Bank transfer processing hours

ELIXIR (Electronic Clearing House) it is an interbank settlement system that eliminated the need to send paper documents between banks. All information needed to properly prepare, process and record the client's final transfer order is transformed into an electronic record sent to the bank of the transfer recipient.

Since incoming and outgoing sessions of the ELIXIR system are carried out at different times in different banks, the time of receiving funds by the recipient is influenced by the time of the transfer order and the session hours of the sender's and recipient's banks. The hours of outgoing and incoming sessions at various banks are summarized in the table below: