Circulars

Settlement Timings During RAMAZAN-UL -MUBARAK

July 18, 2012
38927

The Presidents/Chief Executives (Banks/DFIs),
All RTGS Direct Participants.

Dear Sirs/Madam,

Settlement Timings During RAMAZAN-UL -MUBARAK

Cut-off timings for settlement & transaction charges for different time windows in PRISM System during Ramazan-ul-Mubarak will be as follows:

DaysTimingsCharges (PKR)
Settlement Timings for Interbank Funds Transfers
Monday to Thursday8:30 a.m. to 02:00 p.m.200/-
Friday8:30 a.m. to 12:30 p.m.
Settlement Timings for Customer Transfers
Monday to Thursday08:30 a.m. to 11:30 a.m.200/-
11:30 a.m. to 12:30 p.m.300/-
12:30 p.m. to 01:30 p.m.500/-
Friday08:30 a.m. to 11:00 a.m.200/-
11:00 a.m. to 12:00 p.m.300/-

All RTGS Participants are advised to ensure the execution of their transactions in PRISM System within the above mentioned time limits.
After the holy month of Ramzan-ul-Mubarak, the above timings will automatically be reverted to pre Ramzan-ul-Mubarak timings.
Please acknowledge receipt.

Yours sincerely,

Zamir Afzal Khan
Joint Director