INTERBOLSA provides to its Financial Intermediaries and other similar Entities the Non-Euro Currency Settlement System (SLME) which uses a “Commercial Bank Money” Foreign Currency Payment System, operated by Caixa Geral de Depósitos S.A. (SPME), for the purpose of financial settlement.
Non-euro Currency Settlement System
Non-euro Currency Settlement System
Type of transactions settled through SLME
- Payment of income, interest and redemption;
- The settlement of instructions registered in the Real Time Settlement System, (OTC “Non-cleareble” market instructions, among others).
Settlement procedure
The settlement instructions in foreign currency, not eligible for T2S, are processed as follows:
- The physical settlement is processed in T2S, conditioned to its financial settlement outside the T2S platform;
- The payment instructions resulting from the settlement carried out by SLME are processed by the Foreign Currency Payment System (SPME), operated by Caixa Geral de Depósitos (CGD).
Available Currencies and Matching Tolerance
Currency | Designation | Settlement Amount | Tolerance Amount |
---|---|---|---|
AUD | Australian Dollar | <=160.000
>160.000 |
3 39 |
CAD | Canadian Dollar | <=140.000
>140.000 |
3
36 |
CHF | Swiss Franc | <=100.000
>100.000 |
2
25 |
CNY | Chinese yuan renminbi* | <=740.000
>740.000 |
15
184 |
GBP | Pound Sterling | <=90.000
>90.000 |
2
22 |
JPY | Japanese Yen | <=14.070.000
>14.070.000 |
281
3.517 |
NOK | Norwegian krone | <=1.050.000
>1.050.000 |
21
263 |
SEK | Swedish krona | <=1.110.000
>1.110.000 |
22
278 |
USD | United States Dollar | <=110.000
>110.000 |
2
27 |
*Chinese yuan renminbi offshore (CNH), but for technical reasons it is used CNY
Support Documentation
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English Version
/sites/default/files/2024-01/INTERBOLSA%20REGULATION%202_2016_0.pdfniamh.smith@de…26/04/2022
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English Version
/sites/default/files/2023-07/circular.2016.04.en_.pdfnmarsali@euron…13/07/2023
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English Version
/sites/default/files/2023-07/notice.2019.1220.en_.pdfnmarsali@euron…11/07/2023
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Manual Operativo da INTERBOLSA
Portuguese Version
/sites/default/files/2023-07/manual-operativo_v40.pdfnmarsali@euron…11/07/2023