BNF accelerates same-day Non-SEPA Payments

June 24, 2020
June 20, 2023
BNF accelerates same-day Non-SEPA Payments

In keeping with our customer value proposition to continuously improve the Bank's service offering, BNF is now providing accelerated same-day (urgent) outbound non-SEPA payments on EUR, GBP, and USD currencies through an extension of our current cut-off-time.

The time extension applied on the above-mentioned currencies, is now extended from 11:00 a.m. to 14:00 p.m. Non-SEPA payments may be effected 24/7 via BNF Internet Banking, or from one of our 12 retail branches across Malta and Gozo.

When payment transfers are submitted and accepted by the Bank before 14:00 p.m., same day non-SEPA submissions are guaranteed with reasonable terms and conditions. Same day clearance guarantee comes into force when the relevant documentation is fully presented, no errors encountered, and compliance assessments are cleared successfully.

Same-day (urgent) non-SEPA payments which are submitted and accepted by the Bank between 14:00 p.m. and 16:30 p.m., may also be processed on the same day subject to internal verification by the Bank.