Use of the International Bank Account Number (IBAN)



Similar documents
INTERNATIONAL BANK ACCOUNT NUMBER (IBAN) AND BANK IDENTIFIER CODE (BIC) IN PAYMENTS

Guide. 1 Dec Introduction of the global Structured Creditor Reference in Finnish companies. 1 December 2010

E-invoice in file transfer Service description

Single Euro Payments Area SEPA Herman Ciappara Payments & Banking Department Central Bank of Malta

INTERNATIONAL BANK ACCOUNT NUMBER (IBAN) AND BANK IDENTIFIER CODE (BIC) IN PAYMENTS

for CONSUMERS Information on the SINGLE EURO PAYMENTS AREA

SEPA Credit Transfer. Readiness Checklist

Format Description. SWIFT MT103 Single Customer Credit Transfer

Payments via Unitel & Corporate Netbank Request for Transfer Customer tariff effective from 1 September 2016

Information Concerning the Use of the SEPA Payment Schemes

Service description. Corporate Access Payables

pg. 2 pg. 6 pg.8 pg. 20

IBAN calculation and validation. Service description

Deutsche Bank Global Transaction Banking. Internet Bankieren. Entering Payments and Collections.

Payment solutions for individual clients in Switzerland

Payment transactions and account management. Our best conditions for you

Entering payment order abroad and payment order in a foreign currency in the Czech Republic via electronic banking service ČSOB InternetBanking 24

Paying your FNB Credit Card account is as easy as setting up a monthly intelligent Debit Order.

SEPA. Changes in the Payment System Implementation of the European SEPA Regulations for Kuna and Euro Payments

E-payment. Service description

Business Partner Prefunding Guide

Make payments. Bankline support guides: In this guide. How to make a standard domestic payment. Did you know? Page 1

Cross-Border Payment Systems and International Remittances

Telephone Bank. Service description

International payments Tariff for corporate customers effective from 1 January 2015

Creating international money transfers

RF Creditor Reference

NATIONAL BANK OF ROMANIA

Single Euro Payments Area

Legal aspects e-mandates

TARIFF & CUT-OFF TIMES - IRELAND

Bank Wizard. Comprehensive payment data validation and verification

Form Payments statistics (formerly form-9006)

Switching your Business Current Accounts

GENERAL TERMS AND CONDITIONS FOR EURO-DENOMINATED PAYMENTS WITHIN SEPA

SEPA - Frequently Asked Questions

Terms and conditions - Cross-border payments

10 Step Guide to Getting Started with BOI Business On Line. Business On Line. 10 Step Guide to Getting Started. A BOL Setup Guide. ROI Only. v.

Format Description. SWIFT MT202: General Financial Institution Transfer

Payment solutions for individual clients. Swiss ways and customs

10 Step Guide to Getting Started with BOI Business On Line. Business On Line. 10 Step Guide to Getting Started. A BOL Setup Guide. v.

e - zaba PAYMENTS, COLLECTIONS, PURCHASE AND SALE OF FOREIGN CURRENCIES AND FOREIGN CURRENCY TRANSFERS INSTRUCTIONS FOR USE

International Banking. International Banking tariff guide

E-invoicing (EBPP) today and future trends in Nordic countries

Terms and conditions Cross-border trading

User's manual for OTPdirekt Internet Banking. v.1.0

FREQUENTLY ASKED QUESTIONS ABOUT SEPA

RULES FOR FOREIGN PAYMENTS

Table of Contents. Information on the key changes 2, 3 & 4. Changes to the Single Payment, Template and Bulk Payment Screens 5 & 6

Business On Line. The complete online package for your business

Personal Current Account Charges Explained

Credit transfer to Customer account with AS "Meridian Trade Bank" EUR, USD free of charge * Other countries currency information in the Bank

Encrypting*a*Windows*7*Hard*Disk* with%bitlocker%disk%encryption!

List of Charges of Česká Spořitelna a.s. for bank businesses (hereafter List of Charges)

International Payments

Switching your personal current account made easy

Service description IBAN Calculation for Account Numbers and Checking the Validity of Accounts

Accurate cheque writing When writing or accepting a cheque, ensure that all details are correct to avoid unpaid cheque Charges.

Solution Summary: Payments centralisation

General Terms and Conditions Current Accounts Terms and Conditions Savings Accounts Terms and Conditions

Streamline End-to-End Payment Processes on a Central Platform

Nordea Account structure. Corporate egateway

Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

Schedule of fees and charges for business customers

Corporate Netbank User Guide Cash Management Services

Payments Statistics Return (PSA)

International Payments Terms & Conditions

General guidelines on payment statistics

Tariff of Banking Fees and Commissions of mbank for SME and Corporates

EXTRACT FROM THE SERVICE CHARGE LIST FOR PRIVATE CUSTOMERS

SEPA. Frequently Asked Questions

C o r p o r a te s & I n s t i tu t i o n s F e e s & C h a r g e s

International Products & Services. Fees, charges and services explained.

BUSINESS ONLINE USER MANUAL

Web Services. File transfer Service description

ISO PAYMENT GUIDE. Messages: Pain Pain

Intra-day payment Frequently asked questions

Domestic & International Wires

Cards and Accounts Overview of Conditions

Spanish legacy branch code 4 numbers. Spanish legacy bank code 4 numbers

in Fr a nce Introduction

Implementing SEPA in Belgiu m

HAL E-BANK MANUAL CROSS-BORDER PAYMENTS AND OPERATIONS WITH FOREIGN CURRENCIES. Hal E-Bank version: 18.X.X.01

Liquidity management with clockwork precision

x x Accuity IBAN Complete Validation Messages Explanations Message Code IBAN Message Additional Explanation VALID INVALID WARNING

Terms and Conditions for Direct Debit Collection.

BENEFITS QUALIFICATION CYCLE REQUIREMENTS

Oracle FLEXCUBE Direct Banking Release Retail Transfer and Payments User Manual. Part No. E

HAL E-BANK MANUAL CROSS-BORDER PAYMENTS AND OPERATIONS WITH FOREIGN CURRENCIES. Hal E-Bank version: 16.X.X.01

International Business Price List

Nordea Bank AB Lithuania branch Price List for corporate customers Valid from 1 st of September, Contents

Terms and Conditions for Current Accounts and Demand Deposit Accounts

Transcription:

Use of the International Bank Account Number (IBAN) Guide Personal customer's Netbank, Mobile Bank, payment ATM, Corporate Netbank, Corporate Classic Netbank

Background What will change? Changes to entering payments in online channels and at payment ATMs. The beneficiary's account number must be entered in the IBAN format in all channels. Why will it only be possible to enter the account number in the IBAN format? Why is this change made? The change is part of the implementation of the Single Euro Payments Area (SEPA). A regulation by the European Commission obliges all banks to use only the IBAN in payment transmission. For this reason, Nordea self-service channels will no longer convert an account number entered in the national format to its IBAN equivalent. Who will be affected by the change? The change will affect bill payers who use the self-service channels for bill payment. These channels include personal customer's Netbank, Mobile Bank, Corporate Netbank, Corporate Classic Netbank and payment ATMs.

Personal customer's Netbank

New payment and cross-border payment: beneficiary information, the order of the entry fields has changed Enter the beneficiary's name first Next, enter the beneficiary's account number Also see the instructions New payment Help New cross-border payment Beneficiary's name Beneficiary's IBAN Beneficiary's name Beneficiary's IBAN

Beneficiary's account number Beneficiary's account number has been entered in the national format (e.g. 123456-123) The payment cannot be made in Netbank unless the beneficiary's account number has been entered in the IBAN format. If you enter the beneficiary's account number in the national format, check the corresponding IBAN from the link before proceeding to the confirmation page. Enter or copy the IBAN into the beneficiary's account number field.. 1. Beneficiary's account number in the national format. 2. Click the link. 3. You will see the account number in the IBAN format. 4.Transfer or copy the IBAN.

Beneficiary's account number Beneficiary's account number has been entered in the IBAN format The payment cannot be made in Netbank unless the beneficiary's account number has been entered in the IBAN format. Once the beneficiary's account number has been entered as an IBAN and the payment has been approved, Netbank will automatically save the beneficiary's details in the beneficiary register. Beneficiary's account number must be in the IBAN format

Payment to a beneficiary included in the beneficiary register The 'Beneficiary's details' field has an auto complete function. Netbank will offer the beneficiary's details automatically from the beneficiary register when you start entering text or numbers. Help According to name According to account number

Bill payment ATM

Bill payment ATM A payment cannot be made at a payment ATM unless the beneficiary's account number has been entered in the IBAN format. If you enter the account number in the national format, the payment ATM will not assist you in converting it to the IBAN format. If you do not have the beneficiary's account number in the IBAN format, ask the beneficiary to give it to you. You can use the IBAN calculator on the nordea.fi website to convert any Nordea account number to its IBAN format. IBAN calculator Other banks' IBAN calculators (Federation of Finnish Financial Services)

Corporate Netbanks

Corporate Netbanks: Corporate Netbank and Corporate Classic Netbank A payment cannot be made in Corporate Netbank unless the beneficiary's account number has been entered in the IBAN format. If you enter the account number in the national format, Corporate Netbank will not assist you in converting it to the IBAN format. You can use the IBAN calculator on the nordea.fi website to convert any Nordea account number to its IBAN format. IBAN calculator Other banks' IBAN calculators (Federation of Finnish Financial Services)