What are T+ Currencies and what does this mean?
Some currencies will have T+ value (listed below) This occurs due to bank guidelines with buying and selling these currencies as they are not easily available for same day processing.
T+ transaction will move the value date as per settlement expectancy i.e.: If you make a T+1 currency transaction on 4th March, the credit VD will = 5th March (excluding non-working processing days i.e.: weekends)
- AUD, JPY, NZD, SGD
How do I know when a currency holiday will be? How does this impact my payment?
We have a currency holiday calendar on our website, which is updated every End of Year - It can be located here: Banking-Circle-Currency-Holiday-Calendar-2025.pdf
Any transactions you have submitted on a currency holiday will be accepted by the system, however, will not be processed for credit Value date. Processing will take place on the next available working day. You will see the debit processed, and balance adjusted
Why was the debit taken from my account during a currency holiday?
As per system infrastructure a Currency holiday affects the crediting value. Our system will always process the debit regardless of Currency holiday or any public holiday.