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Leon time zone is Eastern Daylight Time which is 5 hours behind Coordinated Universal Time (UTC).
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Leon, browse local businesses, landmarks, get current traffic estimates, road conditions, and more. Sistema Nacional de Compensación Electrónica Leon is located in Dearborn County in the State of Indiana. Sistema Nacional de Compensación Electrónica (2)” SEPA-Clearer (SCL) of the Retail Payment System This table gives an overview of all countries participating and connected to TARGET2 and the ancillary systems active in those countries settling in the SSP. The ECB also chose this model for the AS which connect through the ECB to TARGET2. These countries opted for the national big bang: Cyprus, Denmark, Estonia, Finland, France, Greece, Italy, Ireland, Latvia, Luxembourg, the Netherlands and Slovenia. All payment transactions were settled in the SSP from the first day. National big bang: All existing systems were dismantled from the moment the central bank migrated to the TARGET2 single shared platform (SSP).These countries chose the phased approach: Austria, Belgium, Germany, Lithuania, Malta, Poland, Portugal and Spain. Some RTGS transactions were settled in the SSP from day one, while the rest of the business will continue to be settled on proprietary home accounts for an interim period lasting a maximum of four years (the “transition period”). Phased approach: Some parts of the existing infrastructure co-existed with the SSP for a period of time, in order to allow for a smoother migration.Some banking communities chose a phased approach to migrate to the SSP, other chose a national big bang: In effect, the action moves from the subject, through the verb, to the direct object and then the. These migration profiles provide an overview of the usage of the different modules (including the optional modules) of TARGET2, information regarding the types of transactions which settle in each module and information on the ancillary systems. The indirect object of a verb receives the direct object. Accordingly, national migration profiles were drawn up indicating the situation on the first day of the central banks’ migration to the SSP. In order to best meet the needs of banks, ancillary systems and central banks, the Eurosystem chose a migration approach to TARGET2 which allowed for flexibility in the timing of the connection to the Single Shared Platform (SSP).