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COT extension

COT extension

Dear clients,

We moved the time limit times (cut-off time - COT) for certain foreign payments and foreign exchange transactions realized through our internet platform OLB to be settled on the same day (D+0). For example, foreign payments and foreign exchange transactions in PLN, CZK and RON You can enter up to 13:00 PM of the day.

A complete overview of the new COT for each currency HERE. We believe that this change will please you and help you in your tradings.

Note: Cut-off time is the time in which bank credit institution receives or accepts payment orders that are executed maturing on the same day. Cut-off time is determined by the exact hour, as limit for the receiving commands. After this time they are accepted payment orders executed maturing next day.
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