Domestic payment operations
UniCredit Bank prides itself on speed and reliability in executing payments. Payment orders are executed without delay and incoming payments are credited to the beneficiary's account as soon as UniCredit Bank receives instructions to process such payment. When processing payments, the Bank respects the Payment Deadlines. You can conveniently execute domestic payments through eBanking products offered by our bank.
Domestic payment is a noncash transfer in Czech crowns between accounts maintained in CZK within the Czech Republic.
Standard Foreign Payment
A Standard Foreign Payment is a non-cash transfer of any currency (incl. EUR) to countries outside the European Economic Area (EEA) or transfer of any currency in EEA countries where SEPA Credit Transfers cannot be used. Transfers are arranged through a wide network of correspondent banks.
SEPA Credit Transfer
A SEPA Credit Transfer is a transfer of EUR currency within the SEPA area. The name SEPA comes from the English term Single Euro Payment Area. SEPA is a single area for payments in EUR within the European Economic Area (EEA), making it possible to send payments in EUR not only within the European Union, but also to Switzerland, Norway, Liechtenstein, Monaco, Vatican City or Iceland. These countries are State parties to the EEA Agreement.
A SEPA Credit Transfer has its own defined requirements and is only executed between banks that have agreed to the terms and conditions for processing SEPA Credit Transfers, which is currently the vast majority of European banks.
SEPA Direct Debit
SEPA Direct Debit is a non-cash payment in EUR currency within the SEPA area, initiated electronically by the beneficiary based on a prior agreement with the payer (the so-called Mandate). The requirements, including the type of SEPA Direct Debit used, are part of the agreement. SEPA Direct Debit has precisely defined requirements and is only carried out between banks supporting:
The name SEPA comes from the English term Single Euro Payment Area. SEPA is a single area for payments in EUR within the European Economic Area (EEA), making it possible to send payments in EUR not only within the European Union, but also to Switzerland, Norway, Liechtenstein, Monaco, Vatican City or Iceland. These countries are State parties to the EEA Agreement. Direct debits are most commonly used for recurring payments with a fixed or variable amount, but can be used for one-off direct debits.
