Currencies and Cut-Off Times

Below is a list of our currencies and related cut-off times.

The list of currencies represents those where we currently offer IBAN accounts to our members.  We are able to accommodate other currencies at the request of our members, therefore should you require an IBAN account in another currency that is not on the list, please contact your Business Partner.

The Cut-off is the time by which a payment needs to be initiated for same-day execution.

The Value Date (D) represents the date that the funds leave your account when executed before the Cut-off time.

Currency Payments Cut-off (CET) Value Date (Debit/Credit)
ID Name Price Category Bulk >50 Bulk <50 Single w-o FX w FX
AED United Arab Emirates Dirham 3 11:00 12:00 13:00 D/D D/D+1
AUD Australian Dollar 1 11:00 12:00 13:00 D/D D/D+1
CAD Canadian Dollar 1 12:00 13:00 14:00 D/D D/D+1
CHF Swiss Franc 1 12:00 13:00 14:00 D/D D/D+1
CZK Czech Koruna 3 14:00 15:00 16:00 D/D+1 D/D+1
DKK Danish Kroner 2 11:00 12:00 13:00 D/D D/D+1*
EUR Euro 1 13:00 14:00 15:00 D/D D/D+1*
GBP British Pound 1 13:00 14:00 15:00 D/D D/D+1
HKD Hong Kong dollar 3 11:00 12:00 13:00 D/D D/D+1
HRK Croatian Kuna 3 11:00 12:00 13:00 D/D D/D+1
HUF Hungarian Forint 3 14:00 15:00 16:00 D/D+1 D/D+1
ILS Israeli Shekel 3 11:00 12:00 13:00 D/D D/D+1
JPY Japanese yen 1 12:00 13:00 14:00 D/D D/D+1
MXN Mexican Peso 3 14:00 15:00 16:00 D/D+1 D/D+1
NOK Norwegian Krone 2 12:00 13:00 14:00 D/D D/D+1
NZD New Zealand Dollar 1 11:00 12:00 13:00 D/D D/D+1
PLN Polish Zloty 3 14:00 15:00 16:00 D/D+1 D/D+1
RON Romania New Leu 3 11:00 12:00 13:00 D/D D/D+1
RUB Russian Ruble 3 14:00 15:00 16:00 D/D+1 D/D+1
SAR Saudi Arabia Riyal 3 11:00 12:00 13:00 D/D D/D+1
SEK Swedish Krona 2 12:00 13:00 14:00 D/D D/D+1
SGD Singapore dollar 3 11:00 12:00 13:00 D/D D/D+1
TRY Turkish Lira 3 14:00 15:00 16:00 D/D+1 D/D+1
USD US Dollar 1 13:00 14:00 15:00 D/D D/D+1*
ZAR South African rand 3 11:00 12:00 13:00 D/D D/D+1

* Saxo Payments offers D/D settlement for the following currency pairs: EUR/USD, EUR/DKK and USD/DKK