News Deadlines for Execution of Payments during Easter Holidays

Deadlines for Execution of Payments during Easter Holidays

27.03.2015

Danske Bank processes domestic and international payments during the Easter holidays as follows:

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 16:30 on 2 April.

3 April is a public holiday and no international payments are processed.

6 April is a business day in Estonia, but as it’s Easter Monday, both of the pan-European clearing systems TARGET2 and EBA STEP2 are closed. Interbank payments are therefore sent to the beneficiary’s bank on 7 April. Intrabank payments are executed until 21:00 on all calendar days.

International payments will be accepted for execution at usual times.

They will be accepted on the same business day if the payment order reaches the bank:
before 17:00 on 2 April; before 15:00 for EU, urgent and extra urgent payments; and before 16:00 for intragroup payments.

As 3 and 6 April are public holidays in many European countries, then no payments to these countries will be executed.

Depending on the type of international payment, the value dates of these payments in euros are determined as follows:
- extra urgent payment order and intragroup payment – 2 April 2015
- urgent and EU-payment order – 7 April 2015
- ordinary payment – 8 April 2015

3 April is a public holiday and no international payments will be executed.

International payments in euros will not be made on 6 April, as the pan-European clearing systems TARGET2 and EBA STEP2 will be closed.

Happy holidays!