Our service in Cross Border Payments
Information on our Cut-Off-Times
Cross Border Payments
Status 04/2012
Our service times
Delivery without electronic signature
The following service times apply for your standard
payment orders:
If your paperless payment orders are delivered without
electronic signature the following cut-off times shall
apply:
EUR/EUR1)
FX/FX2)
FX/EUR3)
Euro Express Transfer
4.30 p. m.
4.30 p. m.
2.30 p. m.
3.30 p. m.
What requirements have to be fulfilled?
You deliver your paperless transfer orders to us with
your electronic signature. We effect payment on the
same day for all orders delivered by the above deadlines.
EUR/EUR1)
FX/FX2)
FX/EUR3) (conversion)
Euro Express Transfer
2.00 p. m.
2.00 p. m.
12.00 p. m.
not possible
How does the conversion of foreign currencies
work?
Service times for same day value payments must be
agreed separately.
The price fixing unsually takes place two times a day.
Each payment order is settled on the basis of the rate
of the next possible settlement date. Orders received
before 11.30 a. m. are processed normally with the
HVB 1.00 p. m. reference rate, orders received between
11.30 a. m. and 2.30 p. m. with the HVB 5.00 p. m. reference rate and orders received after 2.30 p. m. with
the HVB 1.00 p. m. reference rate of the following
business day.
Please use one of our electronic banking products, HVB
eFIN or HVB globalTRX.
The exchange rates used for standard transfers are
published on all working days at:
What are the advantages of our service times?
http://www.hypovereinsbank.de/referenzkurse
Payment orders received after the times given above
will be processed on a best effort basis. If you wish
execution on a set date please specify in the respective input field.
 You have more time for your daily operations.
 We can execute your payments with currency
conversion up to four hours longer every day.
 As incoming payments can also be posted for a
longer period on the same day, your liquidity is
increased.
Actual HVB reference rate 1.00 p. m. and 5.00 p. m.
Payment orders subject to conversion are valued on a
single transaction basis. If value dates deviate from
the norm, price markdowns or markups are effected.
Thus different rates may apply, depending on the
value date. The deviations are based on the interest
differential between the traded currency and the Euro.
Info service for incoming payments
UniCredit Bank AG
Global Transaction Banking
80311 Munich
www.hvb.de
Upon request we can inform you of incoming
payments immediately after receipt by e-mail.
1)
Euro debiting Euro account
Foreign currency debiting foreing currency account
3)
Foreign currency debiting Euro account (convertion)
2)
Disclaimer
The products and services featured above are offered by a network of banks and representative offices of UniCredit S.p.A. or its affiliates (the “UniCredit Group”) in accordance
with appropriate local legislation and regulation. UniCredit Corporate & Investment Banking is a trademark of UniCredit S.p.A.
Nothing in this publication is intended to create contractual obligations on any of the entities composing Corporate & Investment Banking Area of UniCredit Group which is
composed of (the respective Units of) UniCredit Bank AG, Munich, UniCredit Bank Austria AG, Vienna, and UniCredit S.p.A., Rome.
UniCredit Bank AG is regulated by the German Financial Supervisory Authority (BaFin), UniCredit Bank Austria AG is regulated by the Austrian Financial Market Authority (FMA)
and UniCredit S.p.A. is regulated by both the Banca d’Italia and the Commissione Nazionale per le Società e la Borsa (Consob).