What is the exact timeline for interest payments?
The interest payment process follows a defined schedule, which you receive from CONDA Capital as process documentation.
The process consists of the following steps:
- You receive the interest payment form, which marks the start of the process.
- You transfer the bundled payment to the payment service provider in good time.
- CONDA Capital confirms receipt of the payment.
- CONDA Capital instructs the payments to the investors.
- The payments and the platform-generated emails are sent on the scheduled payment date.
As is standard practice in the financial sector, interest payments are made on the scheduled payment date and not in advance.
What has changed with the change of payment service provider?
If you were previously accustomed to interest being distributed several days before the due date, this process has changed following the change of payment service provider.
Please plan your liquidity and your own investor communications accordingly, based on the actual scheduled payment date.
Base your own communication on the payment date specified in the process documentation.
If there are any deviations from the planned process, CONDA Capital will inform you proactively.