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List of eligible SSSs

SSSs are eligible for use in Eurosystem credit operations if they comply with the eligibility criteria

Last updated: 10 May 2023

Country SSS Procedures used for Eurosystem credit operations Other procedures not used by the Eurosystem
Belgium NBB-SSS Free-of-payment (FOP) real-time settlement Delivery-versus-payment (DVP) real-time settlement
Euroclear Bank FOP real-time settlement DVP real-time settlement in commercial bank money
Germany Clearstream Banking AG-CASCADE  FOP multiple-batch settlement, FOP real-time procedure DVP settlement
Clearstream Banking AG–CREATION FOP real-time settlement DVP settlement in commercial bank money
Estonia Nasdaq CSD SE Estonian Securities Settlement System FOP real-time settlement DVP real-time settlement
Greece BOGS

FOP real-time settlement

DVP settlement

Spain Iberclear-ARCO

FOP real-time settlement

DVP real-time settlement

France Euroclear France FOP real-time settlement DVP real-time settlement
Croatia SKDD FOP real-time settlement and multiple-batch settlement DVP real-time settlement and multiple-batch settlement
Italy Euronext Securities Milan
FOP real-time settlement DVP multiple-batch settlement, DVP real-time settlement
Cyprus CDCR FOP settlement, pre-depositing of securities DVP settlement in central bank money
Latvia Nasdaq CSD SE Latvian Securities Settlement System FOP real-time settlement DVP real-time settlement
Lithuania Nasdaq CSD SE Lithuanian Securities Settlement System FOP real-time settlement DVP real-time settlement
Luxembourg Clearstream Banking S.A. FOP real-time settlement DVP real-time settlement in commercial bank money
LuxCSD FOP real-time settlement DVP real-time settlement
Malta MaltaClear FOP settlement, pre-depositing of securities DVP settlement
Netherlands Euroclear Nederland FOP real-time settlement DVP real-time settlement
Austria OeKB CSD GmbH FOP real-time settlement, plus 8 batches for netting purposes DVP real-time settlement, plus 7 batches for netting purposes
Portugal Euronext Securities Porto
FOP real-time settlement Intraday batch, overnight batch, RTGS (both DVP and FOP) and FOP real-time securities transfers
Slovenia KDD FOP real-time settlement DVP real-time settlement
Slovakia CDCP FOP real-time settlement DVP real-time settlement
Finland Euroclear Finland Infinity System FOP real-time settlement DVP real-time settlement

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