SATABANK Payment Cut-off times
Effective from September 12, 2016
The cut-off time is the latest time for submitting a payment order so that the transfer can be executed on time with the value
date indicated.
The times given apply to orders that are issued via SATA Direct (internet banking). Paper payment orders must be submitted
one hours earlier before the cut-off deadline.
Orders can only be carried out on time if, among other things, payment instructions are complete and accurate and the
relevant amount of funds is available in the account to be debited.
Currency
ISO currency code
Cut-off time
Value date
Euro
EUR
15:00
Same day
British Pound
GBP
14:00
Same day
Dollar
USD
15:00
D+1
Swiss Franc
CHF
10:30
Same day
Bulgarian Lev
BGN
14:00
Same day
Polish Zloty
PLN
13:00
Same day
Japanese Yen
JPY
15:00
D+1
Turkish lira
TRY
14:00
D+1
Romanian leu
RON
13:00
Same day
Croatian kuna
HRK
14:00
Same day
Note:
- Instructions received on non-business days (weekend, bank holidays, etc.) will be processed the next working day.
- Cut-off times are based on delivery of payment in STP format
- Cut-off times are CET/CEST time-zone based
- The Internal transfers are instant
- Transfer with future execution date could be cancelled at latest till the end of the working day before the execution date
Correspondent banks
For incoming transfers from abroad, the deduction of charges and transfer times can be optimized if your counterparties routes
them via the correspondent bank listed below.
SATABANK generally routes its outgoing transfers via the correspondent banks listed below, without issuing any special
instructions to this effect.
Bank name
SWIFT/BIC
Currency
DEUTSCHE BANK AG
DEUTDEFF
EUR, GBP, CHF
INCORE BANK AG
INCOCHZZXXX
CHF, USD
Satabank P.L.C.
Aragon House - Business Center,
Dragonara Road,
St Julians STJ 3140, Malta,
SWIFT Code: STBAMTMT
t: +356 2247 7900
f: +356 2247 7922
e: [email protected]
www.sata.bank
Satabank PLC company registration number C66993 is credit institution
licensed by the Malta Financial Services Authority under the Banking Act
(1994)
UBS AG
UBSWCHZH80A
CHF
NOVO BANKO S.A.
BESCPTPL
USD
UNICREDIT BULBANK AD
UNCRBGSF
BGN
BANK PEKAO S.A.
PKOPPLPW
PLN
YAPI VE KREDI BANKASI A.S.
YAPITRIS
TRY
MIZUHO BANK LTD
MHCBJPJT
JPY
ZAGREBACHKA BANKA DD
ZABAHR2XXXX
HRK
BANCA COMERCIALА FEROVIARA S.A.
BFERROBU
RON
BANCA POPOLARE DI SONDRIO
POSOIT22XXX
USD, EUR
* Subject to change
Satabank P.L.C.
Aragon House - Business Center,
Dragonara Road,
St Julians STJ 3140, Malta,
SWIFT Code: STBAMTMT
t: +356 2247 7900
f: +356 2247 7922
e: [email protected]
www.sata.bank
Satabank PLC company registration number C66993 is credit institution
licensed by the Malta Financial Services Authority under the Banking Act
(1994)