At the end of 2009 all of Komerční banka's branches, including those that work on Saturdays and Sundays, will keep their opening hours as usual, with the exception of Thursday 31 December 2009, when branches will close earlier, at 1 p.m.

Important dates for domestic payments

Komerční banka will accept domestic payment orders at counters (orders payable on that day) as usual until 11 a.m. on 31 December 2009 and via the self-service [drop-off] box (orders payable in 2010) throughout the opening hours of the respective branch.

In domestic payments, orders for CZK direct debit, which are to be cleared at a third-party bank in 2009 and credited to an account kept at KB also in 2009, can be delivered by clients via a counter or the self-service box no later than on Wednesday 23 December 2009, with the due date no later than on 29 December 2009.

Payment orders in CZK that are to be cleared at a third-party bank in 2009 must be delivered by clients for clearing as follows:

  • at a counter: no later than by 1 p.m. on Wednesday 30 December 2009, with the due date no later than on 30 December 2009;
  • via the self-service box: no later than on Tuesday 29 December 2009, with the due date no later than on 30 December 2009.

Orders for express CZK payments to third-party banks in the Czech Republic delivered one day before the due date, which the third-party bank is to clear in 2009, must be delivered at the counter by 4 p.m. on Wednesday 30 December 2009, with the due date on 31 December 2009.

Orders for super express CZK payments to third-party banks in the Czech Republic delivered on the due date, which the third-party bank is to clear in 2009, must be delivered at the counter by 10.30 a.m. on Thursday 31 December 2009, with the due date on 31 December 2009.

Payment orders in CZK or a foreign currency intended for Komerční banka's clients, which are to be cleared in 2009, must be delivered by clients to KB as follows:

  • at a counter: no later than by 11 a.m. on Thursday 31 December 2009, with the due date on 31 December 2009;
  • via the self-service box: no later than on Wednesday 30 December 2009, with the due date on 31 December 2009.

Orders for CZK direct debit to client accounts maintained at Komerční banka, which are to be cleared in 2009, must be delivered by clients to KB as follows:

  • at a counter: no later than on Monday 28 December 2009, with the due date on 31 December 2009;
  • via the self-service box: no later than on Wednesday 23 December 2009, with the due date on 31 December 2009.

International payments

Payment orders for standard payments to foreign countries must be delivered by 1 p.m. on Tuesday 29 December 2009. Payment orders for express payments to foreign countries must be delivered by 12 p.m. [noon] on Wednesday 30 December 2009 (with the exception of JPY and AUD - for these currencies the latest date is Tuesday 29 December 2009 by 1 p.m.). Payment orders for urgent payments in CZK, DKK, EUR, GBP, CHF, NOK, SEK and USD to foreign countries must be delivered by 11 a.m. on Thursday 31 December 2009.

If the payee is a client of Komerční banka Bratislava, a.s. (KBB) payment orders for urgent payments in all usable currencies can be delivered by 1 p.m. on Thursday 31 December 2009.

KB will process payment orders delivered later, but will send the payment to the respective foreign country with a value date in 2010.

Payments via direct banking channels

All of the above dates apply to the delivery of payment orders via a direct banking system operated by Komerční banka (i.e., EDI KB, MultiCash KB, Expresní linka KB, Mobilní banka KB, MojeBanka, profibanka, and Přímý kanál), with the exception of the hour, which is specified in the terms and conditions agreed for the delivery of payment orders via the respective system, and with the exception of orders for CZK direct debit in terms of KB. Orders for direct debit from accounts at Komerční banka can be delivered via the direct banking systems as late as 31 December 2009, with the due date no later than on 31 December 2009.

For the MojeBanka, profibanka and Přímý kanál applications, the days and hours are specified in the bulletin board of these applications. For domestic payments to be made via Expresní linka KB and Mobilní banka KB, the hour is always by 8.30 p.m. of the above specific day.

Appendix: Latest date and hour for delivering payment orders

a) Domestic payments

Date of delivering the order to KB Type of payment in domestic payments Debited to the payer's account Credited to the payee
23 December 2009 - self-service box
23 December 2009 - counter
Direct debit from accounts at third-party banks, due date 29 December 2009 2009 2009
29 December 2009 - self-service box
30 December 2009 by 1 p.m. - counter
Payments to third-party banks, due date 30 December 2009 2009 2009
23 December 2009 - self-service box
28 December 2009 - counter
Direct debit from accounts at Komerční banka, due date 31 December 2009 2009 2009
30 December 2009 by 4 p.m. - counter Express payments to third-party banks 2009 2009
31 December 2009 by 10.30 a.m. - counter Super express payments to third-party banks 2009 2009
30 December 2009 - self-service box
31 December 2009 by 11 a.m. - counter
Payments with due date on 31 December 2009 at Komerční banka 2009 2009*

*) Credited only to payees in KB

Note: The above cut-off times for the clearing of payments to third-party banks have been set in accordance with the applicable legislation; however, KB is unable to guarantee the time at which payments will be credited to accounts at third-party banks.

b) International payments

Date of delivering the order to KB Type of payment in international payments Debited to the payer's account Credited to the payee
29 December 2009 by 1 p.m. standard, all currencies 2009 2009*
29 December 2009 after 1 p.m. standard, all currencies 2009 2010
29 December 2009 by 1 p.m. express in JPY and AUD 2009 2009*
29 December 2009 after 1 p.m. express in JPY and AUD 2009 2010
30 December 2009 by 12 p.m. [noon] express except for JPY and AUD 2009 2009*
30 December 2009 after 12 p.m. [noon] express except for JPY and AUD 2009 2010
31 December 2009 by 11 a.m. urgent: CZK, DKK, EUR, GBP, CHF, NOK, SEK, and USD 2009 2009*
31. December 2009 by 1 p.m. urgent: for KBB clients all usable currencies 2009 2009
31. December 2009 after 11 a.m. urgent: CZK, DKK, EUR, GBP, CHF, NOK, SEK, and USD 2009 2010
31. December 2009 after 1 p.m. urgent: for KBB clients all usable currencies 2009 2010

*) The crediting of funds to the payee's account depends on the foreign banks' processing time limits

Komerční banka is one of the best run universal banks in Central Europe. It provides comprehensive services to clients in the areas of retail, corporate, and investment banking. The Komerční banka Group's 8,843 employees serve more than 2.7 milion clients, who can use an extensive network of 398 points of sale throughout the country. Komerční banka currently operates 682 ATMs and more than 972,000 of its clients use one of direct banking channels.

Komerční banka is part of the Société Générale Group, one of the largest banking groups in the euro zone (in terms of market capitalisation), whose 163,000 employees serve more than 30 million individual clients worldwide.