CLS Bank live with four additional currencies

CLS Bank International (CLS Bank) announces that it will settle payment instructions in four new currencies for the first time this week. This brings to fifteen the number of currencies eligible to settle through CLS Bank.

Following regulatory approval, the Hong Kong Dollar, the Korean Won, the New Zealand Dollar and the South African Rand have been designated as CLS Bank Settlement Eligible Currencies by the CLS Bank Board of Directors.  The extension of the CLS Bank service to these currencies enhances systemic stability in the settlement of foreign exchange transactions.