08804411) is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Firm Reference 900562).
Raiffeisenbank a.s.If you would like to find out more about which Revolut entity you receive services from, or if you have any other questions, please reach out to us via the in-app chat in the Revolut app. The name under which the account is maintained by Raiffeisenbank The condition for crediting a payment to your account is that your business partner enters the correct bank details thus, an incoming payment order from abroad must contain the following information: These fee is newly same as for standard foreign payments according to the valid price list of the relevant price program.Īll incoming foreign payments received within the cut-off times for the processing of foreign payments are credited on the day when the payment is received (i.e. For a further 11 months, an agreement on a transitional period for membership of the European Economic Area (EEA) was in force.Īs of 1st January 2021, the United Kingdom is no longer a member of the EEA and is not subject of REGULATION (EU) 2019/518 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL, which regulates cross-border payment charges in EUR within the EEA.Īs a result, there has been a change in the fees for foreign payments from / to the United Kingdom in EUR.
The United Kingdom has left the European Union on 1st February 2020. Detailed information, input method and codelist are available here.įrom Januall outgoing payments to Israel must include a valid IBAN account format of the beneficiary.Missing IBAN account format of the beneficiary can lead in an extension of the deadline for crediting of payment to the beneficiary or non-execution and return of the payment, which can result in posting of additional charges of payee’s and payer’s banks.
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Detailed information, input method and code list are available here.įrom all Outgoing Payments to Bahrain must include the purpose code of the payment. If failing to enter this information, you may be charged for additional expenses associated with finding and completing the required data for smooth processing of your payment.įrom Septemall Outgoing Payments to the United Arab Emirates must include the purpose code of the payment. The condition for realization of a payment is that you complete all the prescribed fields of the payment order Foreign Payment Order and that your account shows sufficient funds.įor cross-border payments made within the Member States of the European Union and the European Economic Area, you must enter the BIC of the beneficiary's bank and the beneficiary's account number in the IBAN format. The mandatory requisites of a payment order as well as other conditions applicable to outgoing foreign payments are stated in the Technical Conditions for Payments. Also, you may send a foreign payment in person at any branch office of our bank. The order for placing a foreign payment is automatically activated in the menu of your account when opened. Also, payments in Czech crowns to or from foreign countries are considered foreign payments. In foreign payments, we offer processing of incoming and outgoing payments in foreign currencies to or from foreign countries and within the Czech Republic. Intelligent savings - the service lets you pre-set an amount to keep in your account and automatically transfer all funds in excess of such amount to your savings account.Express domestic interbank payment - funds are transferred to the credit of the beneficiary's current account the same day when the payer's account is debited.SIPO - mandate given to the Czech Post (Česká pošta, s.p.) to collect monthly SIPO bulk payments (residents' payments) from your current account.
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