1. Transfers between own currency accounts
These are processed 24 hours a day, 7 days a week, as follows: Internal transfers sent from Monday to Saturday after 8:00 PM, Sunday, as well as those sent on non-working days will be processed instantly, the accounting balance will be affected with the date of the first banking working day and will be found on the statements of the first banking working day. Transfers sent without funds are automatically rejected.
2. Foreign currency payment order, interbank and intrabank
These are processed 24 hours a day, 7 days a week, as follows:
2.1 Foreign currency interbank payment order
Interbank foreign currency payment orders, in urgent mode, processed during day T between 09:00 - 18:00 will be settled with value date T+1 at the latest; interbank foreign currency payment orders processed during day T between 09:00-18:00 will be settled with value date T+3 at the latest; interbank foreign currency payment orders received outside the above-mentioned intervals will be processed 24 hours a day, 7 days a week and will be introduced into the settlement circuit on the next banking working day according to the first 2 points mentioned above.
2.2 SEPA payment order
SEPA payments signed during day T, will be transmitted to the beneficiary bank on the next business day (T+1) and will be displayed as follows:
- in the extract generated for day T if the transaction was signed from Monday to Friday until 5:00 PM;
- in the extract generated for day T+1 (the next working banking day) if the transaction was signed from Monday to Friday after 5:00 PM, on Saturday or Sunday or on non-working days.
2.3 Foreign currency payment order within the bank, regardless of value - processed 24 hours a day, 7 days a week
Transfers sent without funds are automatically refused.
3. Currency payment commissions
3.1 Non SEPA Payments
0.10% of the amount, minimum 15 EUR, maximum 600 EUR (Swift commission included).
3.2 SEPA Payments
In tranches, depending on the value of the operation:
| from 0 to 1,000.00 LEI in EUR equivalent | 2.50 LEI in equivalent EUR |
| from 1,000.00 LEI inclusive, up to 50,000.00 LEI in EUR equivalent | 5.00 LEI equivalent in EUR |
| amounts ≥ 50,000.00 LEI equivalent EUR | 10.00 LEI in equivalent EUR |
SEPA Payment is the payment that cumulatively meets the following conditions:
- it is a payment in EUR;
- it is a payment ordered under the "normal" regime (without urgency), with SHA commission;
- the beneficiary bank is a bank from one of the countries in the SEPA area and has adhered to the Sepa payment schemes.
Instant interbank payments in EUR, up to a maximum of 1000 Euro, through electronic channels, to an account opened at a bank in the SEPA area that has joined TIPS (Target Instant Payment Settlement.
SEPA space is composed of:
- Member states of the European Union:;
- Eurozone countries: Austria, Belgium, Cyprus, Croatia, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Spain, and Slovenia;
- Non-euro zone states: Bulgaria, Czech Republic, Denmark, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia, Sweden and the United Kingdom;
- Member States of the European Economic Area (European Economic Area – EEA): Iceland, Liechtenstein, Norway;
- Switzerland and Monaco.
SEPA will also expand to the following territories, considered part of the European Union (Art. 299 Treaty of Rome): Martinique, Guadeloupe, French Guiana, Reunion, Gibraltar, Azores, Madeira, Canary Islands, Ceuta and Melilla and the Aland Islands. In the case of SEPA payments, Banca Transilvania will not charge a correspondent bank fee.
Processing and communication fee for urgent execution of foreign currency payments:
| 1 - 150,000 EUR | 25 EUR / payment |
| > 150,000 EUR | 75 EUR / payment |
The processing and urgent communication fee is charged together with the fees related to the transaction. The transaction charged urgently is carried out with the same value date or value date - the next working day (for payments made between 09:00 - 18:00), and the final swift message is sent to the branch on the day the transaction is carried out.
NOTE: Pe lângă comisioanele Băncii Transilvania, în cazul plăților în valută către alte bănci, în cazul transferurilor cu opțiunea SHA (exceptând plățile SEPA) și OUR, se vor percepe comisioane de bănci corespondente a căror cuantum este stabilit de acestea.
| Changes / cancellations of foreign currency payments | 30 EUR |
4. DSP payments (Payment Services Directive to the countries in Europe)
Include payments to DSP countries in DSP currencies.
DSP Countries: Austria, Belgium, Bulgaria, Cyprus, Croatia, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, United Kingdom, Norway, Netherlands, Poland, Portugal, Czech Republic, Romania, Slovakia, Slovenia, Spain, Sweden, Hungary.
DSP Coins used in Banca Transilvania: Danish krone (DKK), Swiss franc (CHF), British pound (GBP), Norwegian krone (NOK), Polish zloty (PLN), Czech koruna (CZK), leu (RON), Swedish krona (SEK), Hungarian forint (HUF).
WARNING: DSP payments can only be made with SHA fees. Payments under DSP cannot be made in BEN fee regime.
For non-DSP** and non-SEPA payments, the intermediary banks' fees are communicated to clients and are withheld after the payment is made; these will be borne as follows:
- In the case of payments with the "OUR" option by the BT client ordering the payment;
- In the case of payments with the "BEN" option by the payment beneficiary;
- In the case of payments with the "SHA" option, the payment originator bears the correspondent bank commission of BT, the rest of the commissions being borne by the beneficiary.
Correspondent bank commissions for payments under DSP
| Currency | Type of commissioning | Commission value |
| CHF | OUR | 14.5 CHF |
| SHA | 14.5 CHF | |
| CZK | OUR | 0.5 %, min. 200CZK, max. 2,000 CZK |
| SHA | 200 CZK | |
| DKK | OUR | 15 DKK |
| SHA | 15 DKK | |
| GBP | OUR | 12 GBP |
| SHA | 3 GBP | |
| HUF | OUR | 1500 HUF |
| SHA | 1500 HUF | |
| PLN | OUR | 10 PLN |
| SHA | 5 PLN | |
| SEK | OUR | 60 SEK |
| SHA | 60 SEK | |
| NOK | OUR | 100 NOK |
| SHA | 100 NOK |
Other commissions charged at the initiation of the payment:
In case the OUR commission mode is selected for NON DSP and non SEPA payments, the following commissions are charged:
- Payments in EUR - the correspondent bank fee is 22 EUR
- Payments in USD - the correspondent bank fee is 15 USD
- For foreign currency payments that require modifications (e.g., discrepancy between the name and beneficiary account, beneficiary account and sent currency), it is possible that the beneficiary bank will withhold an additional fee (repair charges); in this case, the fee requested by the beneficiary bank / the modified foreign currency payment is communicated to BT clients and is withheld after the payment is made, as they are received from the beneficiary bank.
