Non CTS Presentation

Different sessions will be run for CTS 2010 and Non-CTS 2010 instruments.

   I) Sessions for Non-CTS 2010 instruments will be run at the following frequency
          a. From 1st Jan to 30th Apr., 2014
                       i. Thrice a Week on Monday, Wednesday & Friday
          b. From 1st May to 31st Oct., 2014
                       i. Twice a Week on Monday & Friday
          c. From 1st Nov. 2014 onwards
                       i. Once a Week on every Monday


II. Segregation of instruments will be handled by the presenting bank.

III. If Non-CTS 2010 instruments are presented in incorrect session then the drawee bank can return  all such instruments as present in proper zone

IV. New clearing type will be defined for specific days on which Non-CTS 2010 instruments in addition to the existing clearing

V. Clearing for Non-CTS 2010 instruments (clearing type no.11) will be run on the following days with value dating on the next working day.
      a. Monday
      b. Wednesday
      c. Friday

VI. Corresponding returns sessions will be conducted on the following days(value dates)
      a. Tuesday
      b. Thursday
      c. Saturday


SPECIAL CONDITION FOR NON CTS CLEARING

I.In case of holiday falling on any of the above scheduled session days the presentation
    session will be preponed to the previous working day and return session will be
     conducted next available working day to the holiday.

II. Blockage will be applicable to all sessions.

III. Extension will be applicable to a specific session.

IV. Inward files, session reports settlement will be generated separately for each clearing
      type.

V. Daily reports pertaining to system log will continue to be common for all sessions.
VI. The holiday calendar will be common to all sessions.