Circulars/Notifications - Financial Markets Strategy & Conduct Department  
 FSCD Circular No. 17 of 2007
September 13, 2007 

All Banks/DFIs/Investment Banks/Brokerage Houses


Dear Sirs/Madam,

CUT-OFF TIME FOR SETTLEMENT OF INTERBANK DEALS
DURING THE MONTH OF RAMAZAN

Please refer to EDMD Circular no. 02 dated February 14, 2006 regarding cut-off time for settlement of interbank deals. In this regard, the following cut-off time will remain effective for settlement of interbank deals during the month of Ramazan.

For Monday to Thursday and Saturday: 01:15 pm
For Friday: 12:15 pm

2. After Ramazan, Inter-bank settlement cut-off time will automatically be reverted to pre-Ramazan timings.

3. All are advised to strictly observe the above timings.

4. Other instruction on the subject will remain unchanged.


Yours Sincerely,

Sd/-

(Athar Ghafoor)
J. Joint Director

       
Home
About SBP
Publications
Economic Data
Press Releases
Circulars/Notifications
Laws & Regulations
Monetary Policy
Help Desk
SBP Videos
Feedback
Contact us
What's New?
Speeches
Online Tenders
Web Links

Educational Resources
Regulatory Returns
Library
Rupey ko Pehchano
Events
Zahid Husain Memorial Lecture
Careers
Sitemap
 
Best view Screen Resolution : 1024 * 768
Copyright © 2016. All Rights Reserved.