Circulars/Notifications - Payment System Department  
 PSD Circular Letter No: 02/ 2011
July 29, 2011 

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. to 1:15 p.m.
200/-
Friday
8:30 a.m. to 12:00 p.m.
200/-
 
 Settlement timings for Customer Transfers
Monday to Thursday and Saturday
8:30 a.m. to 11:00 a.m.
200/-
11:00 a.m. to 12:00 p.m.
300/-
12:00 p.m. to 1:00 p.m.
500/-
Friday
8:30 a.m. to 11:00 a.m.
200/-
11:00 a.m. to 11:30 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 faithfully,

  (Zamir Afzal Khan))
      Joint Director

 
       
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