Bank Account and Payments

• Type of priority of the international payment order: it can be standard, urgent or very urgent. If the priority is not specified, it will be considered to be a standard payment order;
• The beneficiary’s bank SWIFT BIC (for payment orders in RUB, UAH and BYR– digital codes of the banks). If you fail to specify the beneficiary’s bank SWIFT BIC, the bank may deduct an additional charge specified in the pricelist of the bank for manual processing of the payment order (if you are ordering a transfer of USD to the USA, instead of the SWIFT code you may specify the national clearing code ABA/ Routing No.(FW). The bank code consists of 9 digits). This charge is not applied to payment orders in RUB, UAH and BYR;
• The beneficiary’s account number and name. When making a transfer to countries of the European Union (EU) and the European Economic Community (EEC), the beneficiary’s account IBAN (International Bank Account Number) must be quoted;
• Payment purpose (not more than 140 characters);
• Who pays for processing international payment orders? The following options are available:
  • SHA charges mean that the sender will pay the Danske Bankas charges for the international payment order and the beneficiary will pay the charges of the foreign bank.
  • OUR charges mean that the sender will pay all the charges for the international payment order, i.e., both Danske Bankas charges and the foreign bank charges. In this case the beneficiary receives the entire amount of the transfer (charges of other banks may be deducted from the amount transferred, if the international payment order is processed in US dollars). Danske Bankas reserves the right to charge you in addition for OUR payment order.
  • BEN charges mean that the beneficiary will pay all the charges for the international payment order, i.e., both Danske Bankas charges and the foreign bank charges that will be deducted from the amount transferred, therefore the beneficiary receives the amount transferred less charges.

When completing an international payment order, it is not necessary to specify the correspondent bank of the beneficiary’s bank. Danske Bankas will select an optimal correspondent bank of the beneficiary’s bank, but if the client specifies the correspondent bank, Danske Bankas will process the payment order according to the client’s request. If the correspondent bank is specified incorrectly, foreign banks may return the amount transferred or charge in addition for the payment order, therefore the money may not reach the beneficiary on time. When specifying the correspondent bank of the beneficiary’s bank, the SWIFT BIC of the beneficiary’s bank must be specified. In the event of failure to specify the SWIFT BIC of the beneficiary’s bank, Danske Bankas bank may deduct an additional charge as specified in the pricelist of the bank for manual processing of the payment order.

• Beneficiary bank details:
  • the bank’s BIK code (9 digits) (SWIFT BIC does not need to be specified)
  • the correspondent account number (20 digits starting from digit 3; the last three digits of the correspondent account must coincide with the last three digits of the BIK code)
  • the full name and address of the beneficiary's bank
• Beneficiary details:
  • the beneficiary’s INN number (if the beneficiary is a legal entity, the number consists of 10 digits; if the beneficiary is a private person, the number consists of 12 digits)
  • if the beneficiary is a private person – his/her name, surname and father’s name must be specified
  • the beneficiary’s bank account number (20 digits starting from digit 4)
• Payment purpose:
  • VO (currency operation) code (usually 5 digits) selected by the client according to what he is making the payment for. The code must be entered in the payment purpose window (VOXXXXX)
  • exact payment purpose (the number and date of the contract or the number and data of the invoice)

• Beneficiary bank details:
  • the bank’s MFO code (6 digits)
  • the full name and address of the beneficiary's bank
• Beneficiary details:
  • o the beneficiary’s bank account number (14 digits);
  • o the exact name and address of the beneficiary;
  • o OKPO code (if the beneficiary is a legal entity, the number consists of 10 digits; if the beneficiary is a private person, the number consists of 8 digits)
  • o exact payment purpose (the number and date of the contract or invoice; code of the item or transaction (4 digits), country code (the code is 804 – e.g., <kod strany 804)

• Beneficiary bank details:
  • the bank’s MFO code (3 or 9 digits) (SWIFT BIC does not need to be specified):
  • the full name and address of the beneficiary's bank
  • the beneficiary’s bank account number (13 digits)
  • exact payment purpose (the number and date of the contract or the number and data of the invoice)

• International payment orders in litas (the beneficiary’s account is at a bank not registered in Lithuania):
  • If the payment order is presented by 3:00 pm on a bank working day, the payment order is processed on the same bank working day;
  • If the payment order is presented after 3:00 pm on a bank working day or on a non-working day, the payment order is processed on the next bank working day.
• Standard international payment orders in EUR to EU countries, Iceland, Lichtenstein, Norway, and Switzerland:
  • If the beneficiary’s bank account IBAN is quoted, the beneficiary’s bank identification code (BIC) is specified, the beneficiary pays its bank charges (SHA), and the payment amount does not exceed EUR 50,000, the payment order is processed within two bank working days.
• Standard international payment orders:
  • the payment is processed within two bank working days.
• Urgent international payment orders:
  • if a payment order in EUR or USD is presented by 4:00 pm on a bank working day, the payment order is processed within one bank working day;
  • if a payment order in EUR or USD is presented after 4:00 pm on a bank working day or on a non-working day, payment order is processed within two bank working days;
  • if a payment order in a foreign currency other than EUR or USD is presented by 12:00 pm on a bank working day, the payment order is processed within one bank working day;
  • if a payment order in a foreign currency other than EUR or USD is presented after 12:00 pm on a bank working day or on a non-working day, the payment order is processed within two bank working days.
• Very urgent international payment orders in EUR or USD:
  • if a payment order is presented by 3:00 pm on a bank working day, the payment order is processed on the same bank working day;
  • if a payment order is presented after 3:00 pm on a bank working day or on a non-working day, the payment order is processed on the next bank working day.
• Very urgent international payment orders in DKK, LVL, NOK, SEK, or PLN:
  • if a payment order is presented by 12:00 pm on a bank working day, the payment order is processed on the same bank working day;
  • if a payment order is presented after 12:00 pm on a bank working day or on a non-working day, payment order is processed on the next bank working day.
• International payment orders at within Danske Bank A/S Group Banks:
  • if a payment order in LTL, EUR USD, DKK, LVL, NOK, PLN, or SEK is presented by 4:00 pm on a bank working day, the payment order is processed on the same bank working day;
  • if a payment order in LTL, EUR USD, DKK, LVL, NOK, PLN, or SEK is presented after 4:00 pm on a bank working day or on a non-working day, the payment order is processed on the next bank working day;
  • if a payment order in a foreign currency other than mentioned above is presented by 12:00 pm on a bank working day, the payment order is processed within one bank working day;
  • if a payment order in a foreign currency other than mentioned above is presented after 12:00 pm on a bank working day or on a non-working day, the payment order is processed within two bank working days.
• Standing international money orders:
  • the terms for acceptance and processing of ordinary, urgent, and very urgent international payment orders and payment orders at Danske Bank A/S Group Banks are applied.

• Name, surname, and address;
• Bank account number at Danske Bankas;
• Full name of Danske Bankas and the SWIFT code: Danske Bank A/S Lithuania branch, Vilnius, SWIFT SMPOLT22;
• Name of the correspondent bank (for the relevant currency) and the SWIFT code (optional).

A client may submit a request to Danske Bankas to cancel an international payment order after the order has been submitted to Danske Bankas:

• If the amount specified in the payment order has not been transferred to the beneficiary’s bank or the intermediary bank, following the request, Danske Bankas will return to the payer the amount specified in the payment order and any bank charges for processing of the payment order.
• If the notification about the payment order has already been sent to the beneficiary’s bank or the intermediary bank, Danske Bankas will return to the payer the amount specified in the payment order, provided Danske Bankas has received both the confirmation of the cancellation of the payment order and the amount specified from the beneficiary’s bank or the intermediary bank. No bank charges incurred for the processing of the payment order will be reimbursed to the payer.

The payer may provide revised information for the payment order to Danske Bankas, except for the information on the amount, currency, and the payee’s account number. If the amount specified in the payment order has been debited from the correspondent account of Danske Bankas, the bank informs the intermediary bank or the beneficiary’s bank about any data revisions made, however, Danske Bankas takes no responsibility for revising, i.e., revisions are made according to the requirements of the beneficiary’s bank or the intermediary bank and with the beneficiary’s consent.

A request to cancel or review an international payment order may be submitted at any branch of Danske Bankas or via Danske eBank.