Non-residents › Deadlines for the Execution of Payments During the Holidays
Deadlines for the Execution of Payments During the Holidays
22.02.2010
Due to forthcoming Independence Day on the 24th of February domestic and international settlement services are provided as follows:
International payment orders will be accepted for execution on the same banking day, if the payment order reaches the Bank:
- on the 23rd of February before 14:00, if an urgent and extra urgent payment order reaches the Bank before 12:00 and intra-Group payment before 13:00.
Depending on the type of international payment, the value date of the payment is as follows:
- Extra urgent payment order and intra-Group payment: 23.02.10
- Urgent payment order: 25.02.10
- Ordinary payment order and EU-payment: 26.02.10
The 24th of February is a public holiday and no international payments are executed on that day.
Domestic payment orders will be accepted for execution and will be forwarded to the beneficiary’s bank on the same banking day, if the payment order reaches the Bank on the 23rd of February before 17:00. The 24th of February is a public holiday and no domestic inter-bank payments are executed on that day. Payment orders which reach the Bank on that day will be forwarded to the beneficiary’s bank on the 25th of February.
Happy Independence Day!