Bank of England Sterling Payment Delays

Report date
Summary

LCHClearnet Ltd: Circular No

LCHClearnet Ltd: Circular No 3538

Date:

20 October 2014

To:

All LCH Clearnet Ltd Clearing Members    

Body

Clearing Members are advised that following today's payment delays at the Bank of England, LCH.Clearnet Ltd has now fully funded its PPS bank accounts to allow the repayment of any sterling funds for value today.   It is recommended that Clearing Members monitor their accounts for incoming funds and contact their PPS providers in the event of any discrepancies.
 
Kind Regards
 
LCH.Clearnet Ltd