A foreign payment is any payment in a foreign currency that is not a SEPA Credit Transfer and meets the following requirements:
payment in foreign currency within the Czech Republic and abroad or payment in Czech koruna abroad
the beneficiary's account number is entered in the international IBAN format, or the local account number format (BBAN) may be used if allowed by the beneficiary's bank
the name of the beneficiary's account is provided
the beneficiary's bank is identified by an international BIC code
bank fees can be charged to the party ordering the payment, the beneficiary or shared as for SEPA Credit Transfers
Any foreign currency conversion is carried out according to the bank's current exchange rate list.
ADVANTAGES OF FOREIGN PAYMENTS
flexibility – payment can be made worldwide
variability – management of bank fees – at the expense of the party ordering the payment, beneficiary or shared charges, i.e.:
SHA fees are paid by each party to its bank
OUR all fees are paid by the sender of the payment
BEN all fees are paid by the beneficiary (outside the EEA only)
FORMS OF FOREIGN PAYMENTS
express payment (coming soon)
payment with no amount limit, credited to the beneficiary no later than the following banking day
if the payment is not covered, the bank waits 5 banking days for the funds
standard payment
payment with no amount limit, credited to the beneficiary usually within two banking days
if the payment is not covered, the bank waits 5 banking days for the funds
standing order (for a fixed/variable amount)
FOREIGN PAYMENTS IN INTERNET AND ELECTRONIC BANKING
Standard foreign payments can be made through the following products:
Online Banking
Smart Banking
BusinessNet Professional
Eltrans 2000 (Gemini 5.0)
MultiCash
EuropeanGate
In addition to Online Banking and Smart Banking, the bank also enables bulk import of payments in all the above-mentioned channels.