Antwerp: The Antwerp World Diamond Centre (AWDC) stated that significant progress has been made in transitioning Antwerp Diamond Bank (ADB) clients to new banking services. In April, the AWDC negotiated a two-month extension for ADB clients to transition out before June 30. With that deadline approaching, the AWDC stated that many of ADB’s clients have secured new banking services; however, “time is of the essence” since ADB will close all remaining accounts on that day.

Diamond traders who have not secured new banking services were urged to contact AWDC’s bank helpdesk at telephone number 0800.29.345 to initiate the closure process with ADB.

The AWDC reminded the trade that alternative banking solutions being offered is exclusively to ADB’s remaining clients is subject to the bank’s evaluation of each client file.