Valid form 1st August, 2018.
SHA - the bank fees are paid both by the payer and the payee, i.e. the payer shall pay only AB Citadele bankas established fees, whereas any additional fees set by the foreign bank shall be covered by the payee.
BEN - all bank fees are paid by the payee, i.e. AB Citadele bankas fees and any additional fees charged by a foreign bank, which are deducted from the amount of transfer, shall be paid by the payee. AB Citadele bankas will deduct from the amount of transfer AB Citadele bankas established fees.*
OUR - all bank fees are paid by the payer, i.e. AB Citadele bankas fees and any additional fees charged by a foreign bank will covered by the payer. In this case, the payee receives the entire amount of the transfer (charges of other banks may be deducted from the amount transferred, if the international payment is processed in US dollars). AB Citadele bankas reserves the right to charge additional fees for OUR payment order.
Payment orders to the European Union (EU) member states, Norway, Iceland and Lichtenstein (EEA) in any currency of these countries will be executed if the bank charges are paid by the payer and the payee (SHA).
Payment orders to the EU and EEA countries in any currency of these countries if the bank charges are paid only by the payee (BEN) or only by the payer (OUR) are not executed.
Payment orders in RUB there shall be paid the fees under OUR option, i.e. all bank fees are paid by the payer.
* If under the procedures established by the foreign banks the fee for execution of the funds transfer cannot be debited from the payee‘s bank account, the said fee is to be covered by the payer.
1 Individual approach for USD, CNY payments will be applied. If you have any questions, please contact your customer relationship manager directly or our Call Center 19091.
2 Payment is only available for private persons, or for legal persons who are registered in Estonia or Latvia from April 4, 2018. It can be other limitations in payments execution.
3 Payments are not available in CZK, HKD and ZAR. Valid from May 1, 2018.
4 Funds in GBP from the bank’s correspondent account are debited within one banking day. Valid from May 1, 2018.
5 Urgent payments in GBP are not available. Valid from May 1, 2018.
6 Payments in other currencies (except EUR, RUB, CHF) are available only for private persons or legal persons, registered in Estonia or Latvia from April 20, 2018.