ProCredit Bank provides full coverage and fast execution of payment services through participation in the following payment systems:
STEP2 - payment system for processing client transfers in euro between SEPA (Single Euro Payments Area) participants. Transfers are sent to the beneficiary’s bank every business day for euro currency.
TIPS - payment system for processing instant client transfers in euro, based on the SEPA Instant scheme. Instant euro payments are executed within a few seconds – 24/7, 365 days a year. Limit per transaction for outgoing instant transfers is up to 100,000 euro, while incoming instant transfers have no limit. The fee amount is equivalent to that of a standard transfer, according to the Bank’s Tariff.
SWIFT - payment system that enables the transfers and exchange of data between financial institutions worldwide. SWIFT transfers are processed through correspondent banks. Currencies in which ProCredit Bank (Bulgaria) EAD Thessaloniki Branch operates are EUR, USD and GBP.
The Bank’s main correspondent for transfers in EUR, USD and GBP is ProCredit Bank AG Frankfurt Am Main, Germany, SWIFT: PRCBDEFF.
Transfers via SWIFT are processed with TOM value date (the following business day after the execution date). The deadline for accepting SWIFT transfers via internet banking for same-day execution is 17:00.
Additional information about transfer fees:
The fees up to the correspondent bank are for the sender's account, and after that, they are for the recipient's account.
Transfers in EUR to countries within the European Economic Area are executed in accordance with European directives with the SHA option. The correspondent banks involved in the transfer do not charge any commissions.
All transfer fees are for the sender's account, and the beneficiary receives the originally instructed amount.
The beneficiary fully bears all fees related to the payment.
