JSC SMP Bank is offering you to process LVL and foreign currency denominated Customer credit transfers (wire transfers/payments) in favour of the beneficiaries having account with a Latvian or foreign credit institution.

According to the priority credit transfer are divided to Standard and Urgent ones.

Comments on the priority option, specified:

Standard :

1. For LVL denominated credit transfer - value date is the next working day, following the date when the payment order, submitted to the Bank before 17.00 Latvian time, has been accepted by the Bank. 
2. For foreign currency denominated credit transfer - value date is the second working day (taking into account working days of the national clearing systems), following the date when the payment order, submitted to the Bank before 17.00 Latvian time, has been accepted by the Bank. 

Urgent:

1. For LVL denominated credit transfer - value date is the same working day, when the payment order, submitted to the Bank before 13.00 Latvian time, has been accepted by the Bank. 
2. For the US Dollars (USD) denominated credit transfer - value date is the same working day, when the payment order, submitted to the Bank before 16.00 Latvian time, has been accepted by the Bank (taking into account working days of the national clearing system of the USA and the Bank' correspondents).
3. For Euro (EUR) denominated credit transfer - value date is the same working day, when the payment order, submitted to the Bank before 13.00 Latvian time, has been accepted by the Bank (taking into account working days of the national Euro clearing system).
4. For Great Britain Pounds (GBP) denominated credit transfer - value date is the same working day, when the payment order, submitted to the Bank before 12.00 Latvian time, has been accepted by the Bank (taking into account working days of the national UK clearing system).

To make a payment Client has to submit a Payment order to the Bank.

When making a payment in Lats (LVL), the following instructions  in the Payment Order are mandatory :

• Payment order No;
• Payment order completion date;
• Ordering customer' name and Registration No. for legal persons/ Ordering customer' name and identification number for individuals;
• Ordering customer' resident/non-resident indications;
• Ordering customer' account number, the funds will be debited from;
• Beneficiary customer' name and ID (if beneficiary is a natural person)/ Beneficiary customer' name and Registration No.(if beneficiary is a legal person);
• Beneficiary customer' resident/non-resident indications;
• Beneficiary customer bank's name and SWIFT code;
• Beneficiary customer' account number in IBAN format, the funds will be credited to;
• The amount to be transferred (numeric and written) and abbreviation of the currency;
• Foreign payment code and country code for non-residents;
• Signatures of the payer and stamp (for legal persons), complying with those specified in the card of Signature and stamp imprint (if the payment order is submitted in the paper form).

When making a payment in foreign currency, the following instructions  in the Payment Order are mandatory :

• Payment order completion date;
• Ordering customer' name and Registration No. for legal persons/ Ordering customer' name and identification number for individuals;
• Ordering customer' resident/non-resident indications;
• Ordering customer' account number;
• The amount to be transferred (numeric and written) and abbreviation of the currency;
• Correspondent Bank's name, address and SWIFT Code*;
• Beneficiary customer Bank's name, address SWIFT Code and  account number with the Correspondent Bank*;
• Beneficiary customer's name (and ID if beneficiary is a natural person and Latvian resident)/ Beneficiary customer's name, address (and Registration No. if beneficiary is Latvian legal person) and country code;
• Beneficiary customer' resident/non-resident indications;
• Beneficiary customer's account number (in IBAN format if applicable) the funds to be credited to ;
• Charges option - OUR, SHA;
• Type of transfer (standard, urgent);
• Purpose of the payment (short, but sufficient information to understand the economic nature of the transaction, the related Invoice/ Contract (if applicable) No. and date;
• Foreign payment code.

Noted with *are preferable but not obligatory.

SMP Bank offers to its Customers to control the balance of their own account and perform transactions from the current account, regardless the Bank' working hours by using the Distant users system MultiNet.

Commissions for the transactions are to be paid in accordance with price-list.