Further to Announcement A20165, Clearstream Banking1 informs its clients that effective
31 May 2024
Citibanamex Securities Services will stop processing clients’ cash payment instructions sent to BIC BNMXMXMMCVT.
Impact on clients
By the effective date, clients are requested to make the necessary adjustments to their internal processes to send all their cash payment instructions only to BIC CITIUS33MER.
Citibanamex will not take any responsibility for unprocessed cash payment instructions sent to BIC BNMXMXMMCVT after 31 May 2024.
Background
Citi has completed the acquisition of Deutsche Bank Mexico. As a result, Citibanamex will be restructured, its institutional businesses, including Securities Services, will be divested and integrated into a new bank established by Citigroup and BIC BNMXMXMMCVT will be decommissioned.
Further information
For further information, clients may contact Clearstream Banking Client Services or their Relationship Officer.
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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG clients using Creation accounts), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.
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