SEPA payment

is an International Bank Account Number, containing up to 34 alphanumeric characters. Every country has an individual number of characters in IBAN; IBAN in the SR has 24 characters.

Example:

is a Bank Identifier Code, containing 8 or 11 alphanumeric characters.

Example:

uniquely identifies the payment and must be delivered to the beneficiary unchanged.

Payment symbols (variable, specific, and constant) are transferred in the payment in the End to End Reference field pursuant to the agreed rules (SK Convention).

Example of an End to End Reference containing all of the symbols:

“/VS1234567890/SS1234567890/KS1234” 

Example of an End to End Reference if the SS (specific symbol) and KS (constant symbol) have not been provided:

“/VS1234567890/SS/KS”

is additional payment information delivered by the bank to the beneficiary.

contains detailed information on the processing of SEPA Credit Transfers via electronic banking.

• SEPA Payments Manual in Slovak
• SEPA Payments Manual in English

• Payment Services Cut-off time

• payment currency: EUR
• maximum payment amount: outgoing 50 000 EUR, incoming 100 000 EUR
• beneficiary bank: all eurozone banks and other local currency banks only those that sign up for the SEPA Instant Credit Transfer scheme
• payer's bank: only those banks that sign up for the SEPA Instant Credit Transfer scheme
• payment entry: individually via the BusinessNet / Business Smart Banking screen, it is not possible to import Instant Payments in bulk in batch files (pain.001) 

• Instant payment on weekends and holidays
  Instant payment is posted in the same way as on banking days. The payer's account has a reduced available balance after receiving the payment order and the recipient's account has an immediately increased available balance. The difference is in the account statement where the client sees the posting of an instant payment on non-working days on the statement of the next working day with a back value date.     
• Insufficient funds in the payment account
  An instant payment cannot be made at any time other than immediately after receiving the payment order, therefore, unlike a classic SEPA payment, it is not possible to wait for the necessary funds to be added to the account. The immediate payment order must be re-entered or the payment type must be changed to SEPA payment.
• Cancellation or recall of a payment order for instant payment is not possible
  Requesting a refund for an instant payment is possible in the same way as in the case of a classic SEPA payment.