Clearing and settlements for direct REPO, inter-dealer REPO and reverse REPO vs Bank of Russia are effected together with clearing and settlements for the purchase and sale of bonds (in the order established for the latter).

Settlements for deposit transactions, concluded through the MICEX trading system, are effected through bank accounts, opened by credit institutions with the following settlement centers:

• The Settlement House of the Moscow Interbank Currency Exchange (Moscow);
• Petersburg Settlement Center (St.Petersburg);
• Siberian Settlement Center" (Novosibirsk);
• Nizhni Novgorod Settlement Center (Nizhni Novgorod);
• The Settlement House of the Rostov Currency and Stock Exchange (Rostov-on-Don);
• The Settlement House of the Urals Regional Currency Exchange (Yekaterinburg);
• The Settlement House of the Asian-Pacific Interbank Currency Exchange (Vladivostok);
• The Settlement House of the Samara Currency Interbank Exchange (Samara).

Deposit transactions with the Bank of Russia do not require the preliminary reservation of funds.

Following the results of deposit transactions, the credit institution transfers the deposit amount from its bank account with the settlement center to the "deposit registration account" with the Bank of Russia, in accordance with payment details specified in the extract from the Register of transactions.

The Bank of Russia returns the deposit amount, together with accrued interest, to the credit institution's bank account with the settlement center.

• The government securities market
• Money market