

Settlement Timings during RAMAZAN-UL -MUBARAK

July 29, 2011
38936

The Presidents/Chief Executives
All RTGS Direct Participants

Dear Sirs/Madam,

Settlement Timings During Ramazan-ul-Mubarak

Cut-off timings for settlement in PRISM System during Ramazan-ul-Mubarak will be as follows:

Days Timing Charges (PKR)
Settlement Timings for Interbank Funds Transfers
Monday to Thursday and Saturday 8:30 a.m. – 1:15 p.m. 200/-
Friday 8:30 a.m. – 12:00 p.m. 200/-
Settlement Timings for Customer Transfers
Monday to Thursday and Saturday 8:30 a.m. – 11:00 a.m. 200/-
11:00 a.m. – 12:00 p.m. 300/-
12:00 p.m. – 1:00 p.m. 500/-
Friday 8:30 a.m. – 11:00 a.m. 200/-
11:00 a.m. – 11:30 a.m. 300/-

All RTGS Participants are advised to ensure the execution of their transactions in the PRISM System within the above-mentioned time limits.

After the holy month of Ramazan-ul-Mubarak, the above timings will automatically revert to the pre-Ramazan-ul-Mubarak schedule.

Please acknowledge receipt.

Yours sincerely,

Zamir Afzal Khan
Joint Director