Fees set in EUR shall be charged in the currency of the transaction, at the B.N.R. conversion rate on the day of collection. They may also be charged in LEI equivalent or other convertible currencies, at the B.N.R. conversion rate on the day they are collected.
Fees set in LEI are only charged for transactions in LEI.
The fees retained by intermediary banks are charged to the customers who have ordered the foreign exchange transactions and are communicated to the customers as such:
- For collections for which the payers have chosen the "SHA" or "BEN" option, the fees of the intermediary banks are communicated to the customers and retained at the same time as the collection.
- For payments under SDR* made over the counter, the amount of these fees will be calculated and communicated to the customer in BT branches and agencies prior to any transaction.
- For payments under SDR* made via Internet banking, the amount of these fees is available to customers in the application used
- For non-DSP* payments, the fees of the intermediary banks shall be communicated to the customers and retained after the payment has been made and will be charged as such:
" In case of payments with the "OUR" option by the BT customer ordering the payment
" In case of payments with option "BEN" by the payee.
For foreign exchange payments that require amendments (e.g. mismatch between beneficiary name and account, beneficiary account and currency sent), in addition to the BT amendment/investigation fee, it is possible that the beneficiary bank /intermediary may charge an additional fee; in this case, the fee charged by the beneficiary bank /intermediary for the amended foreign exchange payment shall be communicated to the customers and shall be charged after the payment is made, as it is received by the beneficiary bank/intermediary.
In addition to the above conditions, transmission charges (e.g. telephone, fax, SWIFT, telex, post, DHL, etc.) will be levied where applicable.
Unless otherwise specified, all fees are charged following the transaction in question.
* PSD - Payment Services Directive :
- PSD payments - will include payments to PSD countries in PSD currencies
- SDR countries: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Hungary, Croatia, The Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, United Kingdom. SDR currencies used at Banca Transilvania: EUR, Danish krone (DKK), Swiss franc (CHF), pound sterling (GBP), Norwegian krone (NOK), Polish zloty (PLN), Czech koruna (CZK), leu (RON), Swedish krona (SEK), Hungarian forint (HUF)
*SEPA - Single Euro Payments Area, SEPA countries, Member States of the European Union:
- Euro area countries: Austria, Belgium, Cyprus, Croatia, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Spain, Slovenia, Luxembourg, the Netherlands, Austria, Greece, Ireland, Italy, Cyprus, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Spain and Slovenia;
- Non-euro area countries: Bulgaria, Czech Republic, Denmark, Denmark, Latvia, Lithuania, Hungary, Poland, Romania, Slovakia, Sweden, United Kingdom
- Member States of the European Economic Area (EEA): Iceland, Liechtenstein, Norway;
- Switzerland and Monaco.
- SEPA will also be extended to the following territories considered part of the European Union (Art. 299 Treaty of Rome): Martinique, Guadeloupe, French Guiana, Reunion, Gibraltar, Azores, Madeira, Canary Islands, Ceuta and Melilla and the Aland Islands.
The Bank reserves the right to change the fees and charges in this list. The new fees and commissions will be made available to clients in accordance with the provisions of Banca Transilvania's General Business Conditions applicable to Legal Entities.
The Bank reserves the right to charge the customer any fees applied by the National Bank of Romania or other banks involved in the processing of a given operation.
Risk-related fees will be charged in addition to the above-mentioned fees on a case-by-case basis.
In order to comply with European Community legislation, from 2007 onwards, some categories of commission will become liable to VAT. In the statement of account, the commission and the related VAT will appear as separate transactions and at the end of each month an invoice will be issued containing all the transactions liable to VAT for that month.
