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The rules and regulations for presentation of information on the status of balances and turnovers on the accounts and the rules and regulations for the processing of orders in the BRESOK-SPM system

The rules and regulations for presentation of information on the status of balances and turnovers on the accounts in the BRESOK-SPM system: Information on the status of balances and turnovers concerning bank accounts that is made available using the BRESOK-SPM system is presented within the framework of the system in the following time frames: From 7.00 hrs – provision of information on the status of an initial balance of accounts; From 7.00 through 21.00 hrs - cyclical (every 15 minutes) updating of information regarding the status of balances and turnovers on the accounts; At approx. 21.00 hrs – the last update of information on the status of balances and turnovers on the accounts. General rules and regulations for the processing of orders in the BRESOK-SPM system:  Orders placed through the BRESOK-SPM system are processed using the following rules: Orders placed on a business day until 18.00 hrs are processed on the next business day following the day they have been placed with the bank; Orders placed on a business day after 18.00 hrs are processed on the second business day counting from the day they have been placed with the bank; Orders placed on a day free from work – notwithstanding the time the order was placed with the bank – are processed on the second business day following the day when the orders were placed with the bank. Orders with future date of acceptance for processing thereof: if the future performance date falls on a business day, the orders are processed by the bank on the next business day; if the future date of acceptance for the processing thereof falls on a day free from work, the bank shall process the orders on the second business day following the day free from work.

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