Customer payments

Cut-off times

To Denmark: For MT1xx in DKK, EUR, USD and GBP 11 am (CET) on the value date to customers of Nordea Bank Danmark and for payments forwarded to customers of other banks in Denmark.For other currencies 11 am (CET) one banking day prior to the value date.

To Finland: For STP (Straight through processing) MT1xx in EUR 5 pm (CET+1) on the value date to customers of Nordea Bank Finland and for payments forwarded to customers of other banks in Finland.

For non-STP payments in EUR 10 am (CET+1).

To Norway: Information will be provided within short.

To Sweden: For MT1xx in SEK 5 pm (CET) on the value date to customers of Nordea Bank.

The standard cut-off time is 8 am (CET) on the value date for transactions in SEK to other Swedish banks with best effort up to 10.30 am (CET).

For payments in EUR 3 pm (CET) on the value date.

Value dates

To Denmark: One banking day after the value date in field 32A, provided that the instruction is received no later than the above mentioned cut-off times.

To Finland:Payments regardless of their currency but received within cut-off time are credited to our customers account on the next banking day following the value date in field 32A. Payments in all currencies to customers in another domestic bank will be forwarded to the beneficiary bank (transit payment order) with the value date next banking day (+1).

To Norway: Information will be provided within short.

To Sweden: All payments received within cut-off time are credited to our customer's account in Nordea Bank on the next banking day following the date in field 32A.

Payments in SEK to customer in another Swedish bank, received within cut-off time, will be forwarded to the beneficiary bank via the Swedish SWIFT clearing system without any additional value day.

Payments in other currencies than SEK to a customer in another Swedish bank will be forwarded to the beneficiary bank with value date next banking day (+1).