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The Presidents/Chief Executives
All RTGS Direct Participants
Dear Sirs/Madam,
Cut-off Timings for Settlement in PRISM System
Consequent upon declaration of five days working week and revised banking hours notified vide BPRD Circular No. 11 dated 14th October, 2011, cut-off timings for settlement in PRISM System have also been revised as under w.e.f. 17th October, 2011:
| Days | Timing | Charges (PKR) |
|---|---|---|
| Settlement Timings for Interbank Funds Transfer | ||
| Monday to Friday | 9:00 a.m. to 5:00 p.m.(Interbank Funds Transfer) | 200/- |
| 5:00 p.m. to 5:30 p.m.(SBP Transactions & Clearing Returns) | N/A | |
| Settlement Timings for Customer Transfers | ||
| Monday to Friday | 9:00 a.m. to 2:00 p.m. | 200/- |
| 2:00 p.m. to 3:30 p.m. | 300/- | |
| 3:30 p.m. to 4:30 p.m. | 500/- | |
Please acknowledge receipt.
Yours sincerely,
Zafar Iqbal
Director