Regulatory Alerts2019-06-14 | Payment and Settlement System Circular No. 5 of 2019Amendment to Daily Operating Schedule of the LankaSettle System
The Central Bank of Sri Lanka issued Circular No. 05 of 2019 to amend the Daily Operating Schedule of the LankaSettle System effective 24 June 2019. The revision aligns the schedule with the launch of the LankaPay Common POS Switch, introducing four specific clearing cycles with designated RTGS settlement times. Participants are instructed to monitor settlement accounts to ensure sufficient funds are available for Multilateral Net Settlement batches during the updated operational hours.
Share