Domestic payments

Transfers in EUR currency within SEPA countries

  • SEPA is an integrated area, in which the citizens and companies may send and receive EUR transfers within the member countries of SEPA under the same conditions, right and obligations and in case of domestic EUR transfers
  • SEPA unifies the standards of non-cash payments in EUR in all the member countries

How does the domestic payment works?

  • Non-cash transfer of funds in EUR to banks within SEPA countries or any transfer in any other currency within Slovenská Sporiteľňa
  • Possibility to use:
    • single standard payment order,
    • one-time urgent transfer (funds will be credited to the account or the recipient on the same day),
    • standing order (for repeating transfers with the same amount).

Domestic payments – Payment orders

  • cashless transfer of funds in EUR to banks in SEPA countries or transfer in another currency within Slovak Republic
  • a possibility to use:
    • a one-off standard Payment order,
    • a one-off Urgent transfer (the funds will be credited to the beneficiary’s account on the same day),
    • a standing order (for recurring payments of the same amount).

Domestic payments – Direct Debits

  • Standardized method of cashless transfers via direct debiting in EUR within SEPA countries
  • The beneficiary sends a payment order for direct debit to the bank and based on your Authorization the bank will debit your account and transfer the funds to the beneficiary’s account

How the Direct debit works

  • direct debits in EUR are executed within all SEPA countries
  • you will receive a notification about a pending direct debit
  • you may cancel a pending direct debit one day prior to its maturity (at a branch or over Internetbanking)
  • within 8 weeks you may ask for a refund of your direct debit without any specific reason
  • you just need to enter one identifier of the direct debit – Mandate Reference
  • the funds from your account are credited to the beneficiary’s account on the same day
  • a direct debit executed in Slovakia and other SEPA countries has the same fee
  • you provide your direct debit authorization for CID – unique creditor identifier based on which the creditor is able to receive direct debits to any of their accounts within SEPA countries

List of SEPA countries

EEA countries: Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Holland, Croatia, Iceland, Ireland, Liechtenstein, Lithuania, Latvia, Luxembourg, Malta, Hungary, Germany, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Italy, United Kingdom of Great Britain and Northern Ireland

Other territories and autonomous areas: Martinique, Guadeloupe, French Guyana, Reunion, Gibraltar, the Azores, Madeira, the Canary Islands, Ceuta and Melil, Aland Islands, Mayotte, St. Bartholomew, St, Martin, St. Pierre and Miquelon

Countries that have joined SEPA: Switzerland, Monaco, San Marino, Andorra

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