Updating Participant Bank Account Details
Affected Period
Status
Closed
Category
Customer Service
Run Type
Created
Last Updated
Dear Market Participant,
Please note the process for changing Bank Account Details, which is laid out in the Agreed Procedure 4, Table 8 "Authorisation to change Banking Details".
You can find the above on the SEMO website under the following link: https://www.sem-o.com/rules-and-modifications/balancing-market-modifications/market-rules/Part-B-Agreed-Procedure-4-Transaction-Submission-and-Validation.docx
Please do not close your existing account until
1. We have validated the new Bank Account Details as per the agreed procedure
2. You have received your first payment to your new accepted Bank Account Details from SEMO
This is to prevent any disruption to payments you receive from SEMO.
Please do not hesitate to contact us at info@semo-o.com should you have any questions.
Kind regards,
SEMO Team