Regulatory Alerts2024-03-11 | Circular No. 3 of 2024Transition to New RTGS System for Standing Deposit Facility (SDF) Placement
The Central Bank of Sri Lanka instructs all participating institutions to transition from the Online Electronic Bidding System to the Payment Originator option of the new Lanka RTGS System for Standing Deposit Facility placements. This operational change takes effect on 11 March 2024, requiring institutions to adhere to the existing 3:30 pm cut-off time for such transactions. The procedure for Standing Lending Facility placements via the Online Electronic Bidding System remains unchanged.
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