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Dear Sirs/Madam,
Cut-off Timing for Settlement in PRISM System after RAMADAN
Cut-off timings for settlement in PRISM System after Ramadan will be as follows:
| Sr. No | Days | Timings | Transactions |
|---|---|---|---|
| 1. | Monday to Friday | 9:00 AM to 4:30 PM | Interbank Transactions (Exchange Period Morning) |
| 4:30 PM to 5:00 PM | SBP Transactions & Clearing Returns (SBP Exchange Period) | ||
| 2. | Saturday | 9:00 AM to 1:30 PM | Interbank Transactions (Exchange Period Morning) |
| 1:30 PM to 2:00 PM | SBP Transactions & Clearing Returns (SBP Exchange Period) |
Participants are advised to note that interbank transactions (Funds & Securities) will not be allowed during SBP Exchange Period. Clearing Returns however will be posted in PRISM System during this period and participants are advised to ensure the availability of required liquidity to settle their clearing returns based on NIFT’s report.
Please acknowledge receipt.
Yours sincerely,
Muhammed Saleem Rehmani
Director