CitiService

Order submission (cut-off) times

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.

Cut off Times for domestic outgoing payments in PLN
Outgoing sessions for ELIXIR transfers:
I session 08:30
II session 12:30
III session 15:00
SORBNET 15:00
Internal transfers 17:30
Cut off Times for domestic incoming payments to Citibank in PLN
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
Cut off Times for import (outgoing) transfers in foreign currency
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
Cut off Times for export (incoming) transfers in foreign currency
Export transfer (received, incoming) - realization in the current working day
based on the confirmation that funds were received Nostro account:
Currency USD, EUR, CHF, HUF, NOK, RON, CZK 15:30
Currency GBP 14:00
Currency RUB, SEK, DKK 10:20
Currency HRK 12:20
Currency CAD 15:00
Currency USD, EUR meet criteria STP 16:30
The rest of currencies 13:00