Operation of Bank of Russia payment system on 9 March 2018
7 March 2018
Press release
The Bank of Russia informs that the payment system of the Bank of Russia will operate on 9 March 2018 throughout Moscow, the Moscow Region and St. Petersburg in accordance with the schedule.
On 9 March 2018, the Bank of Russia will not provide cash servicing to credit institutions.
We further inform that no hard-copy payment instructions or payment instructions to Bank of Russia field institutions will be accepted on this day.
Operating schedule of Bank of Russia payment system on 9 March 2018
| No. | Procedures performed during the day | Start time | End time | Note |
| 1 | Preparation for the beginning of the operational day in the regional component of the Bank of Russia payment system | No later than 5:30 AM Moscow time | No later than 7:00 AM Moscow time | |
| 2 | Preliminary BESP session | 6:00 AM Moscow time | 7:00 AM Moscow time | |
| 3 | Regular BESP session | 7:00 AM Moscow time | 9:00 PM Moscow time | |
| 4 | Acceptance for execution of payment instructions in the electronic form from exchange participants, Bank of Russia subdivisions in the regional component for making non-urgent payments (except for determination of payment clearing position); transmission of electronic notifications regarding these procedures | No earlier than 7:00 AM local time (for exchange participants) | 9:00 PM Moscow time | |
| 5 | Determination of payment clearing position in the inflow mode and execution of non-urgent payment instructions; transmission of notifications, notices and confirmations regarding these procedures | No earlier than 7:00 AM Moscow time | 9:00 PM Moscow time | |
| 6 | Determination of payment clearing position in the discrete mode and execution of payment instructions; transmission of notifications, notices and confirmations regarding these procedures |
11:00 AM; 2:00 PM; 4:00 PM; 6:00 PM Moscow time |
12 noon; 3:00 PM; 5:00 PM; 8:00 PM Moscow time |
first cycle; second cycle; third cycle; fourth cycle |
| 7 | Final BESP session | 9:00 PM Moscow time | No later than 9:30 PM Moscow time | |
| 8 | Determination of payment clearing position in the discrete mode and execution of payment instructions; transmission of notifications, notices and confirmations regarding these procedures | 9:00 PM Moscow time | No later than 10:00 PM Moscow time | Fifth cycle |
| 9 | Completion of the operational day | No earlier than the end of the final BESP session and the fifth cycle | No later than 11:00 PM Moscow time of the next day |
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