NCCPL implements multiple payment batches for T+0 GDS instant settlement
MG News | August 22, 2025 at 05:46 PM GMT+05:00
August 22, 2025 (MLN): The National Clearing
Company of Pakistan Limited (NCCPL) has declared the implementation of multiple
payment batches for T+0 GDS instant settlement transactions, effective from
Tuesday, August 26, 2025.
NCCPL will process payment for T+0 GDS
instant settlement transactions in six batches as per following schedule:
|
Activity |
Start
Time |
End
Time |
Responsibility |
|
|
Monday
to Friday |
GDS Instant T+0
Collection (Trade for Trade Basis) |
9:00 AM |
16:00 PM |
CM/SB |
|
GDS Instant T+0 Payment
First Batch |
10:30 AM |
16:45
PM |
SB/NCCPL |
|
|
GDS Instant T+0 Payment
Second Batch |
11:30 AM |
|||
|
GDS Instant T+0 Payment
Third Batch |
12:30 PM |
|||
|
GDS Instant T+0 Payment
Fourth Batch |
1:30 PM |
|||
|
GDS Instant T+0 Payment
Fifth Batch |
2:30 PM |
|||
|
GDS Instant T+0 Payment
Final Batch |
4:15 PM |
|||
|
GDS Instant Non-Exchange
Transaction Initiation |
9:00
AM |
15:45
PM |
CM |
|
|
GDS Instant Non-Exchange
Transaction Affirmation (IDS, IDSI & IDSC) |
||||
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