Order submission (cut-off) times
Transaction type | Orders submitted to a branch/outlet of the Bank |
Orders submitted via electronic channel |
---|---|---|
Standard domestic (local) transfers | 2:00 pm | 5:30 pm |
Sorbnet domestic (local) transfers | 2:00 pm | 3:00 pm |
International transfers - executed as standard orders (execution time: within 2 business days from the order submission date) |
1:00 pm | 5:00 pm |
International transfers in EU currencies - within the EU (execution time: within 1 business day from the order submission date) |
1:00 pm | 1:00 pm |
SEPA transfers (execution time: within 1 business day from the order submission date) |
1:00 pm | 3:00 pm |
An order submitted after the applicable cut-off time is considered received on the next business day.
International transfers are executed, as standard, with a 2-day value date, i.e. the beneficiary’s account is credited after 2 business days from the order submission date. The exception are international transfers in EU and EEA currencies, which are regulated by the Payment Services Act. Such payments are executed with a 1-day value date (i.e. executed within one business day from the order submission date).
An international transfer may be executed as an urgent payment (executed within one business day from the order submission date) or as an express payment (current day as value date) if the appropriate value date is specified on the payment order and the order is delivered to the Bank before the cut-off time applicable to a given currency.
The standard order submission (cut-off) times are shown above. For all details about a selected currency and the available options to execute urgent or express transfers please contact a CitiService Relationship Manager.
Outgoing sessions for ELIXIR transfers: | |
---|---|
I session | 08:30 |
II session | 12:30 |
III session | 15:00 |
SORBNET | 15:00 |
Internal transfers | 17:30 |
Incoming sessions for ELIXIR transfers | |
---|---|
I session (usually appears on the account) | around 10:30 am |
II session (usually appears on the account) | around 14:30 pm |
III session (usually appears on the account) | around 17:00 pm |
SORBNET (incoming transfers appears on the account) | max till 16:00 pm |
Import transfers (ordered, outgoing) - realization of transfer based on available funds on client's account | ||
---|---|---|
Currency | COT VD0 | COT VD1, VD2 |
SEPA (EUR) | 15:00 | VD1 17:00 |
USD | 15:00 | 17:00 |
EUR | 15:00 | 17:00 |
GBP | 12:30 | 17:00 |
CHF | 12:00 | 14:30 |
SEK | 10:15 | 14:30 |
DKK | 12:30 | 14:30 |
NOK | 12:30 | 14:30 |
AUD | we do not realize with VD0 | 14:30 |
JPY | we do not realize with VD0 | VD1 12:45 VD2 14:30 |
CAD | 12:30 | 14:30 |
KZT | we do not realize with VD0 | VD1 12:45 VD2 14:30 |
CNY | we do not realize with VD0 | VD1 12:45 14:30 |
HRK | 11:00 | 14:30 |
CZK | 10:00 | 14:30 |
HUF | 12:30 | 14:30 |
ZAR | 12:00 | 14:30 |
RUB | 10:20 | 14:30 |
RON | 10:00 | 14:30 |
TRY | 10:00 | 14:30 |
BGN | 12:45 | 14:30 |
PLN | 13:00 | 14:30 |