Cut-off times, value dating and transfer times

Outgoing transfer
from account in DNB Norway
Cut-off times (CET)

Debit value dates

Credit value dates
Domestic payments
     
Payment with or without reference (KID) 14:30 hours Same day Same day
Salary payment 14:30 hours Same day Same day
Express payment 15:00 hours Same day Same day
Internal transfer in NOK and foreign currency

With exchange:

Without exchange:


Same as for cross-border transfers 

19.00 hours





Same day





Same day
Cross-border payments
     
Europe/SEPA payment
 
 
 
With exchange:

- exceptions: BGN, HRK, TND

Without exchange

- exceptions: BGN, HRK, TND
15:00 hours

15:00 hours

15:00 hours

15:00 hours
Same day

Same day

1 banking day

2 banking days
1 banking day

2 banking days

1 banking day

2 banking days
General payment, normal:
With exchange:

Without exchange:
AED, AUD, CAD, CHF, CZK, DKK,
EUR, GBP, HKD, HUF,
JPY, NOK,  NZD, PLN, RON,
SEK, SGD, USD, ZAR
RUB
Other currencies
15:00 hours

15:00 hours




15:00 hours
15:00 hours
Same day

1 banking day




2 banking days
2 banking days
2 banking days

1 banking day




2 banking days
2 banking days
General payment, express and intra group transfer (from own account in Norway to our account in DNB branch abroad
With and without exchange:
 
 
 
CAD, EUR, GBP, USD
NOK, SEK
CHF, DKK, MXN
CZK, HUF, TRY
PLN
THB
AED, AUD, HKD, JPY, NZD, RON, SGD, ZAR
Other currencies
16:15 hours
15:00 hours
13:00 hours
11:00 hours
14:00 hours
11:00 hours
15:30 hours
15:30 hours
Same day
Same day
Same day
Same day
Same day
1 banking day
1 banking day
2 banking days
Same day
Same day
Same day 
Same day
Same day
1 banking day
1 banking day
2 banking days
*The cut-off time for express payments received manually or via secure telefax is one hour earlier than normal cut-off time for the relevant currency. To avoid delays in the handling of express payments, you must make sure that all the information is correct, and that it is possible to send payments in the currency in question.
As to express payments in EUR, the cut-off time mentioned is for payments to banks which can be reached via Target2. The cut-off time for express payments in EUR to other banks is 15:30 hours.

Payment type
Number of days until credit of beneficiary’s bank*
Europe
1-2 banking days
General payment
1-4 banking days
Express payment
0-2 banking days
* According to EU rules the receiving bank is, within the EEA, in most cases obliged to credit the account of the beneficiary on the same day they receive the money. In countries outside the EEA the credit of the beneficiary’s account often takes place several days later. If the payment is sent via one or more intermediary banks the credit of the beneficiary’s bank may be delayed.

Explanation of terms:
Cut-off times, value-dating and transfer times for outgoing cross-border payments