EUR Concentration Arrangements
LCH Circular No 3779
25th August 2016
All LCH Ltd Clearing Members
At LCH we are always working to improve our payment processing capabilities. That’s why we are pleased to announce that from today we have migrated all EUR concentration payments to the Eurosystem’s RTGS platform – TARGET2.
As part of the migration LCH has become a direct participant in TARGET2 through De Nederlandsche Bank.
In addition to EUR, LCH currently operates central bank concentration accounts in GBP, CHF, AUD and CAD.
This announcement is for information only and Clearing Members are not required to take any action.
Please address any questions to: Gerard.Smith@lch.com