Cut – off times for foreign payment orders

Foreign payment orders for accounts handled at the area of MSP i corporates

 

Order type - Outgoing foreign payments Cut-off time Execution date
(debit the customer’s account at the Bank)
Outgoing foreign payment orders and outgoing domestic payments in a foreign currency (other than internal transfers)

Day D by 1:00 PM

Day D

Day D after 1:00 PM

Day D+1
SEPA Credit Transfer and EuroExpress Transfer (refers to the orders placed only via mBank CompanyNet and BRESOK electronic banking systems)

Day D by 3:00 PM

Day D

Day D after 3:00 PM

Day D+1

 

 

Order type - Incoming foreign payments Cut-off time Execution date
(credit the customer’s account at the Bank)
Incoming foreign payment orders regulated by the Payment Services Act dated 19 August 2011, including the Incoming SEPA Credit Transfer, settled by the Bank automatically

Day D - by the end of the

business day for the Bank

Day D *

Incoming foreign payment orders not regulated by the Payment Services Act dated 19 August 2011 and payments settled by the Bank manually

Day D by 3:30 PM

Day D *

Day D after 3:30 PM

Day D+1 *

* Payment orders are booked at given business day for the Bank with the value date indicated in the incoming message. The Bank does not make bookings in the Client's bank account on the date before the order execution date.