Outgoing payments (from 2017-05-01)

* The time by which the Bank shall transfer the payment amount to the recipient's bank or mediator. If it falls on the day which is not the banking day of the recipient's bank or mediator, the payment order may be executed on the next banking day of the recipient's bank or mediator.
** The moment of receipt suspension or later time (according to Latvian time) within the Banking day, by which all incoming payment orders (on outgoing payments) and payment amounts (for incoming payments) shall be considered received on the current Banking day. The payment orders and payments amounts received by the Bank after the specified time shall be considered received on the next Banking day. If such time is not specified, the payment order or payment amount may be transferred to the Bank by the end of the Banking day, i.e., by the moment when the relevant branch or remote access system accepts the relevant type of payments. Payments with an improved FX rate shall be confirmed till 5:30 p.m. If a payment with an improved FX rate is confirmed after 5:30 p.m., the Bank may reject it.
*** The recipient bank SWIFT/ BIC code must be specified in the payment order: AB DNB BANKAS (AGBLLT2), DNB BANK ASA, ESTONIAN BRANCH (RIKOEE22), DNB BANK ASA (DNBANOKK), DNB BANK ASA, AGENCIA EN CHILE (DNBACLRM), DNB BANK ASA, SHANGHAI BRANCH (DNBACNSH), DNB BANK ASA, FILIALE DEUTSCHLAND (DNBADEHX),DNB BANK ASA, FILIAL AF DNB BANK ASA, NORGE (DNBADKKX), DNB BANK ASA, FILIAL FINLAND (DNBAFIHX),DNB BANK ASA, LONDON BRANCH (DNBAGB2L), OAO DNB BANK (DNBARU2M), DNB BANK ASA, FILIAL SVERIGE (DNBASESX), DNB BANK ASA, SINGAPORE BRANCH (DNBASGSG), DNB BANK ASA, NEW YORK BRANCH (DNBAUS33), DNB LUXEMBOURG S.A. (UBNLLULL), DNB NORD BANK POLSKA SA (MHBFPLPW).
**** The fee shall be applicable subject to a respective agreement between the Bank and the Customer.

When identifying an atypical payment through your account its execution may be postponed by two hours, and we will contact you to clarify whether the respective Payment order has been placed by an authorised representative of your company. Immediately after obtaining your confirmation of placement of the Payment order it will be considered received. Should we fail to contact you and/or obtain the confirmation the Payment order shall be considered received and executed after expiry of the above period.

* The time by which the Bank shall transfer the payment amount to the recipient's bank or mediator. If it falls on the day which is not the banking day of the recipient's bank or mediator, the payment order may be executed on the next banking day of the recipient's bank or mediator.
** The moment of receipt suspension or later time (according to Latvian time) within the Banking day, by which all incoming payment orders (on outgoing payments) and payment amounts (for incoming payments) shall be considered received on the current Banking day. The payment orders and payments amounts received by the Bank after the specified time shall be considered received on the next Banking day. If such time is not specified, the payment order or payment amount may be transferred to the Bank by the end of the Banking day, i.e., by the moment when the relevant branch or remote access system accepts the relevant type of payments. Payments with an improved FX rate shall be confirmed till 5:30 p.m. If a payment with an improved FX rate is confirmed after 5:30 p.m., the Bank may reject it.
*** Shared (SHA) - the Customer as the remitter shall pay the fee set by the Bank (separately from the payment amount), whereas the recipient shall pay the fees set by other banks involved in the execution of payment and such fees may be withheld from the payment amount prior to crediting to the recipient's account. If the payment is to be executed within Europe in European currencies, the recipient shall receive the payment amount in full, except if the recipient's bank has agreed with the recipient that the fee shall be withheld from the incoming amount.
**** Remitter (OUR) – the Customer as the remitter shall pay the fee set by the Bank and such fee shall cover the fees set by all other banks involved in the process of execution of payment. However, the Bank shall not be held liable if during the process of execution of payment no fees of other banks are withheld or the recipient does not receive the payment amount in full due to other reasons beyond the Bank's control.
***** Member states of the European Economic Zone, Switzerland, Monaco.
****** In the payment order the following must be specified: the recipient's IBAN account number without spaces and the type of fee Shared (SHA), whereas for the ayment outside the Republic of Latvia - the recipient bank SWIFT/BIC code. If the payment order lacks any of the compulsory requisites specified herein, the Bank shall apply the fee set for the relevant type of payment outside Europe.
******** SEPA payment – payment within Europe or Single Euro Payment Area in EUR currency. In the payment order for performance of such payment the following must be specified: the recipient's IBAN account number without spaces, the recipient bank SWIFT/BIC code, the type of fee - Shared (SHA) and the mode of execution: Standard. Upon the Customer's choice the payment order may include the following optional requisites: identifier assigned by the remitter and payment identifier assigned by the recipient. If the payment order lacks any of the compulsory requisites specified herein, the Bank shall apply the fee set for the relevant type of payment outside Europe.

When identifying an atypical payment through your account its execution may be postponed by two hours, and we will contact you to clarify whether the respective Payment order has been placed by an authorised representative of your company. Immediately after obtaining your confirmation of placement of the Payment order it will be considered received. Should we fail to contact you and/or obtain the confirmation the Payment order shall be considered received and executed after expiry of the above period.

* The time by which the Bank shall transfer the payment amount to the recipient's bank or mediator. If it falls on the day which is not the banking day of the recipient's bank or mediator, the payment order may be executed on the next banking day of the recipient's bank or mediator.
** The moment of receipt suspension or later time (according to Latvian time) within the Banking day, by which all incoming payment orders (on outgoing payments) and payment amounts (for incoming payments) shall be considered received on the current Banking day. The payment orders and payments amounts received by the Bank after the specified time shall be considered received on the next Banking day. If such time is not specified, the payment order or payment amount may be transferred to the Bank by the end of the Banking day, i.e., by the moment when the relevant branch or remote access system accepts the relevant type of payments. Payments with an improved FX rate shall be confirmed till 5:30 p.m. If a payment with an improved FX rate is confirmed after 5:30 p.m., the Bank may reject it.
*** Shared (SHA) - the Customer as the remitter shall pay the fee set by the Bank (separately from the payment amount), whereas the recipient shall pay the fees set by other banks involved in the execution of payment and such fees may be withheld from the payment amount prior to crediting to the recipient's account. If the payment is to be executed within Europe in European currencies, the recipient shall receive the payment amount in full, except if the recipient's bank has agreed with the recipient that the fee shall be withheld from the incoming amount.
**** Remitter (OUR) – the Customer as the remitter shall pay the fee set by the Bank and such fee shall cover the fees set by all other banks involved in the process of execution of payment. However, the Bank shall not be held liable if during the process of execution of payment no fees of other banks are withheld or the recipient does not receive the payment amount in full due to other reasons beyond the Bank's control.
***** Member states of the European Economic Zone, Switzerland, Monaco.
****** In the payment order the following must be specified: the recipient's IBAN account number without spaces and the type of fee Shared (SHA), whereas for the ayment outside the Republic of Latvia - the recipient bank SWIFT/BIC code. If the payment order lacks any of the compulsory requisites specified herein, the Bank shall apply the fee set for the relevant type of payment outside Europe.
******* SEPA payment – payment within Europe or Single Euro Payment Area in EUR currency. In the payment order for performance of such payment the following must be specified: the recipient's IBAN account number without spaces, the recipient bank SWIFT/BIC code, the type of fee - Shared (SHA) and the mode of execution: Standard. Upon the Customer's choice the payment order may include the following optional requisites: identifier assigned by the remitter and payment identifier assigned by the recipient. If the payment order lacks any of the compulsory requisites specified herein, the Bank shall apply the fee set for the relevant type of payment outside Europe.

When identifying an atypical payment through your account its execution may be postponed by two hours, and we will contact you to clarify whether the respective Payment order has been placed by an authorised representative of your company. Immediately after obtaining your confirmation of placement of the Payment order it will be considered received. Should we fail to contact you and/or obtain the confirmation the Payment order shall be considered received and executed after expiry of the above period.

* The time by which the Bank shall transfer the payment amount to the recipient's bank or mediator. If it falls on the day which is not the banking day of the recipient's bank or mediator, the payment order may be executed on the next banking day of the recipient's bank or mediator.
** The moment of receipt suspension or later time (according to Latvian time) within the Banking day, by which all incoming payment orders (on outgoing payments) and payment amounts (for incoming payments) shall be considered received on the current Banking day. The payment orders and payments amounts received by the Bank after the specified time shall be considered received on the next Banking day. If such time is not specified, the payment order or payment amount may be transferred to the Bank by the end of the Banking day, i.e., by the moment when the relevant branch or remote access system accepts the relevant type of payments. Payments with an improved FX rate shall be confirmed till 5:30 p.m. If a payment with an improved FX rate is confirmed after 5:30 p.m., the Bank may reject it.
*** Shared (SHA) - the Customer as the remitter shall pay the fee set by the Bank (separately from the payment amount), whereas the recipient shall pay the fees set by other banks involved in the execution of payment and such fees may be withheld from the payment amount prior to crediting to the recipient's account. If the payment is to be executed within Europe in European currencies, the recipient shall receive the payment amount in full, except if the recipient's bank has agreed with the recipient that the fee shall be withheld from the incoming amount.
**** Remitter (OUR) – the Customer as the remitter shall pay the fee set by the Bank and such fee shall cover the fees set by all other banks involved in the process of execution of payment. However, the Bank shall not be held liable if during the process of execution of payment no fees of other banks are withheld or the recipient does not receive the payment amount in full due to other reasons beyond the Bank's control.

When identifying an atypical payment through your account its execution may be postponed by two hours, and we will contact you to clarify whether the respective Payment order has been placed by an authorised representative of your company. Immediately after obtaining your confirmation of placement of the Payment order it will be considered received. Should we fail to contact you and/or obtain the confirmation the Payment order shall be considered received and executed after expiry of the above period.

CNY exchange rate to be requested before 10.30 a.m.
* The time by which the Bank shall transfer the payment amount to the recipient's bank or mediator. If it falls on the day which is not the banking day of the recipient's bank or mediator, the payment order may be executed on the next banking day of the recipient's bank or mediator.
** The moment of receipt suspension or later time (according to Latvian time) within the Banking day, by which all incoming payment orders (on outgoing payments) and payment amounts (for incoming payments) shall be considered received on the current Banking day. The payment orders and payments amounts received by the Bank after the specified time shall be considered received on the next Banking day. If such time is not specified, the payment order or payment amount may be transferred to the Bank by the end of the Banking day, i.e., by the moment when the relevant branch or remote access system accepts the relevant type of payments. Payments with an improved FX rate shall be confirmed till 5:30 p.m. If a payment with an improved FX rate is confirmed after 5:30 p.m., the Bank may reject it.
*** Shared (SHA) - the Customer as the remitter shall pay the fee set by the Bank (separately from the payment amount), whereas the recipient shall pay the fees set by other banks involved in the execution of payment and such fees may be withheld from the payment amount prior to crediting to the recipient's account. If the payment is to be executed within Europe in European currencies, the recipient shall receive the payment amount in full, except if the recipient's bank has agreed with the recipient that the fee shall be withheld from the incoming amount.
**** Remitter (OUR) – the Customer as the remitter shall pay the fee set by the Bank and such fee shall cover the fees set by all other banks involved in the process of execution of payment. However, the Bank shall not be held liable if during the process of execution of payment no fees of other banks are withheld or the recipient does not receive the payment amount in full due to other reasons beyond the Bank's control.

* The time by which the Bank shall transfer the payment amount to the recipient's bank or mediator. If it falls on the day which is not the banking day of the recipient's bank or mediator, the payment order may be executed on the next banking day of the recipient's bank or mediator.
** The moment of receipt suspension or later time (according to Latvian time) within the Banking day, by which all incoming payment orders (on outgoing payments) and payment amounts (for incoming payments) shall be considered received on the current Banking day. The payment orders and payments amounts received by the Bank after the specified time shall be considered received on the next Banking day. If such time is not specified, the payment order or payment amount may be transferred to the Bank by the end of the Banking day, i.e., by the moment when the relevant branch or remote access system accepts the relevant type of payments. Payments with an improved FX rate shall be confirmed till 5:30 p.m. If a payment with an improved FX rate is confirmed after 5:30 p.m., the Bank may reject it.
*** Shared (SHA) - the Customer as the remitter shall pay the fee set by the Bank (separately from the payment amount), whereas the recipient shall pay the fees set by other banks involved in the execution of payment and such fees may be withheld from the payment amount prior to crediting to the recipient's account. If the payment is to be executed within Europe in European currencies, the recipient shall receive the payment amount in full, except if the recipient's bank has agreed with the recipient that the fee shall be withheld from the incoming amount.
**** Remitter (OUR) – the Customer as the remitter shall pay the fee set by the Bank and such fee shall cover the fees set by all other banks involved in the process of execution of payment. However, the Bank shall not be held liable if during the process of execution of payment no fees of other banks are withheld or the recipient does not receive the payment amount in full due to other reasons beyond the Bank's control.

When identifying an atypical payment through your account its execution may be postponed by two hours, and we will contact you to clarify whether the respective Payment order has been placed by an authorised representative of your company. Immediately after obtaining your confirmation of placement of the Payment order it will be considered received. Should we fail to contact you and/or obtain the confirmation the Payment order shall be considered received and executed after expiry of the above period.