International payments

An international payment is an order to pay a specified amount of money to an indicated beneficiary:

• a so-called instruction to transfer funds abroad addressed to a foreign bank/ an import payment order / an outgoing payment addressed to a domestic bank or
  
• a so-called instruction to transfer funds from abroad received from a foreign bank/ an export payment order / an incoming payment order.

The currency of an international payment addressed to/ received from a foreign bank can be either the domestic currency or a foreign currency whereas with payments to another domestic bank – it is a foreign currency.

The types of international payments offered by Nordea Bank Polska S.A.:

1. regarding the meeting of specified conditions by the beneficiary:
   • unconditional – the beneficiary is not bound to meet any specified conditions;
   • conditional – the beneficiary is bound to meet some specified conditions.
2. regarding the type of payment: # Ordinary Payment - a so-called standard payment;
   • Nordea Payment (NP) – when the ordering customer’s and the beneficiary’s accounts are maintained with banks from the Nordea Group;
   • Nordea Private Transfer (NPT) – when the ordering customer and the beneficiary are the same person whose accounts are maintained with banks from the Nordea Group.
3. regarding the type of priority applied to an outgoing payment order (cf.: “Cut-off times Table for International Payments”):
   express – the value date is the same business day as the day on which the payment order was placed (D+0);
   • urgent – when the value date is the next business day after the day on which the payment order was placed (D+1);
   • standard – when the value date is the second business day after the day on which the payment order was placed (D+2).

An outgoing payment order:

• is made either to a foreign currency account or to a PLN account
• may be placed by the ordering customer on paper (the „Cross-border payment order application” is filled in) or through the electronic access channels. The Bank is not responsible for any consequences of the inaccurately completed payment order.
• if executed in a currency other than the currency of a payment order, it is settled at the sale rate applicable in the Bank upon settlement (cf. Table of Exchange Rates for Non-cash Transactions in Nordea Bank Polska S.A.). In this case, the Bank is not responsible for any losses resulting from the adoption of a different rate by the ordering customer than the one applied by the Bank. The settlement can be carried out at a negotiated exchange rate but in order to do so, the ordering customer must have a relevant agreement concluded with the Bank.

An incoming payment order:

• is effected to a banking account, in cash or by cheque.
• the account of the beneficiary, who is a customer of the Bank, is credited with the indicated value date if all of conditions of the settlement are met
• the beneficiary, who is a customer of the Bank, may be informed about the incoming funds in his favour by electronic channel
• the beneficiary, who is a customer of the Bank will be informed about the receipt of the money by phone, subject to password check.

To download

Complaint form (18,2 KB)