29.09.2020CREDIT TRANSFERS WITHIN EUROPEAN ECONOMIC AREA (EEA)

Dear customers,

Please be informed that in compliance with the Regulation (EU) № 260/2010 as of 01.10.2020 Municipal Bank AD will cease the execution of credit transfers within European Economic Area (EEA) in euro or foreign currency used by EEA member states with charges option “OUR”. The transfers will be executed with shared charges option “SHA” only. We would like to draw your attention to the fact that there is no need to fill in the BIC of beneficiary’s bank in the respective credit order form for the above mentioned transfers.