Dear Sirs, Please be informed that banks in Cyprus remain closed. The latest decision of the Central Bank of Cyprus, under which any payments transferred to the payment systems located in Cyprus or outside are suspended until further notice, remains valid. The suspension concerns the execution of payments from and to clients holding accounts with Cypriot banks. You are kindly requested to take this into account while ordering payments to counterparties, as well as verifying expected payments from Cypriot purchasers.