Punjab National Bank (International) Limited..

Single European Payment Area (SEPA)

New Facility: PNBIL has a new Euro payment capability to offer

SEPA: A defined financial area where banks and their clients can make payments to each other in Euros as if it is one domestic country.

Required Information: Beneficiary's Name, Address, IBAN (International Bank Account No.) and SWIFT BIC (Bank Identifier Code).

SEPA: Comprises of 16 Eurozone EU countries, 11 Non-Erozone EU, 3 European Economic Area (EEA) countries and territories considered to be part of the EU or use the Euro by agreement with the EU.

Faster Euro Transfer: The remitter bank can take upto three days to remit funds until the year 2012, after which they will have to remit within one day.

Cut-off Time: Request recieved up to 12:00 - beneficiary will receive funds next business day. After 12:00 a day later.

Low Cost: €5 for per SEPA Credit Transfer as against €20 for making a normal Euro international payment.

Recieving Funds: Inform remitter your PNBIL IBAN, SWIFT BIC PUNBGB22 and request the remitting bank to make a SEPA Credit Transfer/domestic instead of international payment.

How Many Banks: 4458 banks have now adhered to the SCT Scheme which represents over 98% of all banks in the region.

SEPA Countries

EU Eurozone: Austria, Belgium, Cyprus, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovak Republic, Slovenia and Spain.

EU Non-Eurozone: Bulgaria, Czech Republic, Denmark, Estonia, Great Britain, Hungary, Latvia, Lithuania, Poland, Romania and Sweden.

EEA: Liechtenstein, Iceland and Norway EU Territories: Martinique, Guadeloupe, French Guiana, Réunion, Gibraltar, Azores, Madeira, Canary Islands, Ceuta and Melilla and Åland Islands.

By Agreement: Switzerland, Mayotte and Saint-Pierre-et-Miquelon, Monaco, Vatican City and San Marino.

Note: The Principality of Andorra, Montenegro and Kosovo are not SEPA territories even though they use the Euro as their official currency.

For kind attention of the customer, we are happy to inform the POS usage limit(i.e transaction through Internet banking and merchant) stands increased to Â£1000 per day and cash limit remains same as Â£250 per day. Attention : Please do not disclose your A/C / InterBanking User-id and Passwords / ATM /Debit Card /Personal Information to any of the source through Email/Internet. FOR LOST AND STOLEN DEBIT CARDS, PLEASE CONTACT 08448793206 CHARGES APPLY

PNBIL is a UK incorporated banking subsidiary of Punjab National Bank, India (PNB). PNBIL is Authorized and Regulated by the Financial Services Authority. PNBIL is a member of the Financial Ombudsman Service (FOS) and the Financial Services Compensation Scheme (FSCS). PNBIL is authorised for accepting deposits by the Financial Services Authority (FSA).
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	*New Facility:* PNBIL has a new Euro payment capability to offer
	*SEPA:* A defined financial area where banks and their clients can make payments to each other in Euros as if it is one domestic country.
	*Required Information:* Beneficiary's Name, Address, IBAN (International Bank Account No.) and SWIFT BIC (Bank Identifier Code).
	*SEPA:* Comprises of 16 Eurozone EU countries, 11 Non-Erozone EU, 3 European Economic Area (EEA) countries and territories considered to be part of the EU or use the Euro by agreement with the EU.
	*Faster Euro Transfer:* The remitter bank can take upto three days to remit funds until the year 2012, after which they will have to remit within one day.
	*Cut-off Time:* Request recieved up to 12:00 - beneficiary will receive funds next business day. After 12:00 a day later.
	*Low Cost:* €5 for per SEPA Credit Transfer as against €20 for making a normal Euro international payment.
	*Recieving Funds:* Inform remitter your PNBIL IBAN, SWIFT BIC PUNBGB22 and request the remitting bank to make a SEPA Credit Transfer/domestic instead of international payment.
	*How Many Banks:* 4458 banks have now adhered to the SCT Scheme which represents over 98% of all banks in the region.
	SEPA Countries
	*EU Eurozone:* Austria, Belgium, Cyprus, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovak Republic, Slovenia and Spain.
	*EU Non-Eurozone:* Bulgaria, Czech Republic, Denmark, Estonia, Great Britain, Hungary, Latvia, Lithuania, Poland, Romania and Sweden.
	*EEA:* Liechtenstein, Iceland and Norway EU Territories: Martinique, Guadeloupe, French Guiana, Réunion, Gibraltar, Azores, Madeira, Canary Islands, Ceuta and Melilla and Åland Islands.
	*By Agreement:* Switzerland, Mayotte and Saint-Pierre-et-Miquelon, Monaco, Vatican City and San Marino.
	*Note:* The Principality of Andorra, Montenegro and Kosovo are not SEPA territories even though they use the Euro as their official currency.