News Deadlines for execution of payments during holidays

Deadlines for execution of payments during holidays

13.12.2013

Due to the forthcoming holidays, domestic and international settlement services in Danske Bank will be provided as follows on 23 and 31 December:

International payments will be accepted for execution on the same business day if the payment order reaches the bank:
- before 17:00 on 23 December or before 15:00 if the payment order is for an urgent or extra urgent payment, or before 16:00 if the payment order is for an intragroup payment (i.e. the times of execution of payments on an ordinary working day apply).
- before 14:00 on 31 December or before 12:00 if the payment order is for an urgent or extra urgent payment, or before 13:00 if the payment order is for an intragroup payment.

Depending on the type of international payment, the value date of the payment will be determined as follows:
- extra urgent and intragroup payment order: 23.12.2013/31.12.2013
- urgent and EU payment order: 27.12.13/2.01.14
- ordinary payment: 30.12.2013/3.01.14.

Domestic payments will be accepted for execution and forwarded to the beneficiary’s bank on the same banking day if the payment order reaches the Bank before 17:00 on the settlement day.

24, 25 & 26 December and 1 January are public holidays when no interbank payments will be executed. Payments that reach the bank on public holidays will be forwarded to the beneficiary’s bank on the business day that immediately follows the public holiday.

Non-cash currency exchange transactions will be executed as follows during the holidays:
- until 17:00 on 23 December
- until 14:00 on 31 December

The Russian rouble (RUB) cannot be exchanged from 1 January 2014 to 8 January 2014 due to public holidays in Russia.

Happy holidays!