SARIE Business Cycle
SARIE System's Business Cycle
The SARIE system operates for twenty-four hours a day throughout the year, stopping only on holidays and Fridays. The SARIE system receives payments each morning from nine in the morning until four in the afternoon. Those received payments with exception of forward payments will reach the beneficiaries on the same value date regardless of thier distribution over operational cycle's schedule.
| Same Day value transfers | SARIE Business Cycle (Sat - Wed) |
||
|---|---|---|---|
| Event | Start | End | Event # |
| Cutover | 09:00 | 1 | |
| Clearings | 9:30 | 15:00 | 2 |
| All types of payments (Single & Bulk) | 9:00 | 15:30 | 3 |
| Squaring & Positions Adjustment | 15:30 | 15:45 | 4 |
| Cutoff | 16:00 | 5 | |
| Same Day value transfers | SARIE Business Cycle (Thu) |
||
|---|---|---|---|
| Event | Start | End | Event # |
| Cutover | 09:30 | 1 | |
| Customers Bulk Payments | 9:30 | 12:00 | 2 |
| Clearings | 9:30 | 13:00 | 3 |
| All types of payments except event #2 | 9:30 | 13:00 | 4 |
| Squaring & Positions Adjustment | 13:00 | 13:15 | 5 |
| Cutoff | 13:30 | 6 | |
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