Bank Austria acceptance deadlines for electronically delivered SEPA, domestic and foreign payments from corporate customers
Payment orders (files) from corporate customers - corporate customers with a Current Account for Companies or Foreign currency corporate account - if delivered electronically using BusinessLine, BusinessNet and EBICS, are processed in line with the following acceptance deadlines:
| Delivery | Latest acceptance time | |
|---|---|---|
| SEPA Credit Transfer | ||
| Electronic delivery | requested processing date | 16:00 (4:00 pm) |
| SEPA Direct Debit submissions | ||
| SDD SEPA Direct Debit (First, One Off, Recurrent, Final) | Two business days before the requested due date (DueDate) | 16:00 (4:00 pm) |
| SDD SEPA Direct Debit B2B (First, Recurrent, One Off, Final) | Two business days before the requested due date (DueDate) | 16:00 (4:00 pm) |
| Euro Express Payment | ||
| Electronically delivered Euro Express Payment *) | requested processing date | 16:00 (4:00 pm) |
| Euro Express Payment delivered on paper **) | requested processing date | 15:00 (3:00 pm) |
| Foreign Payment transactions | ||
| Without FX currency conversion (debited in the same currency) | ||
| Standard electronic credit transfer | requested processing date | 14:00 (2:00 pm) |
| Urgent electronic credit transfer | requested processing date | 15:00 (3:00 pm) |
| With FX conversion (currency debited in other currency) | ||
| Electronic credit transfer | requested processing date | 10:30 (10:30 am) |
Payment orders that are received electronically in Bank Austria by the specified acceptance date and time are processed on the desired processing/due date. Payment orders that are received by the bank after the specified acceptance deadline, will still be processed whenever possible ("best effort") on the date of submission, otherwise they will be treated as if they had been received by the bank on the following business day. (Exceptions are possible for orders with same day value dates).
Terms and conditions for the above acceptance deadlines for business customers
- These acceptance deadlines apply to the BusinessLine, BusinessNet and EBICS delivery channels. For other channels, please contact your relationship manager.
- The delivered payment order must be able to be executed automatically without any manual processing steps.
- Sufficient account balance or disposable funds are available.
*) valid with SDVA file delivery using XML (Rulebook 4.0 and higher)
**) orders placed in person at a counter or within a branch
