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 |
Was this page useful?
Last updated on: 11.02.2020