Cost-cutting value date advantage
Flash Payment enables you to settle cross-border transfers within UniCredit Group. Payments are credited to beneficiary's account on the next working day. And you don't even have to specifically request this fast type of transfer. If both the ordering customer and the beneficiary hold an account with the UniCredit Group in Central and Eastern Europe, the payment will be carried out automatically at these attractive terms.
Simple and effective
Payment orders are instructed as usual on standard forms for international transfers or electronically (via Internetbank). There is no need to give special instructions or label your transfer order in any sophisticated way - just meet the requirements (below) and the payment will qualify for value dates and transfer will be processed at standard payment cost.
Requirements for outgoing payments
- The beneficiary's account has to be maintained with one of the network banks listed below.
- Only a EUR transfer from a Euro account qualifies for Flash Payment. Payments with a currency conversion either on the sending or the receiving side are not eligible.
- The beneficiary's account number or IBAN (International Bank Account Number) and BIC (Bank Identifier Code) must be indicated.
Your advantages at a glance
- Faster execution: beneficiary's account is credited on the following day.
- Processed as a low-cost.
- Precise planning by the guaranteed processing and value date rules.
Please refer to our Settlements Department to get more information related.