LCH.Clearnet Ltd - Euroclear UK and Ireland (EUI) SWIFT Messaging Changes
|Company Circular No:||
LCH.Clearnet Ltd Circular No 3480
|Service Circular No:||
EquityClear Circular No 7
|Date:||2 June 2014|
|To:||All LCH.Clearnet Ltd Clearing Members|
LCH.Clearnet Ltd (LCH.Clearnet) will be implementing changes to the way that SWIFT messages are sent to Euroclear UK and Ireland (EUI), which will enable LCH.Clearnet to send netted settlement instructions to EUI.
From 30 June 2014 to 30 September 2014, members will not incur any of the SWIFT messaging costs associated with the sending of these messages to EUI.
We would appreciate it if members could make the necessary arrangements and complete the testing related to these changes by 30 September 2014. After this date, a minimal cost will be applied.
For more information please contact Ian Mackenzie Email email@example.com Tel 020 7426 7265
Roland Chai Head of Equities, LCH.Clearnet Ltd