NCCPL implements multiple payment batches for T+0 GDS instant settlement

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MG News | August 22, 2025 at 05:46 PM GMT+05:00

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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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