Currency settlement schedule

*If payments are processed via bankline before the cut-off time they may receive a credit value date of the previous day to what is quoted below.

Please note:

• Day 1 is the date that the payment is to be initiated or processing date.
• All credit value dates are the dates that the funds are available to the paying bank and not the Beneficiary.
• This table refers to working days and assumes no bank or public holidays occur in the UK, the destination country or for the country of the domicile currency during the payment cycle. The country of the debit currency is also taken into consideration when applying value, e.g. if we debit a JPY account to credit USD but Japan is closed due to bank holiday then this value would not be given.