Circulars/Notifications - Payment System Department  
 PSD Circular Letter No 1/2014
June 27, 2014 

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

Dear Sirs/Madam,

PRISM System Settlement Timings and Transactions Charges 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:

Days
Timings
Charges (PKR)
 Settlement Timings for Interbank Funds Transfers
Monday to Thursday
08:00 a.m. to 1:45 p.m.
200/-
Friday
08:00 a.m. to 12:30 p.m.
 
 Settlement Timings for Customer Transfers
Monday to Thursday
08:00 a.m. to 11:15 a.m.
200/-
11:15 a.m. to 12:15 p.m.
300/-
12:15 p.m. to 01:15 p.m.
500/-
Friday
08:00 a.m. to 10:45 a.m.
200/-
10:45 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.

Please acknowledge receipt.

 

Yours truly,
Sd/-
(Zamir Afzal Khan)
Joint Director

 
       
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