OREANDA-NEWS. December 21, 2007. Due to Christmas holidays, domestic and cross-border settlements will be carried out in SEB Eesti Uhispank as follows, reported the press-centre of SEB Eesti Uhispank:

Estonian kroon payments to other Estonian banks are executed at usual times:
If the payment is received by the bank before 5 p.m. (urgent payment before 6 p.m.), it will be forwarded to the beneficiary’s bank on December 21st;
If the payment is received by the bank after 5 p.m. (urgent payment after 6 p.m.), it will be forwarded to the beneficiary’s bank on December 27th.

Cross-border payments:
Express and urgent payments, submitted to the bank before 3 p.m., are accepted for execution on December 21st; express payments will be assigned as value date December 21st, urgent payments December 27th;

Express payments, received after 3 p.m. shall be assigned as value date the next banking day, i.e. Thursday, December 27th, urgent payments December 28th.

Interbank settlements are not carried out on December 24th -26th.

December 31st is a short working day at SEB Eesti Uhispank.

Domestic and cross-border settlements will be carried out in SEB Eesti Uhispank as follows:
Estonian kroon payments to other Estonian banks are executed at usual times: If the payment is received by the bank before 5 p.m. (urgent payment before 6 p.m.), it will be forwarded to the beneficiary’s bank on December 31st;
If the payment is received by the bank after 5 p.m. (urgent payment after 6 p.m.), it will be forwarded to the beneficiary’s bank on Wednesday, January 2nd.

NB! Payments over 50 000 000,00 EEK received after 12:00 a.m will be assignd as value date January 2nd

Cross-border payments:
Express and urgent payments, submitted to the bank before 11 a.m., are accepted for execution on December 31st; express payments will be assigned as value date December 31st, urgent payments January 2nd.

Express payments, received after 11 a.m. shall be assigned as value date January 2nd, urgent payments January 3rd.

Ordinary payments, submitted to the bank before 2 p.m., will be assigned as value date January 3rd, ordinary payments, forwarded after 2 p.m., January 4th.
Interbank settlements are not carried out on January 1st.

Wishing you Happy Holidays and continuing co-operation!