New cut-off time for domestic payments, internal orders, postal orders and direct debits submitted with the use of electronic banking systems
Dear Sir/Madam
mBank S.A. would like to inform you that as of 23 June 2016 the cut-off time of the following orders:
Domestic transfer order within the ELIXIR system,
Transfer order to the Social Insurance Institution (ZUS),
Transfer order to the Tax Office (US),
Internal transfer order of mBank S.A.*,
Express transfer order (Express Elixir),
Express transfer order (Blue Cash),
Mass transfer order
Direct debit,
Postal order,
Order to open a new term deposit,
submitted with the use of the mBank CompanyNet, BRESOK, and MultiCash electronic banking systems, will be changed from 7 p.m. to 8 p.m.
At the same time, the time of generating the last MT942 file including current transactions in your bank accounts will be changed to 8:05 p.m.
The procedure for executing the remaining payment orders at mBank remains unchanged. The procedure for executing payment orders submitted in a paper form also remains unchanged.
Additionally, the cut-off time for placing transfer orders with the use of the electronic banking systems will be changed - the transfer will be executed and the funds will be transferred to the second session via the ELIXIR system at 12 p.m. (previously: 11:30 a.m.).
For detailed information please go to: https://www.mbank.pl/pomoc/info/msp-korporacje/godziny-graniczne-zlecen-platnosci-krajowe.html
Should you have any questions, please do not hesitate to contact your Advisor.
Transactional Banking Department
* Orders approved for execution between 7:30 p.m. and 8 p.m. which involve transferring funds in a foreign currency or funds which require currency conversion to Retail Customers’ accounts will be posted to the beneficiary’s account at the latest on the next business day for mBank.