Appendix No.1

In force from 18.09.2023.

Explanations regarding the time of execution of payment orders, depending on the time of submission and the order execution priority level chosen by the Customer.

The Bank executes the Customer's payment order with a value date that depends on the payment execution priority level indicated in the Customer's payment order (Standard, Urgent, Express), taking into consideration the time for submission of payment orders, as specified by the Bank.  The value date may be postponed to the latest date, due to non-business days of the Bank or non-working days of the clearing system of the relevant currency.

Currency of the payment	Type of operation	Priority of the payment order	Cut-off time for submitting a payment order in a certain currency to the Bank in the date D1	Value date1
EUR	Domestic transfer	Standard	13:00	D
EUR	Domestic transfer	Standard	16:002	D
EUR	Domestic transfer	Express	16:00	D (in one hour)
EUR	SEPA transfer	Standard	13:00	D
EUR	International transfer	Standard	17:00	D + 1
EUR	International transfer	Urgent	15:00	D
EUR	International transfer	Express	15:00	D (in two hours)
USD3		Standard	17:00	D + 2
CNY		Standard	17:00	D + 3
PLN, JPY, KZT, GBP		Standard	17:00	D + 2
RUB		Standard	17:00	D + 1

 

¹ D – the date when the Customer has submitted the payment order to the Bank.
²  If the money is being transferred to a bank that is a member of the electronic clearing system of the Bank of Latvia (List of participants).
³ Upon the customer's request, the Bank may execute a USD payment order faster, applying accordingly an individual fee.