Navigation Path: Home > Payments & Markets > T2S > Pricing > Price list
According to the decision of the Governing Council regarding the T2S settlement fee for a DvP instruction (see Pricing Decision), and in combination with the pricing structure defined with the market, the actual T2S price list is the following:
| Tariff items | Price | Explanation |
| Settlement services (75% of T2S income) | ||
|---|---|---|
| Delivery versus payment | 15 cents | per instruction* |
| Free of payment/payment free of delivery | 9 cents | per instruction* |
| Internal T2S liquidity transfer | 9 cents | per transfer |
| Account allocation | 3 cents | per instruction* |
| Matching | 3 cents | per instruction* |
| Intra-position/intra-balance movement | 6 cents | per transaction |
| Auto-collateralisation service with payment bank | 15 cents | for issue and return, charged to collateral provider |
| Intended settlement day failed transaction | 15 cents | surcharge per business day failed per instruction* |
| Daytime settlement process | 3 cents | surcharge per instruction* |
| **Daytime – last two hours, 2pm – 4pm | Free | additional surcharge per instruction* |
| **Auto-collateralisation service with NCB | Free | per transaction, charged to the collateral provider |
| **Instruction marked with “top/high priority” | Free | surcharge per instruction* |
| **Cancellation | Free | per instruction* |
| **Settlement modification | Free | per instruction* |
| Information services | ||
| A2A queries and reports | to be decided | per business item in any report or query generated |
| U2A queries | per executed search function | |
| Message subscription services | per message | |
| Account management services | ||
| **Securities account | Free | Fee options: a) monthly fee per ISIN in the account or b) monthly fee per account |
| **Fee per cash account | Free | Monthly |
| * Two instructions per transaction will be charged. | ||
| ** These items will initially be set at a zero price, presuming that actual usage will be within an expected consumption pattern. However, should there be a stronger than expected use of the IT system resources which adversely affects T2S performance, it will be reconsidered to charge for these items. Such review will occur at regular intervals. | ||
