Submission deadlines, valuation and delivery times

State when the request must be delivered to DNB in order to be carried out on the specified date. Payments received after the deadline are valued on the next banking day.

Specifies when the payment is valued out of the payer’s account.

Specifies when the payment is valued for availability for the recipient’s bank/DNB’s correspondent bank.

The amount is sent in a different currency to the one your account is held in. The exchange is made at the best possible market rate immediately before the payment leaves your account.

The amount is sent in the same currency as your account is held in.

DNB is responsible for delivering the payment to the recipient’s bank within the timeframe stated for the product. The recipient’s bank is responsible for crediting the recipient’s account. When this happens depends on the recipient bank’s procedures, and which agreements have been made between the recipient and the recipient bank.

The start time in order to calculate the processing time is the date the customer has stated as the date in the request. The start date is postponed if the order is delivered after the stated deadline, or the payment is missing from the account. For manual requests, the start date is set to the date when the request is delivered to the bank by the deadline. The start time can be postponed if the request does not meet the product requirements.

The payment is normally made in the currency type stated in the amount. For payments in NOK less than NOK 100,000, the bank reserves the right to transfer the amount in foreign currency if it is not possible to transfer in NOK. The execution will take place in the recipient country’s currency, USD, EUR or GBP.