STANDING ORDER

STANDING ORDER - PAYMENTS

Using a standing order in Čačanska banka you can settle your monthly bills (water, electricity, telephone etc.) through your current account in particular time frames (on a monthly, quarterly basis etc.) and on the exact date(s).

• Through a standing order
• You will eliminate a possibility of default
• You need not go to the Banke

 A user of this service may be any private person holding a dinar current account with regular or occasional monthly inflow (salary, pension.)

Terms and conditions:

• The available RSD amount represents the current account balance, increased by the overdraft amount and decreased by provisions;
• Standing order is effected on the requested date, or on the first following business day, if the requested date is a non-working day;
• If there are not enough RSD funds in the current account for the standing order to be effected, the order will be effected the following day upon the inflow of the whole amount (i.e. the order may not be partially effected);
• A client may cancel the standing order at least 15 days prior to the effective date;
• The Bank may terminate a standing order if no funds for its effecting are provided in 6 months in a row.

FOREIGN EXCHANGE SAVINGS STANDING ORDER

Foreign exchange savings standing order is an additional type of savings for private persons, enabling you to convert the available dinar current account balance to EUR and transfer it to demand deposit account, without going to the bank.

A user of this service may be any private person holding a dinar current account with regular inflows (salary, pension) or occasional monthly inflow. Apart from the dinar account, the private person must also hold a foreign exchange account in EUR.

   Terms and conditions:

• The available RSD amount represents the current account balance, increased by the overdraft amount and decreased by provisions;
• Foreign exchange saving is exclusively in EUR;
• Conversion of RSD into EUR is conducted on the NBS medium exchange rate as of the transfer date increased by 0.30%;
• Minimum amount of standing order is EUR 20;
• Standing order is effected on the requested date, or on the first following business day, if the requested date is a non-working day;
• If there are not enough RSD funds in the current account for the standing order to be effected, the order will be effected the following day upon the inflow of the whole amount (i.e. the order may not be partially effected);
• A client may cancel the standing order at least 15 days prior to the effective date;
• The Bank may terminate a standing order if no funds for its effecting are provided in 6 months in a row.