Change of Settlement Agent Bank in Czech Republic, Hungary and Poland

James McNulty

December 17, 2021

EuroCCP confirms a change of agent bank in the markets of Czech Republic, Hungary and Poland.

This change will take effect from settlement date Monday 17 January 2022 and the newly appointed agents are:

Citibank Europe plc. organizacni slozka - Czech Republic
Citibank Europe plc. Hungarian Branch - Hungary
Bank Handlowy w Warszawie S.A. - Poland

The EuroCCP’s Standard Settlement Instructions (SSIs) for securities and cash will change. Clearing Participants are requested to update their records with effect from Monday 17 January 2022.

The new SSI’s for security settlement are:

Czech Republic: Citibank Europe plc. organizacni slozka

Delivery / Receiving party BIC (DEAG / REAG) - CITICZPX

CSD of Delivering / Receiving party (PSET) - UNIYCZPP

Client of Delivering / Receiving participant (Seller / Buyer) - EMCFNL2A

Beneficiary account - 8880387341

Hungary: Citibank Europe plc. Hungarian Branch

Delivery / Receiving party BIC (DEAG / REAG) - CITIHUHXCUS

CSD of Delivering / Receiving party (PSET) - KELRHUHB

Client of Delivering / Receiving participant (Seller / Buyer) - EMCFNL2A

Beneficiary account - 7202601001

Poland: Bank Handlowy w Warszawie S.A.

Delivery / Receiving party BIC (DEAG / REAG) - CITIPLPX

CSD of Delivering / Receiving party (PSET) - KDPWPLPW

Client of Delivering / Receiving participant (Seller / Buyer) - EMCFNL2A

Beneficiary account - 0822433000

Settlement Agent Power of Attorney

EuroCCP continue to support Settlement Agent POA services and ask Clearing Participants using this service to information their settlement agents accordingly.

Transition Planning:

All trades executed on trade date Thursday 13 January and Friday 14 January 2022 will be submitted for settlement using EuroCCP’s new SSIs early morning on Monday 17 January 2022
Effective trade date Thursday 13 January 2022 (trade date) trades must be submitted for settlement using EuroCCP’s new SSIs
Trades instructed to settle up an until Friday 14 January at Deutsche Bank but failing in the market as at close of business Friday 14 January 2022, will remain with Deutsche Bank and not form part of the transition. We will work with you and Deutsche Bank until your trades have settled. Please note that partials and split requests for trades due to settle up to and including Friday 14 January 2022 will be actioned

The new SSI’s for cash/ payments are effective for value date Monday 17^th January 2022:

Czech Koruna, CZK: Citibank Europe plc. organizacni slozka

Account - 2590400109

Tag 57A - CITICZPX

Tag 58A - CZ1126000000002590400109

Beneficiary - EMCFNL2A

Hungarian Forint, HUF: Citibank Europe plc. Hungarian Branch

Account - 202601006

Tag 57A - CITIHUHXCUS

Tag 58A - HU35 1080 0007 9000 0002 0260 1006

Beneficiary - EMCFNL2A

Polish Zloty, PLN: Bank Handlowy w Warszawie S.A.