Timeframe for the Bank of Russia to produce collection orders on credit institutions’ correspondent accounts for loan redemption
|No.||Types of loans||Principal time to produce collection orders||Period of time to produce collection orders used in the case a credit institution files an application or a respective condition is included in the early settlement notice|
|1.||Overnight loans||Preliminary session of the Bank of Russia payment system||—|
|2.||Loans secured by assets pledged as collateral on new loans (rollover loans)||—|
|3.||Loans redeemed before maturity at the Bank of Russia’s demand||During the transaction day||—|
|4.||Loans other than those indicated in Clauses
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Last updated on: 11/02/2020