Domestic
payments
Transfers in EUR currency within SEPA 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 EEA Member States: Member States of the European Economic Area (EEA): Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, the Netherlands, Croatia, Ireland, Iceland, Liechtenstein, Lithuania, Latvia, Luxembourg, Malta, Hungary, Germany, Norway, Poland, Portugal, Austria, Rumania, Slovakia, Slovenia, Spain, Sweden, Italy. Other territories and autonomous regions: Martinique, Guadalupe, French Guyana, Réunion, Azores, Madeira, Canary Islands, Ceuta and Melilla, Aland Islands, Mayotte, Saint Barthélemy, St. Martin, St. Pierre, and Miquelon.
List of SEPA countries
Member States of the European Economic Area (EEA): Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, the Netherlands, Croatia, Ireland, Iceland, Liechtenstein, Lithuania, Latvia, Luxembourg, Malta, Hungary, Germany, Norway, Poland, Portugal, Austria, Romania, Slovakia, Slovenia, Spain, Sweden, Italy.
Other territories and autonomous regions: Martinique, Guadalupe, French Guyana, Réunion, Gibraltar, Azores, Madeira, Canary Islands, Ceuta and Melilla, Aland Islands, Mayotte, Saint Barthélemy, St. Martin, St. Pierre, and Miquelon.
Countries that have acceded to SEPA, including their other territories and autonomous regions: Switzerland, Monaco, San Marino, Andorra, the Vatican and the United Kingdom of Great Britain and Northern Ireland, Bailiwick of Jersey, Gibraltar, Guernsey, Isle of Man, Albania, Montenegro, Macedonia, Moldova.
List of Eurozone Member States: Belgium, Croatia, Cyprus, Estonia, Finland, France, Greece, the Netherlands, Ireland, Latvia, Lithuania, Luxembourg, Malta, Germany, Portugal, Austria, Slovakia, Slovenia, Spain, Italy.
Even more secure payments
From October 5, 2025, we are introducing a new security feature called Verification of Payee when making payments in euros.
What does this mean for you?
- When making payments, it will no longer be sufficient to enter only the IBAN.
- If you are sending money to a natural person, enter their full name and surname correctly.
- If you are sending money to a legal entity, enter its exact and unabbreviated business name (as listed in the commercial or other register).
The system will then automatically verify whether the recipient's details (name and IBAN) match the details held by the recipient's bank. If not, you will be notified.
Verification of Payee is a new European Union service that banks are required to use for all payments (both standard and instant) in euros within the European Economic Area to banks that support SEPA payments.