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, on 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 working banking day and will be found on the statements of the first working banking day. Transfers sent without funds are automatically declined.
2. Payment order in foreign currency, interbank and intrabank
These are processed 24 hours a day, 7 days a week, as follows:
2.1 Interbank foreign currency payment order
Interbank foreign currency payment orders, in emergency mode, processed during day T, between 09:00 - 18:00 will be settled with a value date of maximum T+1; interbank foreign currency payment orders processed during day T between 09:00-18:00 will be settled with a value date of maximum T+3; 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 working banking day according to the first 2 points mentioned above.
2.2 SEPA Payment Order
Sepa payments signed during day T will be sent to the beneficiary bank on the next working bank 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 generated extract for the T+1 day (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 Intrabank foreign currency payment order, 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 in EUR | 10.00 LEI equivalent in EUR |
SEPA Payment is the payment that cumulatively meets the following conditions:
- it is a payment in EUR;
- this 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 joined 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 Area consists of:
- Member States of the European Union:;
- Euro area countries: Austria, Belgium, Cyprus, Croatia, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Spain and Slovenia;
- Non-euro area 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 operation. The operation commissioned on an urgent basis is carried out with the same value date or value date - the next working day (for payments made between 09:00 and 18:00), and the final swift message is sent to the branch on the day of the operation.
NOTE: In addition to the Transilvania Bank commissions, in the case of foreign currency payments to other banks, in the case of transfers with the SHA option (excluding SEPA payments) and OUR, correspondent bank commissions will be charged, the amount of which is set by them.
| Changes / cancellations of currency payments | 30 EUR |
4. DSP payments (payment services directive to 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 utilized 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).
ATTENTION: DSP payments can only be made with SHA commissions. Payments under DSP cannot be made with BEN commission regime.
For non-DSP** and non-SEPA payments, the commissions of intermediary banks 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 payer bears the fee of BT's correspondent bank, the rest of the fees being the responsibility of 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 fees charged at the initiation of the payment:
In case the commission mode OUR is selected for NON DSP and non SEPA payments, the following fees are charged:
- Payments in EUR - the corresponding bank fee is 22 EUR
- Payments in USD - the correspondent bank commission is 15 USD
- For foreign currency payments that require modifications (e.g. discrepancy between the name and beneficiary account, beneficiary account and currency sent), it is possible that the beneficiary bank will withhold an additional commission (repair charges); in this case, the commission 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.
