Payments and opening hours at KB branches at the end of 2010

Press release

12/6/2010
8:00 AM

At the end of 2010 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 Friday 31 December 2010 when branches will close earlier, at 1 p.m.

For its clients, Komerční banka has prepared detailed overviews of the opening hours of KB branches and the latest time by which payment orders (for domestic and international payments, including SEPA EuroPayments) and direct debit orders must be delivered to the bank, and cash deposited at counters, if they are to be processed and credited to the beneficiary’s account in 2010.

KB clients who use online direct banking services also receive information about the latest time for sending orders, via the bulletin board in the respective application. Orders for payments to third-party banks in the Czech Republic can be sent via direct banking channels by 30 December 2010 (with the due date on that day) and orders for payments within KB by 31 December 2010 before 8.30 p.m. (with the due date on that day). Further, the Expresní linka service will be available non-stop over the Christmas and New Year holidays.

Please note that cash deposits in accounts of Modrápyramida stavební spořitelna, in accounts of Penzijní fond KB, or in accounts kept at the CNB, must be made by 30 December 2010, inclusive, to ensure that they are credited to the respective account in 2010.

You can obtain detailed information at www.kb.cz and all KB branches.

The table shows the latest time by which payment orders and direct debit orders need to be delivered if they are to be processed and credited to the beneficiary’s account in 2010.

Type of payment Delivery of the order Latest time for delivery of order to KB
Payment orders in CZK to a third-party bank in the CR *)
payments to a third-party bank with the due date on 30 December 2010 direct banking
a) online
b) batch		 30 December 2010
a) by 8.30pm
b) by 5pm
  at a counter in a branch 30 December 2010 by 1pm
  self-service box 29 December 2010
direct debit from accounts in a third-party bank with the due date on 29 December 2010 direct banking
a) online
b) batch		 27 December 2010
a) by 8.30pm
b) by 5pm
  at a counter in a branch 23 December 2010
  self-service box 23 December 2010
Payment orders in CZK and other currencies within KB
payments and direct debit from KB accounts with the due date on 31 December 2010 direct banking
a) online
b) batch		 31 December 2010
a) by 8.30pm
b) by 5pm
  at a counter in a branch 31 December 2010 by 11am
  self-service box 30 December 2010
International payments, debiting of funds from payers’ accounts **)
standard payments – all currencies at a counter in a branch 29 December 2010 by 1pm
express payments, with the exception of JPY, AUD direct banking
online, batch		 30 December 2010 by 3pm
  at a counter in a branch 30 December 2010 by 1pm
express payment in JPY, AUD direct banking
online, batch		 29 December 2010 by 3pm
SEPA EuroPayment direct banking
online, batch		 30 December 2010 by 3pm
  at a counter in a branch 30 December 2010 by 2pm
urgent payments direct banking
online, batch		 31 December 2010 by noon
urgent payments - CZK, DKK, EUR, GBP, CHF, NOK, SEK, USD and other currencies not listed on the foreign exchange list at a counter in a branch 31 December 2010 by 11am
urgent payments for KBB clients in all usable currencies direct banking
online, batch		 31 December 2010 by 2pm
  at a counter in a branch 31 December 2010 by 1pm

 

*) Provided that the beneficiary’s bank keeps the statutory time limits for the crediting of payments
**) The latest date for the crediting of payments to the beneficiary’s account outside the Czech Republic depends on the time limits and banking days applicable to the beneficiary’s bank. If the client requires that the payment be credited to the beneficiary’s account in 2010 we recommend delivering the order for payment to abroad by 23 December 2010.

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 8,624 employees serve 2.7 million clients, who can use an extensive network of 393 points of sale throughout the country. Komerční banka currently operates 675 ATMs and 996,000 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 157,000 employees serve more than 32 million individual clients worldwide.