Deadlines for execution of payments during holidays

21.12.2015

Due to holidays on 23 ja 31 December, payments in Tallinn Business Bank will be implemented as follows:

 

Outgoing international payments, including urgent and express payments, will be executed on the same business day, if the payment order has reached the bank before 13:00. Payments, which have reached the bank afret 13:00, will be executed on the next business day.

 

Incoming international payments, which have reached the bank before 14:00, will be credited on clients accounts on the same business day. Payments, which have reached the bank afret 14:00, will be credited on clients accounts on the next business day.

 

Outgoing SEPA payments, which have reached the bank before 13:00, will be executed and sent to the beneficiary’s bank on the same business day. Outgoing SEPA payments, which have reached the bank after 13:00, will be executed and sent to the beneficiary’s bank on the next business day.

 

Incoming SEPA payments, which have reached the bank before 13:00, will be credited on clients accounts on the same business day. Incoming SEPA payments, which have reached the bank afret 13:00, will be credited on clients accounts on the next business day.

 

24, 25 December and 1 January are public holidays when no interbank payments will be executed. Payments that reach the bank on public holidays will be sent to the beneficiary’s bank on the next business day.


 

Non-cash currency exchange transactions will be executed as follows:

 

- until 13.00 on 23 December

- until 12.00 on 31 December


 

The Russian rouble (RUB) cannot be exchanged and no payments can be executed from 31 December to 10 January 2016 due to public holidays in Russia. Chinese yuan (CNY) and Japanese yen (JPY) cannot also be excanged and no payments can be executed in CNY and JPY from 1 January to 10 January 2016.