Main pageSite MapEmail RUS | ENG

News subscription:

subscribe   |   unsubscribe

Íîâîñòè

Honoring payments to clients of EU banks

15.12.06

In accordance with European Union Regulation 2560/2001 “On cross-border payments”, as of 1 January 2007 IBAN (International Bank Account Number) will become the single identifier of a beneficiary’s account for payments to clients of banks located in the European Union (EU) and the European Economic Area (EEA). 

As of 01.01.2007 banks in the EU and EEA may refuse to honor any payment to account numbers not indicated in IBAN format, and payments may be returned with the deduction of an additional fee.

This regulation applies to payments in all foreign currencies made to clients of banks in countries in the EU and EEA.

Clients are requested to bear this information in mind when making any foreign currency payments, and are advised to discuss the matter with their partners in advance.

Countries in the EU and EEA:

  • Austria
  • Andorra
  • Belgium
  • Bulgaria
  • Vatican
  • Cyprus
  • Czech Republic
  • Germany
  • Denmark
  • Estonia
  • Spain (Canary Islands)
  • Iceland
  • Finland
  • France
  • United Kingdom of Great Britain and Northern Ireland
  • French Guiana
  • Gibraltar
  • Guadeloupe
  • Greece
  • Hungary
  • Ireland
  • Italy
  • Lichtenstein
  • Lithuania
  • Luxembourg
  • Latvia
  • Martinique
  • Malta
  • Monaco
  • Netherlands
  • Norway
  • Poland
  • Portugal (Madeira)
  • Réunion
  • Sweden
  • Slovenia
  • Slovakia
  • San Marino


Copyright © Credit-Moscow Bank
Small Business Loans

Moscow: tel.: (495) 72-707-72; fax: 237-52-98; Address: 8, 6th Monetchikovsky Lane.
Saint Petersburg: tel.: (812) 635-75-75, fax: 310-13-69; Address: 54, Sadovaya Street.

Created byWebprofy.ru