By opening a multi-currency transaction account at Erste bank, you will be able to perform fast and secure payments for your international partners.
International payments can be executed using Erste NetBanking, as well as by submitting a payment order at payment operations counter at Bank branches. Along with payment operations, this account also enables you to buy and sell foreign currency, and receive information on account updates. International credit transfer is performed using SWIFT network, and bank takes special care to ensure all transactions are executed in a secure and prompt manner.
1
Fast, secure and simple payment execution for your international
partners.
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Latest technology solutions for payment operations will significantly
accelerate and simplify your everyday business activities.
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Using HITNO and FIT 3.0 payments, Erste bank enables you to execute international payments in Euro on the same day.
What changes when paying outside the SEPA zone?
Changes in the SWIFT ISO 20022 standard and addition of information on structured addresses.
Address information in the payment files
In Pain.001 files as of November 2026 you will need to enter the following address information in a structured form:
- Creditor (<Cdtr>),
- Ultimate Creditor (<UltmtCdtr>).
You can enter data in a structured form right now, and the entry rules will differ depending on the country to which you are paying the order.
At the payee's bank, it is enough to enter the BIC. If you enter the address of the bank - Creditor Agent (<CdtrAgt>), it must be entered in a structured form.
How to correctly enter data in a structured form you can find in this table.
We will control all orders entered in structured form from June 17, 2024. If the order is not completed in accordance with the rules from the above table, it will not be executed and you will be provided with information about the error.
How we distinguish data by structure
Structured address data is recipient address information sent in a structured format. This format includes clearly defined elements and fields for entering data, such as the recipient's name, address, city, state, zip code and other relevant information.
Unstructured address data is recipient address information that is not organized into a structured format. This means that this information can be written in any form, without a clear structure or standard. Examples of unstructured address data include an address written on one line, without separating the zip code, city, and state.
Hybrid address data is a combination of structured and unstructured recipient address data. This means that both structured and unstructured address data are used in one message.