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Originating department:Treasury Operations
Company Circular No:LCH.Clearnet Ltd Circular No 3265
Date:1 March 2013
To:All Clearing Members

Changes to fees for Protected Payments System (PPS*) services

Following our circular on 11 January 2013, (circular no. 3245), advising members that with effect from 1 April 2013, LCH.Clearnet Ltd will be charging for transaction costs relating to all PPS call/pays, Members are requested to contact;

Mark Green - LCHoperations-treasury@lchclearnet.com who will advise you of the fees associated with your specific PPS bank.

Please ensure that this information is circulated to the relevant area within your organisation.

*PPS is LCH.Clearnet Limited’s direct debit system for the transfer of funds to and from clearing members.


Siobhán White
Director, Treasury Operations