Dear clients,

UBB has started offering the service for instant payments in euros according to the European Payments Council's SEPA Instant Credit Transfer scheme. These are instant single transfers in euros to banks participating in the SEPA Instant scheme, which currently number over 2700.

You can send single transfers of up to 15,000 euros domestically and internationally, with the transferred funds available to the recipients within seconds of processing the transfer at the bank at any time of the day or night.

The fee for executing a SEPA Instant transfer in euros is the same as the fee for a standard SEPA transfer. The service for instant transfers in euros in UBB Online, UBB Mobile, and Open banking is available year-round, 24 hours a day, 7 days a week, including on weekends and public holidays.

To send a SEPA Instant transfer, the following conditions must be met:

1. The recipient bank must be an active participant in SEPA Instant – see the list here: Registers of Participants in SEPA payment and payment related schemes | European Payments Council
2. The transfer must be in EUR
3. The amount being sent must be up to 15,000 euros
4. There must be no accompanying documentation
5. The costs must be shared (SHA).

And if the conditions are met, you can choose the SEPA instant transfer option in the foreign currency transfer order form in UBB Mobile, UBB Online, and Open Banking.

Sincerely,

The UBB Team

Dear clients,

You have the opportunity to take advantage of new functionalities in the Trade Finance menu in UBB Online if you are a business client user. In it you will have access to detailed information about Bank Guarantees, Letters of Credit and Documentary Collection. Now you have access to detailed information about Letters of Credit and Documentary Collection, in addition to the ones already available for Bank Guarantees. The Letters of Credit report provides users with information about active issued and received letters of credit, and about documentary collections for import and export.

Access to the reports can be done:

• through an application signed by the legal representative through the Administration section >> the Access Management menu, or
• by submitting a Card for changing Online Banking data at a bank branch convenient for you.

Sincerely,

The UBB Team