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Download 2012/074 Ongoing Central Settlement Issue (Company Market
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To: Brokers (via LIIBA) Brokers Settlement Contacts Company LPC Contacts market communication Company Settlement Contacts Non-Lloyds Brokers Date: 25 June 2012 Reference: 2012/074 Enquiries to: Ian Temple, Settlement & User Support, Folkestone Tel: +44 (0)1303 854761 Email: [email protected] Karen Lloyd, Settlement & User Support, Folkestone Tel: +44 (0)1634 887889 RE: Email: [email protected] ONGOING CENTRAL SETTLEMENT ISSUE (COMPANY MARKET BUSINESS) Further to Xchanging market communications 2012/072 and 2012/073, dated 21 and 22 June 2012 respectively, customers are advised that, at the request of the LIPS coordinating bank, manual procedures were used again today. As at 14:00 hours, all debits had cleared with the expectation that credits balances would be cleared by end of day today. It is recommended, however, that customers contact their bank to confirm whether settlement has been successful. As the system problems affecting LIPS are ongoing, manual procedures will also be used tomorrow, Tuesday 26 June 2012. A further communication will be issued to update customers in due course, however, regular details are posted under ‘Status of Xchanging Services’ on https://insuranceportal.xchanging.com. ANTHONY CROYDON HEAD OF SERVICE XCHANGING INSURANCE SECTOR Xchanging Limited Registered Office 34 Leadenhall Street London • EC3A 1AX • UK Registered in England and Wales No. 3616858
